Egypt: How Obama blew it

Robert Springborg has a rather convincing piece at Foreign Policy about why it's "Game Over" for Egyptian democracy and how America has helped the Egyptian army maintain control.An excerpt: The military will now enter into negotiations with opposition elements that it chooses. The real opposition will initially be ignored, and then possibly rounded up. The regime will do all possible to restore a sense of business as usual. Cell phone and Internet connections have already been re-established, and automatic teller machines are functioning, though banks remain closed so there can be no run on them. Businesses will be encouraged to reopen, and all possible will be done to ensure a flow of essential supplies into Cairo, Alexandria, and Suez.The last challenge remaining is economic. Even before demonstrations broke out a few weeks ago, the economy was just limping along. It is now broken. Even in the best-case scenario of a rapid return to stability, Egypt faces a cash crunch....(Read Full Post)