We Arm the Muslim Brotherhood Dictatorship

When I saw the headline, “Muslim Brotherhood inherits U.S. war gear,” I assumed this was re-telling us the story that the winner of the election gets all the stuff that his predecessor had. Whatever tanks or missiles or ships the United States sent to Egypt under Mubarak are now under the control of Morsi, the ex-Muslim Brotherhood president who has “given himself” unaccountable powers. (His status as “ex-Muslim Brotherhood is a minimalist PR move; he quit in order to run for President Read more […]

Egypt Teaches Political Power Grabs Hurt Economic Development

Yesterday, Business Insider reported, “Egyptian Stocks Got Obliterated In One Of The Ugliest One-Day Charts We Can Ever Recall.” According to everything we hear in the media and in the Obama campaign, the key to economic growth is giving power to the few, or even to the one. The chart they derived from Bloomberg, may demonstrate that Egypt disproves that point of view.   According to Business Insider, “Fears that Mohamed Morsi is screwing the whole revolution up with his “Morsilini” Read more […]