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Nadeem Walayat Financial Markets Analysiis and Trend Forecasts

Egypt the Next Syria? Coup by Military Elite to Steal Power from the People

Politics / Middle East Jul 05, 2013 - 04:11 PM GMT

By: Nadeem_Walayat

Politics

The military elite's coup against Egypt's first democratically elected government was engineered by the generals and supported by disparate fragmented groups led by big business and academics who lost last years presidential election, an event that was widely celebrated across Egypt including in Tahir Square.


However today, the masses on the streets have been successfully manipulated like bleating sheep into following the military elite's agenda by means of subversion of the 1 year old democratically elected government who's many failures were magnified by elite controlled mainstream press. Yes, Egypt's first democratically elected government was in many respects incompetent, but then again so have been many western governments over the years for which we only have to look at George Bushes retarded 8 years in office in the U.S. or closer to home Gordon Brown who was never elected in the first place but still went on to virtually bankrupt the country in an effort to maximise labour MP's at the May 2010 general election, the price for which the people of Britain will pay for a whole decade. So Government incompetence is not abnormal, in fact the most successful governments tend to be those that tamper the least in the day to day lives of citizens.

Egypt's first democratically elected government was always doomed from the start, as many of the government posts such as in housing remained in the hands of former regime members namely the military therefore they always had it in their means to subvert and undermine the new government. This was also whilst Egypt continued to pay the price for revolution as its tourism industry had failed to recover amidst continuing fears of political and social instability.

And off course there is the question of Islam as the Muslim Brotherhood's policies in action favoured the Islamisation of the state which fuelled increasing opposition from secularists of predominately the big cities such as Cairo, and thus the elite always had a willing pool of people to draw upon for propaganda purposes to give the impression of public uprising when in reality it is what it is, a military coup against a democratically elected government.

As is usually the case the Coup was well planned in advance, perhaps even before the Government took office, for which the military were always looking for triggering mechanisms to enact their plans, for which President Mohamed Morsi provided such an opportunity at a recent rally of supporters for a holy war in Syria, where Mr Morsi himself called for foreign intervention in Syria against the Assad dictatorship, something that many western leaders such as David Cameron have also suggested. But it was enough for Egypt's military elite to use as propaganda for a reason for the Coup as they could play the Al-Qeeda terrorists card just as Mubarak had successfully done during his dictatorship.

The military elite's coup for personal profit now sows the seeds of conflict between the majority and the minority ruling elite, supported by easily manipulated city secularists, especially as nothing actually changes on the ground i.e. the economy is in the same mess as it was before and now tourists are even less likely to visit and spend their money in Egypt.

Meanwhile western governments such as the US and UK reveal their hypocrisy by failing to acknowledge that a Coup has taken place against a democratically elected government just as the US propped up and supported the previous Egyptian Dictatorship. The message this sends out to the masses is that all of the talk of spreading democracy is just BS, and that the facts suggest that the US is engaged in a war against Islam.

However, it is not too late, Egypt has still to fall over the cliff at the bottom of which lies Syria. The clear solution to quench the Egyptian thirst for chaos is to firstly reinstate the democratically elected government before civil war breaks out and then to change th constitution so elections take place annually or bi-annually until the population has had enough of the lies politicians spout to get elected, to soon realise that all politicians tend to be the same, i.e. are focused on bribing vested interest voting blocks into gaining power and then using power to their own advantage. Though elections do give the masses an opportunity to a limited extent to hold the politicians to account, which one cannot say for military dictatorships where the secret police have free reign to terrorise the general population into submission, which is something most of the people of Egypt have real expcerience of and will nto allow to happen again.

However, I fear that Egypt returning to dictatorship has put the country on the fast track towards becoming the next Syria especially as other arab states are lining up on opposing sides to fuel conflict between Egyptians just as has taken place in Syria. This also sets a precedent that being elected does not automatically mean that a government will be allowed to complete its term in office, something that will now be on the minds of the Turkish government and to a lesser extent Brazilian's, both countries which have seen much demonstrations over the past couple of months.

At the end of the day in democracies slaves to the elite (which we ALL are i.e. debt slaves) are marginally more free than slaves in totalitarian states and it is the drive towards freedom which all people's desire most to attain.

See my earlier article for the real reason why people are demonstrating and how to progress towards freedom - The Debt Slaves Are Waking Up - Real Reason for Brazil, Turkey, Occupy Protests.

Source and Comments: http://www.marketoracle.co.uk/Article41264.html

Nadeem Walayat

http://www.marketoracle.co.uk

Copyright © 2005-2013 Marketoracle.co.uk (Market Oracle Ltd). All rights reserved.

Nadeem Walayat has over 25 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of four ebook's in the The Inflation Mega-Trend and Stocks Stealth Bull Market series.that can be downloaded for Free.

The Stocks Stealth Bull Market 2013 and Beyond EbookThe Stocks Stealth Bull Market Update 2011 EbookThe Interest Rate Mega-Trend EbookThe Inflation Mega-trend Ebook

Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication that presents in-depth analysis from over 600 experienced analysts on a range of views of the probable direction of the financial markets, thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors before engaging in any trading activities.

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