MUBARAK TO STEP DOWN TONIGHT – Atlas Shrugs Weighs In (Video) …Update: No He Won’t – Team Obama Wrong Again

Egyptian President Hosni Mubarak will reportedly step aside tonight.
This was just what the Islamists wanted.

Atlas Shrugs weighed in on how this will affect Israel and the region.

The AP reported:

Egypt’s military announced on national television that it stepped in to “safeguard the country” and assured protesters that President Hosni Mubarak will meet their demands in the strongest indication yet that the longtime leader has lost power. In Washington, the CIA chief said there was a “strong likelihood” Mubarak will step down Thursday.

State TV said Mubarak will speak to the nation Thursday night from his palace in Cairo.

The military’s dramatic announcement showed that the military was taking control after 17 days of protests demanding Mubarak’s immediate ouster spiraled out of control.

Footage on state TV showed Defense Minster Field Marshal Hussein Tantawi chairing the military’s supreme council, with around two dozen top stern-faced army officers, seated around a table. Not at the meeting were Mubarak, the military commander in chief, or his vice president Omar Suleiman, a former army general and intelligence chief named to his post after the protests erupted Jan. 25.

UPDATE: Obama Administration wrong again. Mubarak won’t step down.

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