Charlie Rose

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SharkswithfrikingLazers  02/07/2011 03:26 AM Report

How are the Egyptians eating? Food prices shot up higher than in 2008. In 1977 there were massive riots when it was announced that the government would allow the prices of a list of essential goods to go up.

In 2006 and 2007 Egypt was swept by an unprecedented wave of strikes in both public and privately-owned factories and even in some government departments. In almost all the cases it was about pay.

Now we have huge unemployment of the recent college graduates. Sounds like "it is the economy stupid". (By the way, this same pot is simmering in China.)

Brian, the story is much broader than the thugs in the street and how it looks from my Lazy Boy.

robdverity  02/05/2011 02:50 PM Report

@yankate: from your 'wisdom' - "Mubarek regime or the West. And , most chilling of all, the similarity of their economic system to our own: the 1.5 billion dollars which we hand to them every year goes not only into building the army which presumably keeps peace (oh, really?) in the Mideast, but also into bankrolling the same industry which sucks up the money supply in the US: Instead of funding job sustaining industry, Egypt--like us--props up banks and other money-for-money's sake operations. That, alone, is enough to explain the rage invoking poverty among the Egyptian people. We could learn from them. Hopefully, before it is too late and we have our own conflagrated city squares."

Our culture seems to tolerate much more than older ones a la Egypt and Tunisia. Instead of rioting in the streets at the egregious greed and ec. insults perpetrated by the NY bankers and Wall St., they were given bonuses with tax-payers money.

Poor uneducated Egyptians have more human dignity and sense of right and wrong than a nation with an apparently grasping greedy child-like mind-set that accepts a government that stifles its own regs to accomodate the subprime shell game designed by the NYC big banks - that collapsed the world ec. (which in turn collapsed Tunisia and Egypt). At least they're objecting. We're too obtuse.

yankate  02/04/2011 10:31 AM Report

I have been waiting to hear the pundits on shows like yours, Charlie, explain how the Egyptian protest movement got to this point. Were the "experts" really taken by surprise, as Thomas Friedman says--himself included? I finally resorted to other sources to fill in the blanks which seem to have been deliberately left by our so-called progrssive media. And what I learned, from publications by American academics largely (Columbia), is that there has been a growing democratic movement in Egypt for several years. That labor unions are growing. That large industrial strikes have taken place during the past few years. That the Muslim Brotherhood does not subscribe to the radical rhetoric ascribed to them by the Mubarek regime or the West. And , most chilling of all, the similarity of their economic system to our own: the 1.5 billion dollars which we hand to them every year goes not only into building the army which presumably keeps peace (oh, really?) in the Mideast, but also into bankrolling the same industry which sucks up the money supply in the US: Instead of funding job sustaining industry, Egypt--like us--props up banks and other money-for-money's sake operations. That, alone, is enough to explain the rage invoking poverty among the Egyptian people. We could learn from them. Hopefully, before it is too late and we have our own conflagrated city squares.

doodah  02/04/2011 07:27 AM Report

... and when the media calls for him to, 'say more' (to stir up more trouble)(which is part of their business and is to be expected), he should just tell them, "Oh really?.". "Fuck the politicians and the media! Let them eat Cake!".

Most Americans will get it. And Foreigners will Respect. Instead of being 'drawn in' by the immature element that is typical of Democrat Politicians. It's NOT Leadership.

doodah  02/04/2011 07:08 AM Report

I'm so sick of hearing about this Egypt Crap. Why can't America's leaders just shut up about it? Obama has no right (or competence or authority) to dictate 'HOW' they must go about settling the score Peacefully. He's just Pandering to the Egyptian protesters Here in America, who are about as responsible for their 'opinions' and 'advice' as a Wall Street CEO. Obama is behaving Just as Bad as any predecessor 'Imperialistic' President that he has so often criticized for being an arrogant reckless American Bully. He's really starting to steep in his hypocrisy.

The more he runs his mouth, the more damage he is doing for America. He should just say, "He simply supports a Smooth and Peaceful transfer of power (leadership). AND LEAVE IT AT THAT. JUST SHUT UP ALREADY. DAM FOOL.

blank  02/04/2011 04:40 AM Report

even the fact that economists sit and try to figure it out and still disagree i think it can get very complicated especially when you add psychology into the picture but i don't see it being that complicated what would happen if you started out by taking the concept of money completely out of the picture i guess naturally you would create credit and as time went by the meaning and value of that credit would change under different circumstances but i'm too tired to start on this i've been up for twenty and a half hours and only slept 4 hours last night it's too much i think the problem is politicians come up with an overly simplistic idea of things that might correlate to something in their own life (like their experience of balancing their checkbook or something) and then apply it to everything or they have some basic unrelated view on something that subconsciously guides their decision on everything rather than trying to figure anything out i think it's good sometimes to just admit when you don't understand a lot of times i think success can be as simple as being able to recognize when you have something correct and when you just don't know

blank  02/04/2011 04:21 AM Report

http://en.wikipedia.org/wiki/Paul_Krugman

http://en.wikipedia.org/wiki/Keynesian_economics

i think if you really sat and figured all of this stuff out and looked at statistics things would become clear i don't see politicians and the public actually doing that

blank  02/03/2011 08:30 PM Report

http://www.youtube.com/watch?v=KFRA5X9lnXA

http://www.youtube.com/watch?v=p1YK2WoZcI8&feature=related

mcmh1988  02/03/2011 01:50 PM Report

Brian Williams knows nothing about Egypt. 'Citizen gangs' attacking journalists? 'Everyone' wanting to take their cameras? Yeah there were a few plain 'citizens' but no. It was the pro-Mubarak gangs, sponsored by Mubarak. A vital distinction he seems to be unaware of.

REMant  02/03/2011 10:48 AM Report

The standoff over the square clearly indicated Mubarak feels humiliated, which, I think, could hardly have been helped by Obama's pronouncements. Tho it is unclear if that humiliation has anything to do with the ensuing violence, I'd guess it surely has. The govt supporters, according to Brian Williams and Aljazeera reporters are paramilitary and police out of uniform. The BBC said nothing about that, and has reported that those remaining are Islamists, which was denied by eyewitnesses. It is said the supporters were sniping at protestors in the square from a nearby bridge, but were routed in part by the Army. The Army, as it said it would, has tried to remain neutral, to keep order without being drawn in, attempting to disperse protestors and supporters alike, but they eventually withdrew, perhaps not wanting to be filmed in the aftermath of the fighting, or in the belief that it is over, or soon will be, because as this program aired, it was being reported that men in balacavas were waiting to enter the square. This morning it seems govt is trying the purge route, while keeping Suleiman in place, as the conflict continues.

One thing that hasn't been much reported, as Mr Sawiris alluded to, is the extreme youthfulness of these Arab populations. Tho I suppose this may be a cyclical phenomenon caused by WWII, increased rather than decreased fertility is the response of poor ppl to economic crisis.

I think this is a no-win situation, which, nevertheless, the administration has responded to very badly. First of all, it should have seen this coming. Bernanke, in particular, should have seen it coming. Then it revealed it was pulling strings in the background, which cost them the confidence of the protestors, and, on top of that, it switched sides and blabbed about their conversations with Mubarak, alienating him and no doubt Suleiman, et al. Not that I think the Bush admin would have done any better, tho they may have sent bombers against Sharm el Sheikh by now. Maybe the admin just don't know exactly where he is. Perhaps the president could send Bernanke over in a helicopter to see what he can do. I would also like to point out to Democrats that this is precisely why the 2nd Amendment was added to the Constitution.