18th dynastic, i forget what they call where they bury the elm perrists or the ruling families. they let them go in there, dressed as security guards. they had automatic weapons and for 45 minutes they shot them. they chased them. 5-year-old kid, a baby. bill: the reason they did that was in 97 kill the tourism industry. which it pretty much did. they did and people forget such enormous attraction they bill: here is my question. do you believe that strain of violence, because, as i said in talking points memo, i think the jihadists are now going to move into the neighborhood. the army is going to fight them, all right? i assume the secret police will continue to bring them down. but the jihadists have got to see an opportunity here to foment chaos in the vacuum of mumbarak. that certainly is a possibility. we have had their blueprint. we have seen what they can do. on the other hand, this is the time for the muslim brotherhood and, that s, you know, whatever the muslim broth
best seller. you say this could have been a military coup. bloodless coup. tell us about that. the military is the one that wanted mumbarak out. he was 82 years old. he wanted his son to take his place. they wanted save the regime which was dominated by the military. he wouldn t leave. there was a showdown for really weeks between the military and mumbarak. when these demonstrators started, and i won t speculate who started them or why. but they certainly gave the military the strength to have the showdown with mumbarak. when mumbarak refused to leave last night, this morning they woke up and they forced him out of office. apparently flew him to scharmel and put him on ice. they saved the regime. bill: are you talking about guys walking in with machine guns saying because, as you know, doctor, mumbarak has his own guard which is separate from the military. he has got guys with guns surrounding him.
$70 billion. the news that mumbarak was stepping down helped further drive down the price of oil today, which rose with the tensions in egypt over this period, but has fallen since the protests reached their peek. as you can see, prices were well above $92 a barrel last monday. today, they dropped by another dollar after the announcement of the resignation. settled below 86 bucks, a 10-week low. wall street cheered the end of uncertainty today as it almost always does. stocks opened lower as hosni mubarak held on to power. but took off midday right after he resigned from office. by the end of trading, 4:00 this afternoon, all the major indecember cease were up about half a percent, with the dow up 44. s&p nasdaq 19 and s&p 7. the land of the pharaohs on the brink of a revolution. today on studio b that author, john bradley, told me mumbarak stepped down just in time.
congratulations on the book a best seller. you say this could have been a military coup. bloodless coup. tell us about that. the military is the one that wanted mumbarak out. he was 82 years old. he wanted his son to take his place. they wanted save the regime which was dominated by the military. he wouldn t leave. there was a showdown for really weeks between the military and mumbarak. when these demonstrators started, and i won t speculate who started them or why. but they certainly gave the military the strength to have the showdown with mumbarak. when mumbarak refused to leave last night, this morning they woke up and they forced him out of office. apparently flew him to scharmel and put him on ice. they saved the regime. bill: are you talking about guys walking in with machine guns saying because, as you know, doctor, mumbarak has his own guard which is separate from
they call where they bury the elm perrists or the ruling families. they let them go in there, dressed as security guards. they had automatic weapons and for 45 minutes they shot them. they chased them. 5-year-old kid, a baby. bill: the reason they did that was in 97 kill the tourism industry. which it pretty much did. they did and people forget such enormous attraction they bill: here is my question. do you believe that strain of violence, because, as i said in talking points memo, i think the jihadists are now going to move into the neighborhood. the army is going to fight them, all right? i assume the secret police will continue to bring them down. but the jihadists have got to see an opportunity here to foment chaos in the vacuum of mumbarak. that certainly is a possibility. we have had their blueprint. we have seen what they can do. on the other hand, this is the time for the muslim brotherhood and, that s, you know, whatever the muslim brotherhood is, it s a bunch of ev