Friday Lightning Round: Political turmoil in Egypt
Panel sums up this week's hot topics
- Duration 5:51
- Date Jun 15, 2012
Panel sums up this week's hot topics
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We're back now with our panel for the Friday lightning round -- our first topic what's happened to the Arab Spring in Egypt.
Egypt's highest court has ruled that the new parliament dominated by the Muslim Brotherhood must be dissolved.
And they also say that the last prime minister of the Mubarak regime can run in Sunday's run off.
State protesters are calling this in effect a coup.
By the old regime as it.
Strong word but it's awfully close if it's not look there are no good options for the United States he's got the Muslim Brotherhood on the one hand you've got the authoritarian left over Mubarak regime on the other.
Neither outcome is going to be great for the United States I think if if -- -- of what Obama administration what you want to do is whoever wins the election make clear right away that you expect.
The spirit and the individuals who started the reform movement from the beginning in the US aid.
And our relationship could be conditioned on those protections -- I think it's dark days -- the Arab Spring bottom line you have Mubarak loyalists who are taking over again if it does seem like something like like a coup although through morally ballistic means at least on its face.
And I think -- the broader concern is -- this was really one of the crew symbols of the Arab Spring and if it can happen there where couldn't it happen didn't seem like that was a place that.
What we're actually it takes and think take root in that in the in Egypt and now to see it all kind of wash away.
So we can end up seeing the mass demonstrations into -- square that was -- -- -- want to brotherhood decides to do.
It could strike a deal with the generals of the generals have been charged since 1952.
And they were not gonna go quietly the reason they they these environs of the parliament.
Is because just a few days ago -- appointed under demand committee.
To draw up a constitution and that's the threats of the parliament is -- I'm sure the committee will be dissolved.
The problem is is going to be presidential election that there's no constitution that will determine whether Libya.
And -- presidency.
A symbolic ones for a strong when -- happened in the past.
So the army wanted to make sure that it could could control.
The writing of a constitution which was determined the powers whoever wins on this Election Day.
I think the -- gonna stay in charge it looks at the experience of Turkey that -- of the -- -- in charge for eight years.
And I think -- that's I was he's Israel is not gonna go quietly.
All right let's turn to Greece would -- has its own elections on Sunday with the growing concern around Europe.
That them majority it's gonna pick a government that will blow off the austerity -- with the Euro zone.
And that you could actually see Greece drop out of the Euro and that that could create a finance.
So crisis days yeah I mean I think that that's virtually inevitable the question is the timing the new Democracy Party which is the center right party.
Has said that they want to defer some of the deadlines for the austerity program -- -- party has basically said.
We don't want anything to do with austerity but the interesting thing is you can pull Greeks 80% of them want to remain part of the -- -- you can't have it both ways you can't say no to austerity.
Austerity and say yes to the Euro.
Something's gotta give Greece is eventually going to be.
Out of the year of the question is whether it's the short term if the left wing party winds of war longer term the right -- our friends in the.
And I think of the bigger problem is that it's not ending with Greece -- the whole Euro crisis just really starts there Spain is a big issue as well the yeah obviously the Germans really a huge role on this I think it's a big moment for American diplomacy to -- -- next week president Obama's gonna be.
Really on the hot seat -- how he handles this and knowing that everything that happens there is gonna impact the economy here so quickly.
I agree it's not a Greece is just the first domino Spain's bonds are now -- -- 7% when she hit over six.
The country's gonna require a bail out Italy is hitting 6% as well.
Which -- the whole southern European tears -- it's it's not clear why it'll -- that triggered the Greeks eventually on and leave the result.
But it could be that the threat.
I was leaving of -- zone and apparently could cause in the banking system in Greece might scare the electorate into at least.
Temporarily not -- the left and staying with the bella are -- We've got less than two minutes left quickly on the campaign Obama Romney competing economic speeches polls tightening in some of them Romney now I had.
Briefly Steve where is this campaign right now.
I mean I think we're at -- basically a dead heat you look at what Mitt Romney is doing with this bus tour next week he's trying to hit places.
In the upper midwest I think may well decide the outcome of the election in November of this is a place where President Obama struggled in the democratic primary against Hillary Clinton.
Where Mitt Romney didn't do very well by making contact with voters this year this is going to be the ultimate battleground I think and he's laying the precedent for that.
I mean obviously it's it's well within those margin -- but who's leading right now it's a big Romney moment I actually think this bus or.
Unless interest in what he says that in what looks like I wanna see those pictures are -- TV guy -- exactly what I thought -- -- pictures exactly I wanna see our Seattle local papers play this because I think that has a big impact they care more about what it would they're gonna say a local paper in Dayton and anything that we can say here.
I think this is a chance for him -- reintroduce himself put himself out there in a moment that people are paying a lot of attention this campaign because a lot of external events he's -- an opportunity to take advantage of that.
Draws you wrote a column today we got pretty seconds -- but in the column you bemoaned the fact that we got four and a half months of this why.
Well because not much is happening but -- because of the media the Internet.
The rapidity of the response through the high technology -- every company has its on the air all the time without much happening.
So it's sort of much ado about little -- this didn't happen twenty or thirty years ago we got a -- -- Response -- Twitter every eight minutes but that's what it is and I think it's still rather stale mated and will remain there almost all the way through.