Mubarak'wealth- $40 to $70 billion, stolen from the Egyptian people

Bush used to claim that the people of the Islamic countries hated America because of its so called freedoms. Like all the propaganda of the Bush regime this was lies. Mubarak has been kept in power for 30 years by successive US governments. They wanted him there to keep down the Egyptian people but also to maintain the peace treaty with Israel. Since the start of the peace treaty Israeli defense spending has gone down from 30% of GDP in 1979 to to 7% after the treaty. The Jerusalem Post editor says the uprising in Egypt represents a "colossal psychological blow"to Israel and that the Israeli government is "freaking out." During this thirty years the US government financed the Egyptian government, especially the military to the tune of two to three billion dollars. The Egyptian military got $1.3 billion a year from the |US taxpayer. These are amongst the reasons the people of the Islamic world hate the US government.

But it is not only that. There is the question of poverty and wealth. Stop and think about these figures. The Mubarak family, that is the stooges of the US governments, kept in power only because of the US government, over the past 30 years have stashed away, that is stolen and hold on to, between $40 billion and $70 billion dollars. At the same time the majority of the Egyptian people live on approximately $2 a day. The wealth of the Mubarak family could transform the living standards of the Egyptian people and in fact could transform the wealth of the people of the world. It would be enough to put put clean water within reach of everybody in the world.

And what have been the rights of the |Egyptian people under this US sponsored regime. They lived under a state of repression where they could no express their views. They lived under a police state. This is understood by all. US capitalism has supported the most vicious regimes in the Middle East, supported the most extreme division between the rich and the poor, and tries to pretend it would not be hated for this. This is their problem now. Two weeks ago they were continuing to support Mubarak and keeping him in power. Now they see he is on the way out and so they are abandoning the sinking ship.

Capitalism does not work.

Sean.