“Those Egyptians who rejoiced in Cairo last week forget that the same police who brutally attacked anti-Mubarak protesters in 2011 and then disappeared from the streets returned instantly when the possibility of reinstating the old regime presented itself. And they showed great competence in brutally repressing those they disagree with. Those same rejoicing Egyptians forget that after the 2011 revolution, the army thanked the Egyptian people and told them to go home, leaving the country’s government to an unelected junta. Now, these same rejoicing masses have given the military an excuse to stage a coup and decide the fate of the country. No country did more to undermine Mr. Morsi’s government and celebrate its fall than Saudi Arabia. The Saudis understand that the threat that the Egyptian democratic experiment once posed to Saudi autocracy is gone……………….”

It seems there is a Gulf GCC bidding war to buy Egypt:
This morning the potentates of the UAE announced a $3 billion aid for Egypt. That is not new: they promised the same amount in 2011 but never delivered after Morsi and the Muslim Brotherhood won the presidency. They were bribing the military SCAF to forget about holding elections.
This morning the Saudi potentates also announced a $5 billion aid package for Egypt. They had also promised something like that two years ago but never delivered after Morsi won the presidency.
The Qataris are sulking and the shaikhs of Bahrain have not announced how much they will be bidding for Cairo, yet. The beauty of it is that neither the Bin Zayed Al Nahayan (UAE) nor the Al Saud need to have their Senate or Congress vote for the money. Mainly because neither has an elected legislature. Which exactly how they want Egypt and every other Arab country to remain.
It looks like the Mubarak days may be back. Now that is democracy we can all live with.

Cheers
mhg