Senior U.S. officials are particularly alarmed by the deterioration in Cairo's finances since the street revolt that ousted President Hosni Mubarak in February. The Egyptian government has been forced to spend between $3 billion and $3.5 billion of its foreign-exchange reserves a month to pay for food and other commodities as tourism has plunged and overseas remittances have dried up.
Gee, who could have foreseen that? I mean, isn’t what’s going on in Egypt a mass movement for "Democracy" and were we not assured by top men in the Obama administration that the Muslim Brotherhood is a secular organization? What could go wrong?
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