Mubarak: "I Will Stay Till September, I Will Not Bow to Foreign Pressure"

After being assured by the Army that Mubarak would go, the protesters in Egypt were in for a surprise. President Mubarak vows to stay in office until September, and declares he will not bow to "foreign pressure".

Ooops, Obama, you screwed up by flipping and flopping, and didn't say what would have mattered when it would have mattered, and said things that were totally unnecessary (like this morning's speech).

Here's a picture of angry protesters in Tahrir Square with shoes. (We know what those shoes signify, don't we?) (posted by @LaurenBohn via twitpic, from Al Jazeera Live Blog Feb 11, 2011)

According to Al Jazeera, there will be an unprecedented number of Egyptians taking to streets come tomorrow. They are already heading to the Presidential Palace in Heliopolis.

In the meantime, Zero Hedge reports:

EGYPT SECURITY HQ IN RAFAH ATTACKED BY ROCKET PROPELLED GRENADE

The Egyptian Revolution is getting "hot", starting to resemble Paris 1789 and Bucharest 1989.

Finally seeing the potential of much bigger turmoil and oil supply disruption out of Middle East, the US stock market futures are down right now. Dow futures -37, Nasdaq -6.75, S&P500 -4.70.

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