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good afternoon everybody to register here and take action news welcome to our
Big Show with PK landing Ameren's Rachel caliber the entire team Daniel merits
can you guys hear me today
its yes regen David absolutely axle an actual a few articles on this site if
you are your problems on this end or something a little bit low but that's
all right
it is great to have everybody here on our show for really almost in the middle
July 2013 and it is a hot one up and down the East Coast with a great show
coming up we're going to talk about the two big issues
up the week that have been facing the Obama administration here in this for
segment two and let's go ahead and get started
as any man says that was pointing out I it has been %uh somewhat chaotic
in the nation over Egypt it was a year ago and had presidential elections
following an eight-day essentially to pose the president Hosni Mubarak they
had presidential elections
be rightful winner those elections a year ago a year ago I was a man by the
name of Morsi president Morsi took over
and the Egyptian Street has been widely disappointed with him
angry with him in terms of how he has handled the past year corruption not
representing other views are the people
they've also been concerns that he is too heavy handed in terms of his views
have critics
I love his leadership and oh by the way he is fully supportive of the Islamic
Brotherhood which is considered something of a radical religious
I sacked are religious power broker
in Egypt and a lot of the secular Egyptians it like that so in any case
the last two weeks or before July 4th there was a military coup widely
supported by the public
by the street or mass demonstrations again
this duly-elected leader Morsi was overthrown by the military with the
support the people here's what President Obama had to say
about the coup even though the administration was not calling it one
that democracy is not just about elections it's also about
how are you working with an opposition how do you treat a
dissenting voices how do you treat minority groups
a and though
what is clear right now is that a
although mister Morsi was elected democratically there's more work to be
done
to create the conditions in which everybody feels that their voices are
heard
and that the government is responsive and truly representative
and so what we've encouraged the government to do is to reach out to the
opposition and work through these issues
in a political process it's not the US's job to determine what their processes
but what we have said is go through
processes that are legitimate and observer Lovelock party challenge now is
for Egypt and the United States to determine what those processes
are and so far what egypt has come up with
in terms of their in Rome transition now that morsi's out the military has put
the head of the Supreme Court in as the president and has put in a process that
has already been rejected
both by everybody involved personally everybody involved in this process has
rejected the in term transition and here's the report from
ironically jewish news1 the Obama administration has said he is encouraged
by the proposed
roadmap back to democratic civilian rule released by Egypt's interim leadership
while trying to reconcile the fact that the military the support with billions
of dollars in aid hosted
a democratically elected leader the proposal has now been rejected by
Egypt's main liberal opposition party
the National Salvation Front as well as both a Muslim Brotherhood
which supports a former President Mohammed Morsi and the main protest
movement opposed to Morsi
again this proposal about an interim transition has been rejected by gives me
Liberal Party
the Muslim Brotherhood there was supported Morsi as well as the main
protest movement opposed to him
so what does it mean for our folks in the United States residents listen
residents of Washington DC anacostia or inner-city Chicago are all our listeners
well basically what it means is that because the instability in Egypt gas
prices oil prices are starting to go up as oil prices go up that means you're
going to pay more for your gasoline at the pump
you'd also has a potential for putting the brakes
on it comin keep in mind our economy is already somewhat fragile snot
is not back to the levels that a lot of people like to see
and the instability in the Middle East and the spike in oil prices that
essentially puts the brakes
gonna real economic impact on all this