World View: Angry 'Day of Rejection' Protests in Egypt Lead to Dozens Killed

This morning's key headlines from GenerationalDynamics.com

  • Angry 'Day or Rejection' protests in Egypt lead to dozens killed
  • Egypt's coup deals a blow to Syria's Muslim Brotherhood
  • U.S. employment shifts from full-time to part-time
  • Britain's National Health Service moves in opposite direction to Obamacare
  • Terrorist Doku Umarov threatens terror attacks on 2014 Sochi Olympics
  • Concerns grow about MERS Coronavirus as Hajj approaches

Angry 'Day or Rejection' protests in Egypt lead to dozens killed

Supporters and opponents of Morsi clash on the 6 October Bridge over the Nile in Cairo on Friday (AP)
Supporters and opponents of Morsi clash on the 6 October Bridge over the Nile in Cairo on Friday (AP)

There were fierce clashes between opponents and supporters of deposed president Mohamed Morsi and the Muslim Brotherhood in Cairo, Alexandria, and other cities on Friday, resulting in over 30 deaths and hundreds of injuries. Some deaths were caused by army live fire. 

Furious Morsi supporters poured out of mosques into the streets after Friday midday prayers to hold "Day of Rejection" protests, to reject the coup that overthrew Morsi and demand that Morsi be reinstated. In Cairo, the clashes took place on the 6 of October Bridge, so named to commemorate the beginning of the Yom Kippur war on October 6, 1973, when Egypt's army crossed the Suez Canal to attack Israeli fortifications. 

The widespread euphoria that followed the overthrow of Hosni Mubarak two years ago is now long gone, and Egyptians are now turning against each other, threatening civil war. Morsi opponents are calling for massive new protests on Sunday. Al-Ahram (Cairo) and Al-Jazeera

Egypt's coup deals a blow to Syria's Muslim Brotherhood

Syria's rebel forces have been fairly disorganized in their opposition to the monolithic machine of Syria's president Bashar al-Assad. Things got even worse for them this week when their most influential faction, Syria's Muslim Brotherhood, was dealt a blow by Egypt's coup that deposed president Mohamed Morsi, one of the leaders of Egypt's Muslim Brotherhood. In fact, al-Assad has been openly gloating the last few days over Morsi's fall, saying: 

What is happening in Egypt is the fall of so-called political Islam. This is the fate of anyone in the world who tries to use religion for political or factional interests.

Al-Assad doesn't bother with "political Islam." His army, and their allies from the terror group and Iran client Hezbollah, are in the process of trying to repeat their success in al-Qusair, where they flattened the city with heavy weapons, killing thousands of civilians last month. This month, they're flattening the city of Homs, where thousands more civilians are expected to be killed. AP and Reuters

U.S. employment shifts from full-time to part-time

We now have a better idea of why the Administration finally panicked and postponed Obamacare's employer mandate on Tuesday. According to Friday's jobs report, the economy created 195,000 new jobs during June -- which is the figure that the analysts on CNBC are euphorically quoting. 

But what they're not saying is considerably darker. The number of part-time jobs (working under 35 hours per week) increased by 360,000, while the number of full-time jobs actually FELL by 240,000. A lot of this can be attributed to the postponed Obamacare employee mandate. (See yesterday's article, "5-Jul-13 World View -- Eurozone and Obamacare continue their parallel economic collapse"

There appears to be a big shift going on from full-time to part-time employee and employers refusing to hire full-time workers, since any full-time worker requires a very big financial commitment with Obamacare. The one-year postponement may relieve the situation, but probably not by much, since the same mandate is supposed to be in place a year later. Zero Hedge and Washington Post

Britain's National Health Service moves in opposite direction to Obamacare

In yesterday's article, I compared Obamacare with some historical government attempts to control large markets. A major reason why all such attempts fail is that the government creates a huge bureaucracy to control the markets as they exist on that day. As soon as the bureaucracy is in place, it's no longer capable of coping with changes in technology or other changes in global markets, and the bureaucracy collapses of its own weight. 

The same is true of Britain's National Health Service (NHS), which was designed in the 1950s and is no longer able to cope with new technologies. The result is that Britain is moving in the opposite direction to Obamacare, and is instituting pilot projects to privatize the NHS. In one project, hundreds of NHS employees are being transferred to British Telecom, which will use new technologies to do such things as monitor people with long-term conditions in their own homes. The privatized services will produce better outcomes and save billions of dollars. The bureaucrats and the unions are fighting any attempts at privatization for fear of losing their jobs. BBC

Terrorist Doku Umarov threatens terror attacks on 2014 Sochi Olympics

Doku Umarov, the Islamist terror leader from Chechnya, is calling on jihadists around the world to attack the Winter Olympic games to be held in Russia's Black Sea resort of Sochi in 2014. Russia's law enforcement agencies are planning massive security measures to ensure safety to all visitors of the Olympic games. Undoubtedly, Umarov will receive a lot of help from jihadists returning from Syria, where they received training while fighting Russia's client and friend, Bashar al-Assad. Pravda (Moscow)

Concerns grow about MERS Coronavirus as Hajj approaches

MERS coronavirus is in the same family as the SARS virus that was raising pandemic concerns a decade ago, mostly in Asia. Since MERS was discovered in September 2012, it has been spreading slowly in the Mideast, where there have 40 deaths out of 70 cases, mostly in Saudi Arabia. However, earlier cases were discovered retroactively, the earliest being in Jordan in April 2012. 

In comparison to SARS, MERS is considerably more deadly but does not transmit from human to human as efficiently, so there's no significant pandemic fear at the present time. However, concerns are growing that a pandemic might begin in October triggered by a mutation in the virus that might occur when millions of Muslims from around the world arrive in Mecca, Saudi Arabia, for their once in a lifetime pilgrimage. National Post and Saudi Embassy - Hajj

KEYS: Generational Dynamics, Egypt, Mohamed Morsi, Muslim Brotherhood, Day of Rejection, Yom Kippur War, Hosni Mubarak, Syria, Bashar al-Assad, al-Qusair, Homs, Aleppo, Obamacare, jobs report, Britain, National Health Service, NHS, British Telecom, Russia, Chechnya, Doku Umarov, Sochi Olympics, SARS, MERS coronavirus, Saudi Arabia, Hajj 

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