President Hosni Mubarak has resigned as leader of the country's ruling party, according to News Reports emanating from the country's State news outlet in the Middle East, bright and early at the crack of dawn this morning.
It appears that the 82 year-old beleaguered President has finally bowed to public opinion - and pressure from International Leaders - and chosen to make a swift exit (to the relief of many).
The President's son - Gamal Mubarak (also a member of Egypt's ruling National Democratic Party) allegedly resigned as well - quelling fears that he would step in to head up the corrupt regime that has been in power for the past three decades in the event his father made a graceful exit prior to the end of his term of office in the fall as promised.
Reports of the latest turn-of-events are just now being picked-up and broadcast by American News organizations such as the Los Angeles Times on the West Coast in California.
It appears that attempts to negotiate a smooth transition of power over the next few months - pursuant to a proposal crafted by President Obama - have been abandoned altogether.
In the final analysis, one has to wonder if the threat of a possible trial for crimes against humanity in the International Court, may have prompted President Murabak to reconsider his position.
News at 11!
Update
Arabiya television has retracted its report that longtime President Hosni Mubarak has resigned as head of Egypt's ruling party on Saturday.
http://www.thetattler.biz/
Blood on Mubarak's hands?
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