On the eve of the revolution

On that day in this moment from 55 years ,the Free officers were preparing for their coup that changed not only the course of this country's history but the history of the region , in this eve no Egyptian except of course those few young men ,knew that next day there would be coup and no Egyptian except also those few young men wanted a coup or revolution ,the only wish most Egyptians had was to have back the Wafad back in cabinet
Yet after 55 years from the revolution and radical transitions Egypt faced since it had taken place ,Some Egyptians now wish for another revolution !!
And believe me it is not the some but I believe if any coup or revolution is going to take place ,most Egyptians will welcome it even more than the welcome of those who lived 1952, despite they know very much that the revolution days were not the best nor its decision , they know very well it is not the best option for democracy but there is one thing they want this revolution to happen that is :Nationalization
People will welcome Nationalization again
Yes despite all its bad results
here I am not talking about the fancy high class or the educated high middle class, here I am talking the low middle and low working class ,the real power of this country
In the last three years Mubarak and Son sold almost all the sectors to foreign investors just like before the revolution ,say Good bye to the national capital money
Quick look ,very Quick look to the Egyptian economy and you will know what I am speaking
Thanks to the Egyptian Cabinet decisions most Egyptian banks were sold to foreign banks , I think there are no more Egyptian National Banks except three : The C.I.B ,The National Bank of Egypt and Misr Bank , the last two are public banks "there were silly jokes that they were going to sold the NBE but Mubarak denied it himself"
The Egyptian Banking sector is now dominated by Foreigners , mostly French and Lebanese !!
I know very well that most banks that were sold were already going to be bankrupted because of the corruption and bad loans , but let's speak the truth most banks scandals from loans by billions that were stolen and now are deposited in Bahamas took place in the first place because of the NDP members or those who are related to them using their influences to push and to bribe the bank managers , just look to the famous case of "Cairo Bank" or "Banque De Caire" which is going to be sold after a storm session in the parliament
There is a very healthy solution that could remedy the Egyptian banking system that is Merger , merger the weak banks with the strong banks , or even merger the weak banks together trying to make one strong bank
Forget about the banks , let's go to the industrial sector , Privatization can be a good solution , but there are other alternatives , first of all you use the stock market ,let your own people own shares in these national factories ,it is the same like privatization
Now to the back disaster
On that day the 22nd of July 2007 I found this disturbing news in the newspaper in the front page of Al-Ahram "they are really enjoying teasing people in the morning "

For the first time , the permission is granted for the private sector to establish and operate irrigation projects  in a bill to develop irrigation and cultivation of 925 thousand acres in western Delta , The investors have the right to a concession period of 30 years after which devolves projects of the State

They are privatizing the irrigation sector ,I can not believe it ,just like the old days before the revolution
I thought that the water and irrigation is from the national security , yet it seems not anymore
I don't know why I suddenly remember the image of the controlling evil irrigation engineer who used to appear in the Novels of Taha Hussein and Youssef Idris and how controlling he is in the villages he used to work in and how he was considered the most important personality directly after the Sheriff himself -a side remark
Ok we leave the irrigation decision which came right after the water crisis people are still suffering from in the middle of the summer in the same Nile Delta and go for another strange privatization decision
They are going to privatize the Metro , oh yes the underground is going to be sold too
It is too common to hear some Egyptians wondering when the regime starts to sell us too in auction but come on the government already did so with the agreement to export Egyptian maids to Saudi Arabia
These are the only exams I can remember today but the list is too long and the examples are full of details that surely will make you sad on the valley of the Nile understanding why some want another revolution with another nationalization and the majority will say no
Do not think for a second the people want back the nationalization or revolution because of their glories again more they are acting according to the Egyptian proverb

 "what pushed you the toward the bitter stuff ?? the more bitter stuff"

Technorati tags: Egypt, Economy, democracy, privatization, mideast, history, north Africa, 23rd of July, July coup, 1952, politics, citizen Journalism