• State Building,  State Department,  White House/NSC

    U.S. “Hedge Fund” Diplomacy in Egypt

    By Michael Clauser Like many Americans, I am conflicted about recent events in Egypt and even more so about what the U.S. government should do. On one hand, the United States has an immediate interest in the stability of Egypt and its government–and not just to keep the peace in the Middle East or secure the two million barrels of oil that pass through the Suez Canal every day.  But also because ditching a longtime U.S. ally like Hosni Mubarak at his moment of need does not send a reassuring message to other embattled pro-American leaders in unstable countries.  Especially when you consider what type of leader may be waiting…