President Hosni Mubarak to remain head of state and offers minor concessions.

President Hosni Mubarak of Egypt addressed the nation this morning.  The excerpts of his speech: “I will not accept to be the subject of foreign pressure. Peaceful transfer power to the vice president will start now.  I will not run for Presidency in September. I will not relent to penalise those responsible for the violence. The blood of those killed in the violence will not be wasted. Constitutional changes will open door to overturning emergency law.”

He has delegated his power to his deputy.   Hence forth, I believe that Egypt will be on fire!

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