Egyptian President Hosni Mubarak Says Government Will Resign, He'll Appoint New One **Obama Responds** (Video)

Mubarak will remain as President

Associated Press
CAIRO — Embattled President Hosni Mubarak says he has asked his Cabinet to resign in his first appearance on television since protests erupted demanding his ouster.

He says he will press ahead with social, economic and political reforms. He calls anti-government protests part of plot to destabilize Egypt and destroy the legitimacy of his regime

He is defending security forces' crackdown on protesters.

Protesters have seized the streets of Cairo, battling police with stones and firebombs, burning down the ruling party headquarters, and defying a night curfew enforced by a military deployment. It is the peak of unrest posing the most dire threat to Mubarak in his three decades of authoritarian rule.
via Abc News David Axelrod: President Obama has “on several occasions directly confronted” Mubarak on human rights for the past 2 years “to get ahead of this"

thehill: Obama still has not called President Hosni Mubarack as protests rage

CNN's Wolf Blitzer on tonight's Situation Room: "Barack Obama's speech in Cairo in 2009 may have planted a seed for what's going on now"....(OMG)

Obama: "I just spoke to President Mubarak"

Charles Krauthammer: I believe Mubarak holds onto power
Weekly Standards's Stephen Hayes: Mubarak won't hold onto power

Obama statement from the White House