Mubarak is not yielding power - imperial grip on Egypt still firm

Mubarak just addressed the Egyptian nation.  He promised not to run in the next election, but he wants to rule through the transition period.  Bottom line - the USraelian Empire is resolutely refusing to let go of Egypt.

Mubarak also said "I will die on the soil of Egypt"; translation: I am not following Ben Ali to Saudi Arabia.

Mubarak appeared to be as out of touch with reality as the Shah was in Tehran.

Sadly, I believe that this only leaves the option of a violent overthrow.

Your opinion?  Any option left to avoid a bloodbath? A military coup maybe?