CNBC contributor Erin Burnett said Friday that oil prices would skyrocket if countries in the Middle East broke out from under the rule of brutal dictators.
Appearing on a Friday broadcast of MSNBC’s “Morning Joe,” Burnett said that the ongoing revolution in Egypt could threaten US interests in the region due to Egypt’s history as an ally on matters pertaining to Iran, Iraq and Afghanistan.
She added that as one of the most developed economies in the Middle East, it was surprising to see many of the society’s wealthiest individuals supporting regime change. Tens of thousands of protesters across the country have taken to the streets the last few days, demanding President Mubarak resign.
“One more thing,” Burnett remarked. “If this spreads, the United States could take a huge hit because democracy in a place like Saudi Arabia, you’ve talked about who might come in power, what that means for oil prices. They’re going to go stratospheric.”
“There’s no doubt about it,’ MSNBC host Joe Scarborough said. “No doubt about it!”
While the White House has been unusually quiet on the situation in Egypt, President Barack Obama said yesterday that Egypt’s leaders must be more “responsive” to their people.
Vice President Joe Biden, during an appearance Thursday night on PBS, also claimed that President Mubarak was not a dictator and should not step down.
Mubarak has been in power for over three decades.
This video is from MSNBC’s Morning Joe, broadcast Jan. 28, 2011.
Trump supporter complains about being socially toxic: ‘People unfriend you’
Fox News anchor Jeanine Pirro on Saturday complained about being judged by the content of her character.
"People unfriend you!' Pirro complained. "They don't want you to be a -- they don't want to communicate with you."
"People I've had at my wedding don't talk -- my children's weddings actually, they don't talk to me anymore," she explained.
"It's not usually the right or the left, I mean, the intolerance is on the left," she argued.
The longtime Trump friend was harshly criticized for her complaints. Here's some of what people were saying:
Trump disappointed conservative media isn’t praising him enough for letting Roger Stone walk: report
President Donald Trump has been disappointed in right-wing media for not giving him more credit for pardoning longtime advisor Roger Stone.
"A senior administration official said there were serious divisions among Trump’s aides and allies over Stone’s case, with some cautioning that keeping him out of prison could be politically risky. Among those opposed was Attorney General William P. Barr, who called the prosecution 'righteous' in an interview Wednesday with ABC News, the official said, adding that those pushing Trump to show loyalty to Stone included Rep. Matt Gaetz (R-Fla.), who is close to the president," The Washington Post reported Saturday.
WATCH: GOP congressman suffers coughing fit — while praising Trump at mask-optional GOP convention
Republicans in the swing state of Wisconsin gathered in Green bay for a mask-optional convention on Saturday.
"Speakers at the convention also praised Trump's handling of the COVID-19 pandemic, including the president's push to reopen the nation's economy and schools. More than 300 people attended the GOP state convention, with few in attendance wearing face masks, as [recommended] by public health officials," the State Journal reported Saturday.