Morsi: When I said Jews, I didn't mean Jews

Here are the headlines and headliners you'll be talking about today:

Michigan Gov. Rick Snyder wants to raise $1 billion per year for transportation in his state, breaking with austerity-minded Republican governors elsewhere. Snyder is trying to mend wounds from a divisive legislative session that included the imposition of a "right-to-work" law in his state, where Democratic-leaning unions have long been influential.

Mohammed Morsi, the President of Egypt, now says he wasn't referring to Jews when he said, two years ago, that Egyptians must learn to hate "Jews," and called Zionists "bloodsuckers," and "pigs," and a bunch of other things. (His words were revealed by an opposition TV station, which, if you think about it, is a small sign of political health.) Good thing a U.S. Congressional junket/delegation is in the country to hear him apologize and insist that his words were constructive policy criticism and nothing more. There is absolutely no chance that Morsi's non-apology apology will jeopardize the $1.3 billion the U.S. sends Egypt, nor the extra money it is preparing with the IMF as an aid package. What leverage, if any, does the U.S really have over Egypt? And what, in practical matters, can Israeli officials do? The answer: Probably nothing, although I'm sure there will be diplomatic theatrics for months to come.

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