“This is Not About Hosni Mubarak.”

Of course not.

Open questions:

1) Did Mubarak gamble that people would be exhausted and react with disappointment instead of anger?

2) Is he hoping the protesters will snap to provide a pretext for a violent crackdown?

3) What was his speechwriter smoking?

BBC reports that protesters have begun moving in the direction of the Presidential palace. Omar Suleimann speaking now.

UPDATE:

Chilling rhetoric:

Mubarak: “Those who have committed crimes against the youth will be severely punished.”

Suleimann: “Don’t listen to the foreigners, listen to your conscience and the dangers around you.”

Military representatives to make a statement presently.