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MR. SCHIEFFER: Some in your administration thought perhaps we should have waited a while on that. Do you have any regrets about that?
PRESIDENT OBAMA: No, I don't because I think that America has to stand with democracy. The notion that we would have tanks run over those young people who were in Tahrir Square, that is not the kind of American leadership that John F. Kennedy talked about 50 years ago.
But what I've also said is that now that you have a democratically elected government in Egypt, that they have to make sure that they take responsibility for protecting religious minorities—and we have put significant pressure on them to make sure they're doing that—to recognize the rights of women, which is critical throughout the region. These countries can't develop if young women are not given the kind of education that they need.
They have to abide by their treaty with Israel. That is a red line for us, because not only is Israel's security at stake, but our security is at stake if that unravels.
They have to make sure that they're cooperating with us when it comes to counterterrorism. And we will help them with respect to developing their own economy, because ultimately, what's going to make the Egyptian revolution successful for the people of Egypt but also for the world is if those young people who gathered there are seeing opportunities. Their aspirations are similar to young people's here. They want jobs. They want to be able to make sure their kids are going to a good school. They want to make sure that they have a roof over their heads and that they have a—the prospects of a better life in the future.
And so one of the things that we've been doing is—is, for example, organizing entrepreneurship conferences with these Egyptians to—to give them a sense of how they can start rebuilding their economy in a way that's noncorrupt, that's transparent.
