I think the perception that the US has power over Egypt is extremely inflated. Yes, the US gives about 1.3 billion in aid to Egyptian Military annually, yes they have a long lasting relationship, and yes you see American's officials going there every once in awhile. But, all in all what does that amount for?
Egypt is the most populated arab country, controls the suez, has the largest military in the region, and has friends other than the US. If America takes suspends the billion dollars, you have Gulf countries ready to take America's place, and even offering more money. The military is the most stable institution in the country, and the only one capable of holding it together. Short of threatening a military campaign against the military, what can they do?
Obama is trying his best to stay relevant in the game, without alienating the most powerful force in the country. And the military knows it.



