After deliberately raising the hopes of millions of Egyptians and millions more around the world, U.S.-backed Egyptian President Hosni Mubarak defied the rising demand of the millions of protesters who have taken to Egypt’s streets, to announce he will remain in office. Claiming he wouldn’t bow to “foreign pressure,” Mubarak, he said he had “laid down a vision…to exit the current crisis, and to realize the demands voiced by the youth and citizens…without violating the Constitution.”