From Thursday night’s Special Report with Bret Baier.

On what would happen in Egypt following Mubarak’s Thursday night speech hanging on to power:

That was a shocking speech. And what’s so shocking about it is they had raised the expectations of the crowd in the square. There was an announcement by the military earlier that their [the protesters’] demands would be met — as we saw all the dancing — and then, all of a sudden, you get a speech where the president of Egypt is clueless, delusional, speaking in paternalistic tones the way he did two weeks ago as if nothing has happened, speaking of the demonstrators as his children.
They see him as their tyrant. It seems that they are now at a point where they’re going to have an explosion. When the mosques empty tomorrow, there’s going to be a mass of people extremely angry — and here, I think we’re at the tipping point. The question is what will the army do. It’s always been the central issue. What will the army do?
Either it’s [the military has] thrown in its lot with Mubarak, in which case, I think it’s looking at a catastrophe because it will either have to shoot on the crowd and lose all the stature it has — or it won’t shoot and then it disintegrates and we’re in chaos.
Or, the one possible outcome that might be a beneficent one would be a coup of some sort, a soft coup in which Mubarak and those around him are pushed out in dignity. They’re not shot. And the military takes over, has a provisional government, appoints technocrats and has a transition to elections and democracy.