It may be other countries besides gives it support too, I do not know, but the American involvement introduces a fascinating dimension to the current turmoil in this beautiful and ancient land. It gives President Obama a degree of influence in the situation but could be disempowering, even humiliating, if the Army ignores his guidance, as is likely; it is a problematical dimension also, particularly if the there is a military coup in Egypt when America is legally banned from assisting such occurrences.
It is unsurprising, therefore, that the President is attempting to calm the situation, and making it clear that he supports no side, only the side of peace and democracy, and it may be he has to withdraw the financial subsidy altogether in order to distance America from what is unconstitutional and certainly awkward.
It is a pity there is such intransigence between the different factions in Egypt: the impasse could have been avoided if President Morsi had listened more to the concerns of the people, and if the tenets of electoral democracy had been honoured. In most “democratic” countries where there was protest on this scale, the elected leader would have stood down to make way for new elections to enable the citizens to decide through their votes: Morsi has refused to do this, and it may be too late for him to do what is honourable.
And so, once again, the Army is waiting to take over in Egypt. Plus ca change……it could, sadly, get very, very messy.