First we had Schordinger markets in which value is either zero or whatever the Fed says it is; then we got Schrodinger economies when China was both expanding and contracting at the same time; now we have Schrodinger military coups which are both a coup and not a coup, at least as far as the US is concerned. According to AP: "The Obama administration will tell lawmakers Thursday that it won't declare Egypt's government overthrow a coup, U.S. officials said." So why will the US claim the obvious military overthrow of Morsi and his Muslim Brotherhood was a "democratic" process? Simple: it will allow the United States "to continue providing $1.5 billion in annual military and economic aid to the Arab world's most populous country." And why will the US continue providing Egypt with $1.5 billion in annual military aid? Simple: so Egypt can continue buying more Made In Lockheed Martin F-16 fighter jets to spread the Nobel Peace Prize winner's diplomatic agenda in the middle east. Because one must always think of the children GDP.

From AP:

William Burns, the State Department's No. 2 official, will hold closed-doors briefings with members of the House and Senate just a day after Washington delayed delivery of four F-16 fighter jets to Egypt. It was the first U.S. action since the military ousted Mohammed Morsi as president, imprisoned him and other Muslim Brotherhood members and suspended the constitution earlier this month. The administration has been forced into difficult contortions to justify not declaring a coup d'etat, which would prompt the automatic suspension of American assistance programs under U.S. law. Washington fears that halting such funding could imperil programs that help to secure Israel's border and fight weapons smuggling into the Hamas-controlled Gaza Strip, among other things seen as critical to U.S. national security. It's unclear what specific arguments it will present Thursday, but the officials said Burns will explain how the administration has yet to make any coup determination and that it doesn't plan to do so in the future as Egypt moves to restore civilian governance and hold new democratic elections. The officials spoke on condition of anonymity because they weren't authorized to speak publicly ahead of the private meetings. Many from both parties in Congress sympathize with the administration's view and the need to back a military that has safeguarded Egypt's peace with Israel for three decades. Still, some across the political spectrum disagree. Republicans from libertarian Sen. Rand Paul of Kentucky to hawkish Sen. John McCain of Arizona, and Democrats such as Sen. Carl Levin of Michigan, have demanded the coup law be enforced. The law stipulates, however, that it's President Barack Obama and his administration's decision on how to characterize Morsi's July 3 overthrow.

If one isn't laughing hysterically yet, the following should assure of that outcome:

White House and State Department officials pointed shortly afterward to the large anti-Morsi protests that preceded the military's action and said Morsi's Islamist-led government, while democratically elected, was taking Egypt down an increasingly undemocratic path. Since then, the president and his national security team have tried to balance support for the military's proposed return to constitutional rule and democratic elections alongside concern over the crackdown on key Morsi allies. The delay of the fighter jets, scheduled for delivery this month, was the first direct action the U.S. took since the upheaval. However, the Pentagon said this week the U.S. was proceeding as planned with this year's joint military exercises. The biennial maneuvers were canceled in 2011 following the revolution that ousted President Hosni Mubarak. During Mubarak's three decades in power, Egypt was America's premier ally in the Arab world and at the heart of its efforts to fight Islamic terrorism, roll back Iranian influence across the Middle East and promote peace among Israel and its Muslim neighbors.

We can only hope nobody is surprised - when one Banana republic interacts with another, such a grotesque farce is the only logical outcome.