If the army was hoping that a hulking great monument would, literally and metaphorically, set their version of history in stone, they were wrong.
Suicide bombings in Sinai and an assassination attempt on the interior minister are a sign that Egypt is facing a growing threat from Islamic extremists, and the violent crackdown on the Muslim Brotherhood can only make things worse.
The government for once should take a stand on a matter of principle.
Dr Elizabeth Stephens takes a look at the current condition of the Egyptian economy, and asks whether businesses will be able to operate with any kind of normality.
Jeremy Bowen reports from Egypt.
All existing British and EU aid and support for Egypt should be placed under urgent review.
While the president and army appear locked in conflict, the streets are divided between the extraordinary groundswell of dissent against the president and those loyalists staging their own sit-ins and demos.
Worsening safety for women, breakdowns in the rule of law, crackdowns on cultural activity and police abuse - the Arab Spring wasn't meant to end like this.
The first anniversary of the president's inauguration is expected to spark nationwide protests. The grassroots campaign Tamarod aims to secure enough signatures to a vote-of-no-confidence petition to outweigh the 13 million votes that brought Morsi into power.