As hundreds of thousands of angry protesters mobbed downtown Cairo to denounce his 30-year rule, Egyptian President Hosni Mubarak delivered an utterly unapologetic speech Tuesday evening, vowing to safeguard his country’s stability and security while announcing that he would not seek a 6th term.

Defending his record and saying he would “die on Egyptian soil,” Mubarak indicated that he he had no intention of following the example of former Tunisian president Zine el-Abidine Ben Ali and fleeing ignominiously into exile.

Almost immediately, the demonstrators in Tahrir Square renewed their calls for his ouster, rejecting his bid to remain in office for another few months. It seems that Mubarak has made yet another mistake, one that may ultimately lead him to share Ben Ali’s fate. So what were his biggest blunders?

1. Failing to spread the wealth. Egypt’s economy as a whole has grown by a respectable amount, but most Egyptians don’t feel they’ve gotten their fair share. Instead, they see wealthy businessman with ties to the ruling National Democratic Party stealing the country’s riches.

2. Allowing corruption to pervade Egyptian life. If there’s  one thing Egyptians complain about, it’s the grand and petty corruption that makes it nearly impossible for anyone in the country to make an honest living. Getting anything done requires a bribe (the infamous baksheesh) and/or connections (wasta), and high-level embezzlement is rampant.

3. The vision thing. Say what you want about Gamal Abdel Nasser and Anwar Sadat, but Mubarak’s two predecessors knew where they wanted to take the country and had a plan for getting there. Nasser wanted to create a pan-Arab union under the banner of socialism and non-alignment, while Sadat sought to regain Egypt’s martial pride before making peace with Israel and joining the West. As for Mubarak, what does he offer Egyptians? Crumbling infrastructure, decaying socio-economic conditions, and utter fealty to the United States.

4. Half-hearted reforms. Egyptians have grown rightly cynical at their-government’s on-again off-again reform efforts, characterized by unpersuasive propaganda or Orwellian doublespeak. When they hear the word “reform,” Egyptians look for the catch, such as the constitutional amendment that more or less bars independent candidates from contesting the presidency.

5. Grooming Gamal. If there’s one thing nearly all Egyptians agree on, it’s that they don’t want to be ruled by Mubarak’s British-educated son. Over the last decade, Gamal played an increasingly visible role in setting domestic policy, tying his fortunes to unpopular liberal economic reforms and wealthy businessmen who are seen as corrupt and out of touch with ordinary Egyptians. Some of the most popular chants at demonstrations in recent years were variants of “No to inheritence!”

6. Underestimating the activists. Clearly, the Interior Ministry and the police were not prepared for the surge of protesters that first hit the streets on January 25. Accustomed to small demonstrations organized by Egypt’s utterly inept, fractious opposition parties, the security forces clearly expected more of the same. But the organizers behind the current uprising are networked, tech-savvy young people who obviously know how to connect with their audience and get the word out. They’re not from the political parties. The police were clearly rocked back on their heels, exhausted, and outmaneuvered last Friday — and that’s when the army had to step in.

7. Cheating too much. In most of the parliamentary contests during his 30 year reign, Mubarak has allowed a token number of seats to go to opposition parties. But in the 2010 elections, the NDP’s rigging got out of control, leaving only a handful of seats for the coopted Wafd Party. The Muslim Brotherhood was shut out, leaving it with no stake in the government and the patronage opportunities that go along with representation in parliament.

8. Sending in the thugs. After the police forces mysteriously dissolved Friday, reports came streaming in of looters attacking people in the streets, breaking into shops and homes, and otherwise intimidating ordinary Egyptians. Many of these thugs were found to be carrying police or state security IDs. If Mubarak’s hope was to drive the middle class back into the loving arms of the state, it seems he badly miscalculated — the protests have only gotten bigger since then.

9. Bringing in his cronies. Despite his Friday speech vowing to enact various unspecified political and constitutional reforms, Mubarak named his spy chief Omar Suleiman his vice president, dumped his cabinet, and named a retired Air Force general as his prime minister. Opposition leaders and analysts rightly interpreted this as a sign of business as usual.

This is hardly an exhaustive list, and I imagine Mubarak will make a few more major mistakes in the days ahead. What do you all think he got wrong? Please weigh in below.