(Title of this thread and captions over links from the articles, not my words)

US appears to shy away from talk about democracy in Middle East, despite historic anti-government rallies in ally Egypt:
http://english.aljazeera.net/indepth/opinion/2011/01/201112811331582261.html

Obama's speech (not aired in full in the U.S. but some media outlets did print or quote small parts of it):
http://english.aljazeera.net/news/middleeast/2009/06/20096410251287187.html

On the other hand, Clinton has changed her comments to use the D-word:

Clinton calls for 'real democracy' in Egypt
http://www.seattlepi.com/politico/434407_politico48433.html

My Words: The U.S. State Department is a reflection of the current administration's position.

Meanwhile,other views on the Cairo street:

Egyptians have reservations about ElBaradei
http://www.reuters.com/article/2011/01/31/us-egypt-elbaradei-idUSTRE70U28H20110131

And a view from Aluf Benn :

Obama will go down in history as the president who lost Egypt
http://www.haaretz.com/print-edition/news/obama-will-go-down-in-history-as-the-president-who-lost-egypt-1.340057