..."Hussie" referred to King Hussein of Jordan. An Arab country that would sign a peace treaty with the Jewish State nine years later (in 1994).
Mubarak was, and is, the President of Egypt. An Arab country that had signed a peace treaty with the Jewish State six years earlier, (in 1979).
...25 years later, the latest news is a possible "breakthrough" with the Palestinian leadership!! Under pressure from the Americans, they may be ready for direct talks! ...and then again, maybe not.