Wednesday, January 14, 2009

Mecca and Israel

People say there's no precedent for the Jews returning to Israel. Indeed, nobody has ever repatriated their land after nearly two thousand years in exile the way the Jews did. That doesn't mean there's no precedent though, there's another historical incident in the region that's worth mentioning here.


Image: The Kaba in 1880; Source Wikipedia

Mohamed began his ministry in the city of Mecca where he was born. The existing powers in Mecca saw Mohamed and his followers as a threat, so the newly formed Muslims escaped to Yathrib (later called Medina). When they were strong enough and made the right alliances, the Muslims returned to Mecca, conquering it and the rest of the Arab Peninsula.

Likewise, the Jews were born in Palestine (then called Judea), but the existing power (Rome) saw them as a threat so they were exiled to Europe. Although it took nearly two thousand years, when the Jews were strong enough and made the right alliances, they returned to Judea (then called Palestine) to reclaim their land and re-establish the nation of Israel.

To be fair, the Muslims took control of Mecca in 630 c.e. and the Jews claimed their independence in Israel in 1948 c.e. One would hope that in thirteen-hundred years, human beings would have grown in civility, and indeed I think they have in many ways, but the moral implications and similarities of both events remain applicable.

I'm not wise enough to say whether or not the Jews had a right to take their land back, but I can say that morally it's not all that different from the Muslims taking Mecca. Both were done for the same reasons and both either displaced other people or forced them to convert.

I would like to point out one difference though. For the Jews there is no site more holy than the temple mount, yet when they returned to power they allowed Islam to maintain a mosque on the site, completely under muslim control, but when the Muslims returned to Mecca, they immediately took control of the Kaaba, destroying any non-muslim statue or reference in it or near it, including statues of Jesus and Mary.

I'm a believer in the two-state-solution in Palestine, but for it to work, Islam has to agree that the Jews have a right to establish their own state. One step toward that might be pointing out that what the Jews did in 1948 wasn't really that different from what the Muslims did in 630.

Oops CNN Does it again

Here's the headline: Retail sales drop for 6th straight month

Here's the Sub Head: Slump is the longest in at least four decades.

Pretty dire huh? Ready to cut your wrists yet?

Don't give up hope yet though, buried deep in the article is this: Of the $9.4B drop in sales between November and December, just over half was due to the plunge in gas prices, which pushed gas sales down by $4.9B, or 15.9%.

So, rather than going with a headline that says something like "Retail Sales Drop Driven by Falling Gas Prices", which would be true, instead they go with the end of the world scenario.

Never mind that six months ago gas prices were at an all time high and people were ready to go through the village with torches and pitchforks to hunt down oil executives, or that the real drop in retail sales is more like under 2.4%, let's REALLY scare the crap out of people with our headlines!

People are frightened about their economic future and that's understandable, but it would really help if the fourth estate would step up to the bar and start trying to make things better rather than worse. All they have to do is start reporting the news rather than trying to sell it with supermarket tabloid headlines.

read the article here

Monday, January 12, 2009

Law and Disorder

Mississippi can't ever get in the swing of things. Just when the Democratic party is on the rise nationally, here in Mississippi it's in the crapper, due almost entirely on the fallout from the Dickie Scruggs web of intrigue.

While most of us focused on the executive and legislative branches of state government, the real power was in the judicial all along and since it wasn't as well noticed as the other two, hijinks ensued.

I think it's time to admit that the Republican party, in Mississippi and nationwide, was far too influenced by big business and big finance, but the Democratic party was likewise far too influenced by big law and big labor.

Since Mississippi doesn't offer much by way of big business or big finance, big law stepped in to fill the gap and we're only now discovering the full extent of their influence and their corruption.

How big was it? Let's put it this way: they could afford to pay Ed Peters a million bucks just to be the bag man, and that was just the tip on the tip of the iceburg. I really hate it too, because Peters was a guy I admired in a lot of ways, but a million bucks can do a lot to lure a guy to the dark side.

Looking on the bright side, it may be a good sign that any Mississippi scandal could involve so much money. Maybe that there was so much money to be had is an indication of how far Mississippi has come and how much potential there is out there for somebody willing to do things the right way.

Friday, January 9, 2009

Economic Stimulus

For twenty years now we've been adjusting the Fed Funds Rate as a panacea for all our economic woes. Hey, it worked for Reagan so why not, right?

Adjusting the Fed can provide a short-term stimulus or regulation for the economy, but it's useless for dealing with more systemic problems. The way we've been using the Fed for the last fifteen to twenty years is sort of like treating chronic fatigue syndrome with caffeine.

I'm encouraged by Obama's plan to invest in our infrastructure as a means of economic stimulus. Working on our infrastructure, building roads and bridges, can provide real long term economic stimulus that no quick-fix can.

We need to invest in and develop the means of producing our economy rather than relying on mathematical tricks.

We must develop the means and the discipline of controlling our economy rather than just letting the free market take us wherever the hell it wants to go, because where it wants to go isn't always where we want to go.

Official Ted Lasso