The debt hawks are to economics as the creationists are to biology. Those, who do not understand Monetary Sovereignty, do not understand economics. If you understand the following, simple statement, you are ahead of most economists, politicians and media writers in America: Our government, being Monetarily Sovereign, has the unlimited ability to create the dollars to pay its bills.
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In the previous post ( We already have lost the war), I reprinted excerpts from an article written by John Mauldin, in which he asked, “When would a wise Jew have begun making plans to leave Germany?”

He reminds the reader about a series of events occurring in pre-World War II Germany that presaged the holocaust, events each of which would have given the “wise Jew” a clue about what was to happen. In each case, Mauldin asks whether this is the point at which the “wise Jew” should have seen the handwriting on the wall, and left. You might wish to read that post before continuing with this one.

The point of today’s post is that some of the same events occurring in pre-war Germany are occurring now in America, and this time, the main target is Islam. So the question is: When would the wise Muslim begin to make plans to leave America?

Here is one parallel with yesteryear:

Americans’ bias against Jews, Muslims linked, poll says
By Michelle Boorstein, Washington Post Staff Writer, Thursday, January 21, 2010

A (Gallup) poll about Americans’ views on Islam concludes that the strongest predictor of prejudice against Muslims is whether a person holds similar feelings about Jews.

The poll, conducted in the fall (of 2009), is the latest large-scale survey to find a high level of anti-Muslim sentiment in the United States. . . The Gallup poll asked Americans about their views of Islam, Christianity, Judaism and Buddhism and found that 53 percent see Islam unfavorably.

And here is another hint for the “wise Muslim.”

Ground Zero:Exaggerating the Jihadist Threat
by Romesh Ratnesar, Time, August 18, 2010

President Obama’s statement on Aug. 13 endorsing “the right to build a place of worship and a community center on private property in lower Manhattan” has unleashed another storm of partisan bloviation. Obama is “pandering to radical Islam,” says Newt Gingrich; John Boehner finds Obama’s comments “deeply troubling.” On this issue, the President’s critics have public opinion on their side: nearly 70% of Americans in a CNN–Opinion Research Corporation poll say they oppose a Ground Zero mosque.”

And yet another hint for the “wise Muslim”

Growing Bias Against Muslims In America
Posted in Liberaland by Alan, 9/13/2010

“There is a hatred, an open hatred, and a lack of tolerance for people who are Muslim,” said Mary Jo O’Neill, regional attorney for the Phoenix district office of the Equal Employment Opportunity Commission. She said she has seen an uptick in discrimination complaints among Muslim workers in her region, which includes Arizona, Colorado, Wyoming, Utah and New Mexico.

Claims of bias against Muslims in the workplace rose to 1,490 last year (2009) from 1,304 in 2008 and just 697 in 2004, according to EEOC figures. Last year’s total was even higher than in the year after the 9/11 attacks, when bias claims hit 1,463. Figures from this year are not yet available.

No, I am NOT suggesting that Muslims should leave America. On the contrary, my fervent prayer is that the anti-Muslim demigogs and the hate-mongering bigots will quit America and the Muslims will stay with us to enrich our multi-faceted society. But if you read the previous post and think about what happened in Germany and now is happening in America, you will see disturbing parallels.

We have not gone so far as a “Chrystal Night” in America, yet. We like to think we are the compassionate land of the free – we like to think it couldn’t happen here — but in truth, no nation is immune from the bigotry disease. Perhaps the killing of bin Laden will reduce the heat, but I suspect that one more 9/11 tragedy will unleash the dogs of hatred, perhaps far worse than anything we have seen.

What do you think the wise Muslim should do?

Rodger Malcolm Mitchell
http://www.rodgermitchell.com


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No nation can tax itself into prosperity, nor grow without money growth. It’s been 40 years since the U.S. became Monetary Sovereign, , and neither Congress, nor the President, nor the Fed, nor the vast majority of economists and economics bloggers, nor the preponderance of the media, nor the most famous educational institutions, nor the Nobel committee, nor the International Monetary Fund have yet acquired even the slightest notion of what that means.

Remember that the next time you’re tempted to ask a dopey teenager, “What were you thinking?” He’s liable to respond, “Pretty much what your generation was thinking when it screwed up my future.”

MONETARY SOVEREIGNTY