Being a Muslim in America

I thought that this piece by Rany Jazayerli was amazing. I usually balk at web pieces that make me click through five pages to read it (just put it all on one page, dammit, or do what Salon does and give me the option of seeing it on multiple pages or scrolling down one), but his writing is excellent and I think his point resonates.

It was with some reservation that I voted for Obama last Tuesday. I have found his presidency to be a disappointment in many ways. He wasn’t nearly aggressive enough about addressing the financial crisis he inherited, nor did he press for a public airing of what caused the crisis in the first place. His sustained use of drones to fight the war on terror has been both utterly immoral – an inordinate number of innocent victims, including children, have been killed – and completely counterproductive, because the obvious immorality of these attacks has ignited more terrorists than it has killed. Obama’s weak and unfocused response to the horrors being committed every day by the Syrian government is appalling.

But — third parties aside — the alternative was Mitt Romney, and I could not vote for Romney. There was simply no way that I could justify voting for a party that denies the very legitimacy of my identity as an American. And there was no way that I could justify voting for any member of that party that does not, in the strongest possible terms, denounce that view. Nor could most other members of the American Muslim community, who just happen to be clustered in swing states like Ohio, Virginia and Florida.

As it turned out, with the Muslim community voting overwhelmingly against him, Romney lost Ohio, Virginia and Florida by narrow margins, and lost the election. Joe Walsh lost his bid for reelection in Illinois’ 8th district, which frees up his schedule to start looking for the terrorists in Elk Grove and Addison. Also losing his bid for reelection was Florida congressman Allen West, who claims that “Islam is a totalitarian theocratic political ideology, it is not a religion.” Well, that’s one way to get around that pesky 1st amendment.

It doesn’t have to be this way. The Muslim community still shares many core values with Republicans, the same core issues that attracted most Muslims to the Republican Party in the first place. Muslims haven’t changed their views on limited government, or the superiority of the traditional nuclear family, or the importance of encouraging entrepreneurship. A Republican Party that focused on its core principles rather than on demonizing a minority as a way to score cheap political points would find support among the American Muslim community again.

Look, I don’t want to be a party-line voter. It does Muslims no good to be identified with a single political party – we run the risk of being taken advantage of by the Democratic Party, while having our needs completely ignored by the Republicans. And I look forward to the day, hopefully in the near future, when I once again vote for a Republican candidate. If Chris Christie — who unlike Romney has forcefully denounced “the crazies” (his term, not mine) — runs for president, I’ll give him full consideration.

But first, the Republicans have to stop insinuating that I’m alien to this nation. They have to stop implying that I support terrorists. They have to stop accusing me of being anti-American. And they need to denounce anyone in their ranks who does those things. That, I’m afraid, is not negotiable.

Morning Report

(posted for Brent)

Vital Statistics:

Last Change Percent
S&P Futures 1354.8 3.5 0.26%
Eurostoxx Index 2457.6 -4.1 -0.17%
Oil (WTI) 86.49 1.0 1.22%
LIBOR 0.312 0.001 0.16%
US Dollar Index (DXY) 81.19 0.114 0.14%
10 Year Govt Bond Yield 1.59% 0.00%
RPX Composite Real Estate Index 191.4 -0.4

Markets are slightly higher this morning on no real news. The Gap and Foot Locker reported better than expected earnings. Industrial Production and Capacity Utilization both fell and were below expectations. Those are warning flags. Bonds are down a few points and MBS are up.

The WSJ is reporting that the White House is in talks to replace the sequester with a smaller package of spending cuts and tax increases. They are looking at cutting spending by $100 billion next year. This would take the pressure off and allow a more comprehensive deal in mid 2013.

FHA is almost broke. They are hoping that an improving housing market and pending changes in its reserve fund will help it weather the storm without needing additional taxpayer funds. I wouldn’t rule out an increase in the G-fee at some point.

Bye-bye Twinkies, Ding Dongs and Ho Ho’s. Hostess has decided to liquidate instead of re-organize after a strike crippled operations. 18,500 workers will be let go.

The banking system continues to hemmorage jobs. Over 160,000 in the last two years, and the fire / hire ratio is around 2.0. I keep thinking that Wall Street tends to over-hire and over-fire, but they have been over-firing for years now. As we have noted, there are capacity constraints. Anecdotally, I have heard of one large bank that is refusing to take new customers on the trading side.

Last Call for Twinkies

“Hostess Brands Says It Will Liquidate”

By MICHAEL J. DE LA MERCED