Resurgent Anti-Semitism (a.k.a. Zionhass) a Function of "Cowardice"?

Victor Davis Hanson argues that people are too "cowardly" to say mean things about Islam and/or the jihad, and project their anger and frustration onto the Jews instead. I don't know if I agree since many of those fanning the flames these days are followers of Islam. As such, it's more like another flare up of Jew-hate of the Grand Mufti variety, and it fixates in our time on Israel because, well, there is an Israel, and because of Israel's cheek in continuing to insist on its right to exist in direct contravention of core Islamic texts.