In the middle of the Gulag camps, like Stalin thought with Birobidjan?
In what was the former Yiddishland, with Auschwitz as its capital?
(Or maybe Manhattan should declare its independence?)
You know, every words you may use when you refer to Jews show a direct geographic link. So why should you ignore it?
Jew => Judea
Israelite => Israel
Hebrew => "those who have crossed the Jordan river"
There wasn't plenty of choices. The current location is in fact quite obvious: Jews from everywhere and every centuries tried everytime to settle there, until they were eventually slaughtered by foreign invaders, whether by the Romans, the Byzantine empire, the Arabs, the Turks, the Christian Crusaders, the Turks again... and so on.
Everytime, they came back.