1) Both parties must agree to the original UN formulation, restated by Obama and the Quartet, of "2-states-for-2-peoples", specifically, an "Arab State" and a "Jewish State" on the historic territory of the former Mandatory colonial Palestine. Israel accepted this in 1947. 2) Both parties must have democratically elected governments (one each) that actually represent their people and have practical authority to sign agreements that will be binding on and accepted by their respective populations (or a signature on an agreement is worthless - not any basis for a "peace"). The "Palestinians" under the PLO-controlled PA in the WB and the competing Hamas-controlled Gaza rocketocracy are completely incapable of meeting either of these very obvious and practical requiurements for a successful "2-states solution", or even a successful signed agreement. It is a sham and a fraud to promote any "peace plan" that does not have these two elements as a centerpiece and starting point. Israel has been there since 1948. They by every standard are a stable democracy and they have explicitly accepted 2-states-for-2-peoples - repeatedly since 1947. The Arabs are no where close - they are 2 competing, opposing "governments" that can't agree, and both of them reject the 64-year old "Jewish State/Arab State" formulation. Any attempt by Obama to side step this reality will demonstrate and reinforce to the US voters what a dangerous, Carteresque, amateur he really is - insurng an epic, landslide defeat in 2012 of him and the Democrat party. Which he knows - that's why its taking 3 months.
AG examines probes deal by new police chief Hirsch's security firm (Haaretz)
from the article: Peres: Israel needs to formulate its own Mideast peace plan