It's wrong, and that's all. Turning around and excusing it is bigoted and hateful. But you try to justify it by saying that "IF" Israelis did it, it would be excused -- and therefore it's okay for others to do it. That's just bigoted logic. Shame on you.
Netanyahu at Holocaust memorial ceremony: Nazis slandered Jews before destroying them (Haaretz)
from the article: Natalie Portman 'shocked' by John Galliano's anti-Semitic slurs