The Palestinians wasted it through weakness and stupidity of leadership. Even having a military threat via Hamas has not gotten them anything. The euphoria of the Goldstone report lasted 2 days and then even Goldstone recanted some of his findings. The recent battle with Hamas being hoisted as the winners had the Palestinians throwing candy for two more days. Meanwhile the Arab league talks but does NADA for them. Bottom line. Arabia is a non functioning society unless under the thumb of a cruel despot.
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Jordan foreign minister says to speak with Kerry on Israel-Palestinian conflict (Reuters)