The Arab-Israeli peace process is frozen solid. A breakthrough would require something far bolder and more imaginative than the president articulating another set of sterile American policy positions.
But a bolder proposal — outlined below — has a high risk of failure and may be well beyond the will or capacity of the United States to achieve. Given the current turbulence in the Arab world, the smart money on such a risky venture — or on any peace initiative — would be to wait at least until after U.S. elections in November 2012.
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