Peace In Our Time In Middle East?

It is reported the Obama administration is supporting a proposal by Egypt that could serve as the basis of renewed peace talks between Israel and the Palestinian Authority. The Egyptian proposal includes a freeze on further housing in the West Bank and Israel release of prominent Palestinian leaders who are in prison. The hope of Obama is that Israel demonstration of a willingness to compromise would stimulate the peace process. The Netanyahu government has already transferred some land from Israel to Palestinian Authority control.

However, the stumbling block remains refusal on the part of Prime Minister Netanyahu to order a freeze on construction in east Jerusalem. It is still unclear whether the Egyptian proposal includes such a freeze. President Abbas believes he can not attend a peace conference if Israel continues disregarding agreements concerning housing construction. The ball is in the court of Israel. Will we witness peace in our time in the Middle East?