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I think Glenn misses some key points as well, at both the fundamental and practical level...
Care to complete your thought about that practical level? What is the pragmatic solution? Where, or what, is the incentive for Hamas to cease launching 'rockets'? What has been offered so far, obviously, is insufficient. Tell me how this ends...
Please note, there are knowledgeable individuals out there who assert
The big long-term problem Israel has is that its assiduous colonization of the West Bank has made a two-state solution almost impossible, turning it into an Apartheid state. And if you go on practicing Apartheid long enough, that begins to attact boycotts and sanctions. And forestalling a Palestinian state means that likely the Palestinians will all end up Israeli citizens.
[...]The Palestinians are Israel's problem. War on them, circumscribe them, colonize them all you like. They aren't going anywhere, and you can't keep them stateless and virtually enslaved forever, occasionally exterminating some of them as though they were vermin when they make too much trouble. That, sooner or later, will lead to boycotts by rising economic powers and by Europe that could be extremely damaging to Israel's long-term prospects as a state. - Juan Cole
http://www.juancole.com/2009/01/gaza-2008-micro-wars-and-macro-wars.html