The latest terror attack in Israel, and its endorsement by the Hamas party, points up the fact that Hamas is as morally and politically bankrupt as its government will soon be financially bankrupt. This kind of crime cannot be excused or condoned, no matter what the other side has done (for the same reason, I hope that Israel will not retaliate in kind). Considered in terms of its political implications, it only reinforces the logic behind the newly-elected Israeli government’s policies, and the destination to which they point: an imposed settlement based on the wall that is now largely complete, followed by a complete closure of the resulting border. This won’t be a fair or just settlement, but it’s hard to see who will object, given that Hamas opposes any settlement and refuses to negotiate.
More fundamentally, the strategy of terror attacks against Israel has been a disaster for the Palestinian people, particularly over the last decade. Hamas was the leading party pushing Palestinians to reject the Oslo peace process. It’s already clear that no better chance will ever arise for a settlement, and that the eventual outcome, after another decade or more of occupation, will be worse than that on offer from Barak and Clinton.
The only real hope is that the cutoff of funds from the EU and US will bring the unreality of Hamas’ position home to the point where the movement is discredited. Hamas has been promised $50 million by Iran, and Qatar and other states may follow suit, but that won’t last for more than a month or two and it’s unlikely to be followed by more, given that Iran has its own problems.