"Peace in the Middle East" presents such an incredible legacy for US presidents that I fear they will do anything to attain it - including selling Israel down the river. Bush's actions are little different from Clinton's, and his supporters (I'm one on many issues) seem to be unconcerned with the particulars so long as GWB is credited with attaining peace.
Peace cannot be achieved by forcing one side to consistently appease the other while they have tremendous losses inflicted upon them. Our own policy suggests the administration understands this; hence the reason their Israeli policy is so perplexing.
I believe your comments reflect the only perception an honest thinking person could derive from current events. And like you I gain no particular pleasure disagreeing with the current administration with regard to this issue. Still I can not justify any other action than to do so.