Israel will likely take Obama and Clinton’s $3 billion offer in exchange for a settlement freeze, but don’t expect a peace deal. What might succeed is a dramatic step not by the Israelis, but by the Palestinians, says Leslie H. Gelb. What on earth are Hillary Clinton and Barack Obama hatching up for the Middle East this time? Believe it or not, the secretary of state and the president are offering Israel $3 billion of front-line jet fighters, mostly free, if it freezes some as yet unspecified settlement construction in the West Bank for 90 days. Their aim is to...