In the South Jerusalem blog, Gershom Gorenberg makes the case for why Obama, of all the presidential candidates, would be Israel's best option. It's quite a long and methodical post, definitely worth reading. In a nutshell, Gorenberg insists that
The one candidate who speaks in clear terms of taking a new approach to the Mideast is Obama. This is what scares the small coterie of American Jewish rightists who would eagerly fight to the last Israeli. If you care about Israel, you should hit “delete” when you get their emails.
Obama is the one candidate who had the sense to oppose the war in Iraq. He’s the one candidate whose statement on Israel expresses support for a two-state solution, which is the country’s path to peaceful future and is today the consensus position in Israel. He’s the one proposing a clear break from the disastrous Bush policies, and a turn to trying diplomacy.
Late update: Jeffrey Goldberg agrees in the NYT, arguing that Obama is more pro-Israel than Ehud Olmert and Ehud Barak. Crucial to the survival of Israel as a Jewish state is a total reversal of its settlement policy in the West Bank, which Goldberg likens to "colonisation".
