The Arabs had a good deal at Camp David. They should have taken it. Clinton said that it gave them 99% of their demands. Chasing that final 1% has led to another generation of hardship with no hope in sight for self rule. 

Rather than stabilizing over time, the Arab world has descended into more chaos and Israel is not going to allow the birth of another Arab country out of fear that it might become a Yemen, Libya, Iraq or Syria.