With the new deal, the US might have given up all leverage over Jerusalem for the next two years, agreed to construction in Jerusalem (and ultimately, the rest of the West Bank), and seems to get nothing in return
and
By promising an automatic veto against any international move or any unilateral attempt by the Palestinians do declare independence, the Administration gave up any leverage over Jerusalem in 2011. And since 2012 is elections year, one can say that Netanyahu got a Carte Blanch from Obama and Clinton for the rest of his term.
Furthermore, the administration promised not to demand any more moratoriums, and to exclude Jerusalem from the current one. In other words, the White House agreed not to oppose construction in the settlements starting from January 2011, and to accept all construction in East Jerusalem right now. This is, by itself, a terrible move.
What did the Americans get in return? And what did the Palestinians get? apparently, nothing. The negotiations might resume, but it’s hard to believe that any breakthrough will be reached in the next couple of months.
I don't mind that.
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