Carl in Jerusalem writes that this is "spot-on." I agree.
From A Moment of Truth in Israel by Daniel Greenfield:
.... The only way to end the threat of Hamas in Gaza is by retaking Gaza, but no such policy is on the table. Like America, Israel responds to terrorism not with the aim of achieving decisive victories, but with a policy of intimidating the terrorists into scaling down their attacks. This is a political policy of political generals and leads to terror becoming a permanent institution.
Israel has tried negotiating its way out of the terrorist trap. It has not tried fighting its way out. Israel has tried to escape the occupation, but in a region where you are either the occupier or the occupied, it may have no choice.
...
But what is Israel fighting for? Like so many modern countries it is fighting so as not to fight. It is fighting for peace. It is fighting to escape from fighting. And so like many modern countries it cannot bring itself to fight hard enough to break the cycle. Instead it fights just hard enough to defer the fight by another few years and the cycle continues.
See also Sitting Shiva for Gush Katif
at Jewish Current Issues, August 19, 2005.

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