Remember Candidate Obama's "unshakeable comittment" to Israel? In the bin.

The Times of London reports:

Barack Obama is to pursue an ambitious peace plan in the Middle East involving the recognition of Israel by the Arab world in exchange for its withdrawal to pre-1967 borders, according to sources close to America’s president-elect.

Obama intends to throw his support behind a 2002 Saudi peace initiative endorsed by the Arab League and backed by Tzipi Livni, the Israeli foreign minister and leader of the ruling Kadima party.

The proposal gives Israel an effective veto on the return of Arab refugees expelled in 1948 while requiring it to restore the Golan Heights to Syria and allow the Palestinians to establish a state capital in east Jerusalem....

A bipartisan group of senior foreign policy advisers urged Obama to give the Arab plan top priority immediately after his election victory. They included Lee Hamilton, the former co-chairman of the Iraq Study Group, and Zbigniew Brzezinski, a Democrat former national security adviser. Brzezinski will give an address tomorrow at Chatham House, the international relations think tank, in London.

Brent Scowcroft, a Republican former national security adviser, joined in the appeal.

The long knives are out.

According to a Washington source Obama told Abbas: “The Israelis would be crazy not to accept this initiative. It would give them peace with the Muslim world from Indonesia to Morocco.”

The One has spoken. Militarily indefensible borders conceded to jihad terrorism. Historic capital divided. The creation of about a half million Israeli refugees. And what was that about Israel's "effective veto" on so-called right of Arab return? That's "peace" with the Muslim world for you.