Is George Bush Engaged in Lame Duck Diplomacy?

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In Ramallah today, President Bush laid out more of his vision for a Palestinian state next to Israel. Will the parties agree, or is it too little, too late? Also, are the Arab states still hoping to isolate Iran? Are they looking ahead to next president of the US? Also, American attacks against al Qaeda are up as political expectations are down in Iraq, and the presidential campaigns may going on for a long while. Kerry endorses Obama, Romney concentrates on Michigan.  What about a third party?

White House photo: Chris Greenberg