Recently, the United Nations held a vote on whether or not to recognize statehood for the Palestinian Authority. The motion passed by an overwhelming margin, making Palestine the newest state recognized by the UN and a non-member observer state to the same body. Only nine nations voted against the motion (though many others abstained completely): Canada, Israel, the US, Panama, the Marshall Islands, Micronesia, Palau, Nauru, and the Czech Republic. Canada has also recalled our various delegations to Palestine, Israel, and the UN in the wake of the vote.
I've been of a majority opinion for a while now in thinking that palestine should be a state. After all, it was, right up until the West came along and pushed them aside in order to have a place to send all of the Jews. The move to re-create Israel always seemed to me like it was racially motivated on the part of the goyim (that'd be me).
I get the arguments that Palestine is bad because Hamas, but let's step back for a moment and assume that your own lands were occupied. I don't particularly care how the animosity started, or who was responsible, however. I'm more interested in a resolution. Recognizing Palestine as a state lends credence to that goal.