OK, so some high-level staffers at CENTCOM want CENTCOM to take command over the Palestinian territories in order to show Israel some muscle and tell them to back off. If I'm reading it right, they wish for this because they believe that Israel's aggression in Palestinian territories is what's accelerating Iran's quest for a nuclear weapon and what fuels fundamentalist Islamic hatred of the US, which results in more violence.
Sounds to me like we're trying to over-regulate the world again. I'm no foreign policy expert, but at this point I would probably say "!@#$ it" and tell Israel to stop being idiots or else they'll be in for a long, bloody struggle with some Islam-led nations. To be fair, I'm not a fan of Israel in the first place.