From a two-state solution to a one-state solution to the “Deal of the Century,” Palestinians living under Israeli occupation have endured decades of longing for statehood and its associated benefits, including political independence, economic prosperity, personal and national security, and freedom of movement and thought. Three decades ago, the Oslo Declaration of Principles ushered in the promise of phased liberation from the occupation, but the reality has been the creation of Bantustan-like communities, separated from one another and denied true self-governance. “Area C,” the largest of the Palestinian areas as defined in the Oslo Accords, remains under Israeli control, with Israeli settlers benefiting from this resource-rich region while Palestinians face restrictions that make it virtually impossible to use the land. This is despite the fact that the Oslo Accords included a vision that Area C would gradually be transferred to full Palestinian control. Honoring the original Oslo Accords would buttress the Palestinian economy, reducing the need for foreign aid and alleviating the current dire situation and growing Palestinian frustrations. This paper summarizes the events from Oslo to today, explains the current situation in PalestineIsrael dynamics, and concludes that the only real solution is a return to the two-state paradigm. Peace and security, for both Israelis and Palestinians, will come only through mutual recognition of statehood and clearly defined and respected international borders.