Ambassador Susan Rice:
"Our opposition to the resolution before this Council today should therefore not be misunderstood to mean we support settlement activity. On the contrary, we reject in the strongest terms the legitimacy of continued Israeli settlement activity. For more than four decades, Israeli settlement activity in territories occupied in 1967 has undermined Israel’s security and corroded hopes for peace and stability in the region. Continued settlement activity violates Israel’s international commitments, devastates trust between the parties, and threatens the prospects for peace."
An abstention would have sent a far stronger and far more appropriate message to Israel. Rice's statement will cause some indigestion, but the resolution would have facilitated additional sanctions.
[Added:
text of the vetoed resolution.]