All Israeli citizens have equal rights. You can gain citizenship if you have a Jewish background, just like someone with an Irish background can gain an Irish citizenship.
The statement was that all races have equal rights under Israeli law not that all citizens have equal rights. Furthermore, Ireland has a naturalization process whereas the Israeli one is limited to Jews and spouses of existing citizens. Residents of the West Bank and Gaza are NOT classified as citizens of Israel. So either the West Bank and Gaza are part of Israel or they are not. If they are not, then the residents there are under occupation. If they are, then why are they not granted citizenship.
I do not think that what Israel is doing is better or worse than what other countries have done or are currently doing and should not be treated any better or worse because of it. But it would be disingenuous to spin it as anything but what it is. To me, the strategy is to occupy and take over territory over time. It works. See the history of the United States versus native people, Australians versus aborigines, Chinese versus Tibetans. Might makes right. For Americans, we still benefit greatly from what happened in the past. Its not to say that the Palestinians are blameless, just that Israel has the 'bigger gun' in this fight.
Say what you will about history, but how people are treated right now is telling.
The message is clear and simple: Don't mess with us, we will fk you over. Whether it is nice or not is a different matter.