In an interview with WorldNetDaily.com, Danny Damon, the deputy Speaker for Israel's parliment states, "We are prepared for all risks, and I think our enemies should know that even though we are speaking of peace, we are getting ready for a time of war, as well."
Damon goes on, "We are ready for all scenarios, and we are able to defend our civilian population. I cannot tell you how long we can wait more. But we prefer to wait and see if the international bodies are acting, or [whether] it will be only the burden of Israel, like it was in the early '80s, when the great leader, Menachem Begin, [made] the great decision to bomb the nuclear reactor in Iraq. I think we have to take action. It's about time to take action. It should be the international world and not only Israel. And I expect the administration in the White House to wake up as soon as possible."
Such a story comes right after the New York Times reports that the White House has assured Isreale that a nuclear threat from Iran is not imminent.
"The Obama administration, citing evidence of continued troubles inside Iran’s nuclear program, has persuaded Israel that it would take roughly a year — and perhaps longer — for Iran to complete what one senior official called a “dash” for a nuclear weapon, according to American officials.
Administration officials said they believe the assessment has dimmed the prospect that Israel would pre-emptively strike against the country’s nuclear facilities within the next year, as Israeli officials have suggested in thinly veiled threats."
This is obviously a veyr precarious situation for the West and the rest of the world. Attacking another sovereign state in light of what happened with the war in Iraq could cause internal strife and/or social disorder if indeed Iran does not have or is not close to having nuclear capabilities. This also brings up ethical questions of the rights of sovereign states. If Iran does indeed have nuclear weapons, Israel has ever right to defend themselves if indeed attacked.
On the economic front, one has to wonder why oil is not pushing over $100 a barrel with such a possible (or inevitalbe) conflict on the horizon.