A moratorium for military action but not for settlements

".... A US diplomatic cable in 2005 released by WikiLeaks quoted an Israeli government official as warning US officials to take Israeli time-lines on Iranian capabilities with a pinch of salt. The cable quotes a senior Israeli foreign ministry official as noting wryly that his government, in 1993, had "predicted that Iran would possess an atomic bomb by 1998 at the latest".
A second cable covering a 2009 meeting in which an Israeli general warns that Iran will be able to build its first weapon by 2012, a US official observes: "It is unclear if the Israelis firmly believe this or are using worst-case estimates to raise greater urgency from the United States."
The assessments offered by Israeli leaders to American officials over the past two decades have certainly been heavy on unfounded alarmism.....Washington remains unlikely to launch an unprovoked attack on Iran over its nuclear programme. The US defence secretary Robert Gates has long argued that the potentially catastrophic risks of such action outweigh the gains, which are temporary at best. Therein lies the problem: Israel's voters have been told, to quote Mr Netanyahu in 2006, that "it's 1938 and Iran is Germany". So they'll expect their leaders to act if Washington doesn't. After all, the very idea of Israel is that Jews can't depend on others to save them from annihilation, so if its citizens believe that Iran is a reincarnation of Auschwitz, they will demand action.
Alarmist Israeli rhetoric may be designed to press Washington, but it potentially paints Israel's own leaders into a corner. They, too, know that Iran is not the threat painted in the more apocalyptic rhetoric. A little over a year ago, Mr Barak said publicly that "Iran does not constitute an existential threat against Israel," adding that "Israel is strong, I don't see anyone who could pose an existential threat."
Then again, Mr Barak had made clear to Goldberg that he believed that the greatest danger was that alarm at the idea of an Iranian nuclear weapon would prompt Israel's best and brightest to emigrate. If Israeli voters believe, as Goldberg suggests, that a "point of no return" was passed with the New Year and there are no air strikes in the spring, they may begin to doubt their government's ability to protect them...."