When Mofaz joined the coalition I though that it was a great life saver for him; the only thing that could stop Mofaz was if he was unable to implement a new draft law.
I though that passing a draft law would have been the easiest undertaking of any politician ever, given the support of the three biggest parties, the supreme court, and a large percentage of the population.
To make it even easier, the irrational opposition from the Chredi leadership (e.g., claims that it was based on antisemitism, or that there was an unprecedented attempt to eradicate Torah from Israel) meant that their objections had lost all creibility.
But always able to grab defeat from the hands of victory, Mofaz decided to go for an "all or nothing" approach to the negotiations (negotiations with supports of universal draft, not with opponents), and as most negotiators know, if you adopt an "all or nothing" approach, you probably won't get "all".
Now the ball is in Bibi's court, if he was really smart, he should sit down quietly with Liberman and over the next 2 days hammer out the details of a draft law. Think where that would leave him:
- Mofaz and Kadima would be history - 70 days of negotiations and committees and headlines to create a universal draft bill couldn't achieve as much as 2 days of quiet backroom talks.
- Bibi would get the support of the majority of Israelis who favour a universal draft.
- The Charedi politicians would reluctantly accept the new law, which at least saved them from Plassner, which would have been worse
- Yair Lapid would have the wind taken out of his sails as he was a one-issue party and the one issue would have been taken off the national agenda
- There would be opposition to Bibi's new law from both Charedi and anti-Charedi politicians (no matter what the details of the law), which would prove that Bibi hadn't given in to extremist demands on either side.
- While the headlines are dominated by the new Bibi-Liberman bill, and the whole country is distracted (especially if there are colourful demonstrations in Kikar Shabbat and Kikar Rabin), Bibi could quietly implement whatever economic and security measures he thinks necessary, and no one would even notice.