What does it all mean, Thers sums it up:
The obvious 2012 GOP nominee is Benjamin Netanyahu. Not giving a rat's ass about how the US economy actually works as long as the big bucks get funneled to the right people is basically a plus for the Republicans, and allowing a hard right Israeli government veto power over US foreign policy, well, why the fuck not.
The wingnut position is that greater loyalty and deference is owed to the foreign head of a client state than to the democratically elected president of the United States of America.