The key policy challenge put forth by Israeli Prime Minister Benjamin Netanyahu has been the threat of the Iranian nuclear program. Yet there is a sense of contradiction between his bold assertion of dangers that must be stopped (when in opposition) and his cautious, tentative treatment of issues once in office. This contradiction appears to mirror his performance as prime minister from 1996 to 1999. At its halfway point, the second Netanyahu premiership has been characterized by pragmatism, caution, and a general desire to preserve the status quo. This approach is, however, unlikely to prevent the emergence of a nuclear Iran, Netanyahu’s primary goal.