Found this article from last year that says a lot about the difference in the what we are told in the press and what is reality. This particular article is about Foreign Minister Tzipi Livni of Israel, behind closed doors, giving voice to the fact that Israel really has nothing to fear from an Iranian nuclear bomb:
Foreign Minister Tzipi Livni said a few months ago in a series of closed discussions that in her opinion that Iranian nuclear weapons do not pose an existential threat to Israel, Haaretz magazine reveals in an article on Livni to be published tomorrow.
Livni also criticized the exaggerated use that Prime Minister Ehud Olmert is making of the issue of the Iranian bomb, claiming that he is attempting to rally the public around him by playing on its most basic fears. Last week, former Mossad chief Ephraim Halevy said similar things about Iran.