Netanyahu: U.S. Will Stop Bid for Palestinian State

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Israeli Prime Minister Benjamin Netanyahu delivers a speech during the Graduation Ceremony for Naval Academy cadets in Naval Base in Haifa, north of Israel on September 7, 2011.

He says he's not worried because the U.S. will come to the rescue. Israeli Prime Minister Benjamin Netanyahu predicted Sunday that the Palestinians' bid for full United Nations membership will fail, as expected, because the U.S. will veto the proposal. Netanyahu said in his weekly cabinet meeting that Palestinian President Mahmoud Abbas's decision to seek statehood through the U.N. Security Council bypasses negotiations with Israel, and put the blame for stalling peace talks squarely on the Palestinians. The Palestinians say they are not convinced of his commitment to peace.