Olmert Says He Will Quit as Israeli Prime Minister

July 30, 2008 (Bloomberg) — Israeli Prime Minister Ehud Olmert said today he will step down “with honor” when the ruling Kadima party chooses a new chief in September, ending 2 1/2 years in power amid a corruption scandal. Full Report

This isn’t a huge surprise considering the scandals breaking around Olmert. Just how much backroom politics played in Olmert’s decision is up for debate, but we’ll be watching to see who replaces him in September (assuming he holds on to power that long). Right now, Olmert is mired in a feud with Defense Minister Ehud Barak, so it’s not likely Olmert would recommend him. However, Barak is a former PM, and he’s a hawk, which is likely to please the Bush cabal. And what might Shimon Peres have to say about it all? Let’s not forget that Bush had a big meeting with that former PM in January of this year. (How curious that the US business who claims to have corrupted Olmert with bribes came forward a few months after that meeting…) Keep an eye on this one. — PID