I can think of only one reason. It is not to defend their borders, but to control and intimidate all countries in the region. It is to flex their political muscle and demand that all countries are willing to be bullied by this particular state.
This sort of thinking may have been okay when Israel had two big bully friends to make sure they could get away with such a thing, Britain and the US. Now with the US and British economies on the skids and even the threat of an all out crash of the US dollar, I would say that such swaggering is a big mistake.
I have been saying that the US War Machine is destined to crash along with the dollar, and that means Israel will not get any more free war toys. It will be surrounded by countries that have been bombed willy-nilly, had water and land stolen, and sitting on an explosive situation in Palestine. When Big Bully buddy goes bust (US), the paradigm will shift in the Middle East in some interesting ways.
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