That is the question of the day.
Haaretz news ticker update (for those of us who are just getting up and don't know what's happening:)
15:18 Peretz: We have no intention of allowing current situation to continue (Haaretz)
15:17 Haifa distillation plants have reduced petrol stocks in light of rocket threat (Haaretz)
14:59 Lebanon: Israel demands via Italy that Hezbollah return soldiers, pull back (Reuters)
14:58 Veterinary Service: Owners should watch pets for stress after rocket attacks (Haaretz)
14:55 Saudi Arabia donates $50 million to Lebanon (AP)
14:54 Lebanon`s government: Italy relayed Israeli conditions to stop military offensive (AP)
14:42 Militants in Gaza vow more rocket strikes to show solidarity with Hezbollah (AP)
14:34 Haifa mayor warns against holding large gatherings, cancels cultural events (AP)
14:13 Katyusha rockets fired at Nahariya, Shavei Zion (Channel 10)
14:00 Interior Minister: Only surprise is Israel`s, not Hezbollah`s harsh response (Channel 10)
13:55 Alert siren sounded in Haifa (Channel 10)
13:48 Palestinians: IDF shell hits car north of Gaza city wounding three people (AP)
13:46 IDF deploys Patriot missile batteries near Safed (Channel 10)
13:25 Remains of three missing Navy soldiers found on ship, sent for autopsy (Haaretz)
13:17 Mofaz: Missile that hit railway depot manufactured with Syrian technology (Ch. 10)
13:17 Pope Benedict condemns `terrorist attacks and reprisals` in Lebanon, Israel (Reuters)
13:11 IAF destroys tunnel dug by Palestinians underneath Gaza border fence (Itim)
12:59 Veterinary services offer food, shelter to abandoned pets in Nahariya (Itim)
12:56 In wake of rocket strike on city, authorities close Haifa port (Haaretz)
12:30 Leader of Druze in Lebanon: Israel`s war is with Iran, not Lebanon (Channel 10)
12:29 IDF tells residents of south Lebanese town of Nabatiya to leave their homes (Ch. 10)
12:07 Condoleezza Rice: Immediate cease-fire in Lebanon would not resolve crisis (Reuters)
12:02 Syria promises `firm and unlimited response` to any possible Israeli attack (AP)
11:58 Immigrant Absorption Ministry published hotline for inquiries: 1255081010 (Itim)
11:56 Iran denies having any soldiers in Lebanon, shipping missiles to Hezbollah (AP)
11:53 IDF tells Israelis from Tel Aviv northward to raise awareness (Haaretz)
11:40 Iran warns Israel of `unimaginable losses` if Syria is hit (AFP)
11:29 Russian FM: Fighting between Israel and Hezbollah could ignite wider conflict (AP)
11:18 Qassam rocket lands in western Negev town of Sderot; no injuries (Israel Radio)
11:18 Katyusha rockets hit Kiryat Motzkin, Kiryat Haim; no injuries reported (Haaretz)
11:17 Katyusha rockets hit Haifa port (Haaretz)
11:16 Hezbollah`s Al-Manar television station resumes low-quality broadcasts (Haaretz)
11:14 Siren sounds in Haifa, citizens told to enter bomb shelters (Haaretz)
11:09 Hezbollah`s Al-Manar television station stops broadcasting (Haaretz)
11:06 More Katyushas hit Haifa, communities in north; IDF artillery shells Lebanon (Haaretz)
11:04 Maj. Gen. Udi Adam: IDF warns south Lebanese of imminent IAF raids (Haaretz)
10:52 PM Olmert: We embrace the families of abducted soldiers and casualties (Haaretz)
10:47 Death toll in Katyusha barrage on Haifa rises to nine (Haaretz)
10:41 Olmert: Rocket attacks will have `far reaching` consequences for Lebanon (Reuters)
10:36 Hezbollah says it intentionally avoided hitting petrochemical installations in Haifa (AP)
10:26 Olmert: We have no intention to bow down before our enemies (Channel 10)
10:22 Hezbollah: If IAF continues Beirut strikes, we`ll hit petrochemical plants (Israel Radio)