There are no doubt occupational and financial reasons for many second passports, and fair enough. Of the others, is it a fear of the "dastardly Arabs", or a fear of the extreme religious right in Israel? I have no idea, and do not live there, but could not happily live in a place with such ingrained racism parading under a quasi religious guise.
Turkish prime minister to form interim government with at least 2 Kurdish ministers (AP)
from the article: Fear is driving Israelis to obtain foreign passports