It will stop having credibility as a broker. Conspiracy theorists will gleefully say AIPAC runs the White House. And the Arab league will be pissed off at Obama, and perplexed too. Obama is pissed off with Israel for foiling his freeze, and as well pissed off at the Arab league for putting him between a rock and a hard place. Abstention is the only way it can allow itself to continue being a constructive power for peace in the Middle East, while it lets out the rumour that iot will veto, just to give himself and netanyahu- some days tod think well what piece to play in this chess, Arabs and Palestinians are clearly winning. Bobby Fischer is needed here. Or a miracle. Otherwise Israel will be bullied with no end in sight until three failed states, Gazastan, Fatahstan and Hezballistan are flanking it north and south with missiles.
Death toll from car bombs in Iraq rises to 56 (AP)
from the article: Arab nations submit draft UN resolution condemning Israeli settlements