The government has no intention of making any peace deal and the Referendum removes the government from effectively having the power that anything it might be coaxed into signing would be endorsed by the public. Better than that, in the extremely unlikely scenario where Netanyahu were to agree to something, and the public actually voted for what they rejected in the last election, the government is off the hook for signing in the first place. It is heads the right wins, tails peace loses. Time for Israelis to start thinking about what happens next. With peace out of the question and the Settlement of Judea and Samaria unstoppable, what will Israel do with the Palestinians? This is a problem best considered before it becomes a crisis.
Netanyahu condemns West Bank arson attack, calling it 'terror' (Haaretz)
from the article: Akiva Eldar / Referendum bill uses public as peace deal rubber stamp