It's not even top-5 for most insane ideas today:

Amid Israeli security concerns and in an apparent effort by US President George W. Bush to go to Riyadh next week bearing gifts, the Bush administration has moved up by a day the date on which it will formally notify Congress of plans for a $20 billion arms deal with Saudi Arabia, The Jerusalem Post has learned. Although the administration had originally planned to inform Congress of the deal on January 15, it will now do so on January 14. Bush, according to officials familiar with the issue, will be in Saudi Arabia on the 15th and wants to be able to tell the Saudis he is pushing the issue and working for its passage. After receiving formal notification of the proposed arms deal, including details of what the package includes, Congress will have 30 days to disapprove. If it does not do so, the plan will go through. Israel has expressed concern over inclusion in the deal of Joint Direct Attack Munitions (JDAMS), commonly referred to as "smart bombs." Nevertheless, it has not actively fought the sale.

Eh. What's the worst thing that can happen? It's not like any Western-backed Arab state has ever crossed multiple borders to wipe out the Jewish state. Or been taken over by Islamic radicals and then undertaken a multi-decade campaign to wipe out the Jewish state.

And it's not like Saudi Arabia - a Muslim theocracy in which women have no rights, homosexuality is illegal, and Bibles are banned - threatened Israel with war last March if Israel didn't de facto give up its identity as a Jewish State.

This is awesome though: Bush greets Israelis with "maybe your country shouldn't exist" and he greets the Saudis with cutting edge weapons. Because the Saudis have been such great allies over the last decade or so.

References:
* Bush expedites Saudi smart bomb deal [JPost]
* US Ally Saudi Arabia Threatens Israel With Destruction If Israel Doesn't Agree To Commit Suicide [MR]
* Bush: Let's Put The Palestinian Right Of Return On The Table [MR]

Previously:
* Saudi Arabia At Annapolis: Israel Has No Right To Exist (Plus: By A Strange Coincidence, Their Conditions For A Peace Deal Would Require Destruction Of Israel)
* Hey Gals, Check This Out - You're Too Dirty To Walk On Saudi Arabia's Sidewalks
* Saudi Arabia Identifies True Cause of US-Saudi Tension - Jews