The exit polls show Tzipi Livni and the Kadima party slightly ahead of the Netanyahu and the Likud, but the right-wing nationalist block with a small majority. The Green Movement-Meimad did not achieve the two percent threshold.
So was my vote wasted?
There are two possible answers. Had the Green Movement-Meimad’s votes gone to Livni directly, she’d be in a stronger position, with a clearer lead over the Likud. And had they gone to Labor or Meretz, the left-wing block just might barely have tied the right wing block, meaning that Netanyahu could not form a government of the right alone. (Probably not, but maybe just.) From this point of view, my vote was wasted and in fact gave Bibi a boost into power.
On the other hand, even if such a tie between right and left had been achieved, the only government that Livni could form would be one much like the one she might just be able to form with the current results. That means a government that will be dependent on the support of at least two of the right wing and/or ultra-religious parties. And that means a government that would be unable to pursue the peace process or make significant progress on the other pressing issues facing the country. In that case, the votes cast for the Green Movement-Meimad would not have made much difference anyway.