That's what it looks like to many Lebanese:
There is no Syrian-Israeli axis, not in the real world. But from a practical Lebanese point of view that doesn't make any difference. While most Lebanese want regime-change or at least regime-punishment in Syria, the Israeli government openly, categorically, opposes any such thing. The Israelis dread the idea of post-Baathist Syria, and they therefore swear they will do nothing whatsoever to weaken or punish Assad. They want to negotiate with him and preserve his regime.
This is horrifically offensive in Lebanon, especially after the Israelis bombed Lebanon and left Syria alone last July.
Michael Totten elaborates here.