Sure, this may be bluster in part, but it does demonstrate the damage Obama did by adopting the Palestinian position that a peace agreement must be based on the pre-1967 border plus land swaps.
As reported by The Jerusalem Post:
Chief Palestinian negotiator Saeb Erekat said that the Palestinians were ready to restart peace negotiations if based around the principles US President Barack Obama laid out in his State Department dress on the Middle East, the Washington Post reported Tuesday.
According to the report, Erekat, who met Monday with Secretary of State Hillary Rodham Clinton and other senior White House officials, said that if Prime Minister Binyamin Netanyahu accepted Obama’s platform of a return to pre-1967 lines with mutually agreed swaps, then he would have a partner for negotiations.
Remember, the Obama formula was the previous Palestinian formula, and the prior U.S. position was that negotiations between the parties had to resolve differences.
So the new Palestinian position post-Obama Middle East II speech is that Israel has to accept the Palestinian position for talks even to start. Nice job.