According to Obama, if the US can "solve" the Israeli-Palestinian conflict, "then that will make it easier for Arab states and the Gulf States to support us when it comes to issues like Iraq and Afghanistan.
"It will also weaken Iran, which has been using Hamas and Hizbullah as a way to stir up mischief in the region," he said, "if we've gotten an Israeli-Palestinian peace deal, maybe at the same time peeling Syria out of the Iranian orbit, that makes it easier to isolate Iran so that they have a tougher time developing a nuclear weapon."
So, given that Iran is possibly a year or so away from a nuclear weapon (maybe a few more if Barack's working from the NIE), Obama seems to think he can convince the so-called Palestinians to accept a peace deal, end decades long terrorist aggression against Israel, convince Hamas to abandon their quest to destroy Israel entirely, similarly convince Hezbollah to turn to peace (even though they aren't motivated by the Palestinian issue), miraculously end Syrian-Iranian ties, gain Arab/Islamic acceptance for the conflicts in Iraq and Afghanistan and, to cap it all off, stop that pesky nuclear program in Iran.
All of that before Iran develops a nuke?
I'm hoping this is more of his "inartful" and "over-heated" rhetoric because it would be really scary if he actually believed he was capable of doing all of this.