Not only has President Obama acknowledged the suffering of Palestinians and said it is intolerable, but he is the first American President to use the word "Palestine" in a speech. He has basically recognized Palestine as a nation. It is an acknowledgment by an American President that is long overdue, but I'm happy it has finally happened.
He said it like no other US President has: we must deal with the Palestinian refugees in the West Bank, Gaza, and surrounding nations. He said what needed to be said long ago by other Presidents. Thank you, President Obama! Finally America is getting serious about peace in Palestine. This was another historic speech by Barack Obama.
I'm also glad he attacked Holocaust deniers and people who (still!) believe that 9/11 was not committed by Arab extremists.