WOLF BLITZER: This was a very, very powerful pro-peace speech. Martin Indyk is joining us right now. He served as the United States Ambassador to Israel in the Clinton administration back in the 90s. He's now Vice President and Director of the foreign policy program at the Brookings Institution, here in Washington. He's joining us from New York.
Martin, I thought that this was one of the most important speeches an American president has ever delivered about the situation between the Israelis and the Palestinians, but give me your thoughts.