No, you got it wrong. Obama is saying as he has before that the Palestinians have a right to have their country and the starting point is the 1967 borders with land swaps. He is not dictating any terms. They are to be negotiated. Israel can make its own deal. He knows as does Netanyahu that there will be no closure because there won't be recongnition and a peace agreement will be very hard. Obama believes that but he won't say anything but Peace is hard. However, both he and Netanyahu know that his warm embrace of Israel and his non embrace of the Palestinians and the UN gets him off the hook with American Jews and evangelicals; and he has an election to worry about.
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U.S.: Russia violated Turkish airspace despite warnings, but dialogue needed (Reuters)
from the article: Netanyahu to Obama: Palestinian UN bid will not succeed