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Source: http://blogs.suntimes.com/sweet/2011/05/obama_at_aipac_clarifies_israe.html
Obama Clarifies '67 Lines Remarks
(Chicago Sun-Times) President Barack Obama told the AIPAC Policy Conference on Sunday: "Let me reaffirm what '1967 lines with mutually agreed swaps' means. By definition, it means that the parties themselves - Israelis and Palestinians - will negotiate a border that is different than the one that existed on June 4, 1967. It is a well known formula to all who have worked on this issue for a generation. It allows the parties themselves to account for the changes that have taken place over the last 44 years, including the new demographic realities on the ground and the needs of both sides. The ultimate goal is two states for two peoples. Israel as a Jewish state and the homeland for the Jewish people, and the state of Palestine as the homeland for the Palestinian people; each state enjoying self-determination, mutual recognition, and peace."