WATCH IT LIVE: President Obama Speaks At The United Nations - Spokane, North Idaho News & Weather KHQ.com

WATCH IT LIVE: President Obama Speaks At The United Nations

Washington (CNN) -- President Obama says critics and skeptics of a Mideast peace between Israelis and Palestinians should "consider the alternative," according to excerpts released in advance of his United Nations speech planned for Thursday.

"If an agreement is not reached, Palestinians will never know the pride and dignity that comes with their own state. Israelis will never know the certainty and security that comes with sovereign and stable neighbors who are committed to co-existence," he said. "The hard realities of demography will take hold. More blood will be shed.

"This Holy Land will remain a symbol of our differences, instead of our common humanity," he said.

According to his prepared text, Obama said although peace must be made by Israelis and Palestinians, other countries have a responsibility as well.

"Those of us who are friends of Israel must understand that true security for the Jewish state requires an independent Palestine -- one that allows the Palestinian people to live with dignity and opportunity," Obama said. "And those of us who are friends of the Palestinians must understand that the rights of the Palestinian people will be won only through peaceful means -- including genuine reconciliation with a secure Israel."

Since being elected president, Obama has worked to resolve the conflict between Israelis and Palestinians.

U.S. Secretary of State Hillary Clinton and Mideast peace envoy George Mitchell have worked to achieve peace talks aimed at resolving all core issues of the Mideast conflict within 12 months.

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