As I read that quote, it sounds like he's implying he wants to meet with Khameini or someone else on the Council of Guardians. Because it is they who truly rule Iran, as I understand it.
It'd be so embarassing for Obama, though, were they to refuse to meet with him and refer him to their selected favorite Ahmadinejad. It'd be embarassing for us, too, so we'd better not let him become President.