Comedian Stephen Colbert – well-known for his jibes at the Washington establishment in his show The Colbert Report – was the evening’s featured entertainer.

He paid a mock tribute to the president as a man who, “believes Wednesday what he believed Monday, despite what happened Tuesday”.

“I believe that the government that governs best is a government that governs least,” he told the audience, “and by these standards we have set up a fabulous government in Iraq”.

Hilarious!

BBC: ‘Double-You’ Bush delights media
Crooks & Liars has video at Colbert Does the White House Correspondents’ dinner

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