ABC's Charlie Gibson interviewed the soon to be President George Bush. Read the complete transcript and see the video here.
GIBSON: Do you feel in any way responsible for what's happening?
BUSH: You know, I'm the President during this period of time, but I think when the history of this period is written, people will realize a lot of the decisions that were made on Wall Street took place over a decade or so, before I arrived in President, during I arrived in President.
I'm a little upset that we didn't get the reforms to Fannie and Freddie -- on Fannie and Freddie, because I think it would have helped a lot. And when people review the history of this administration, people will say that this administration tried hard to get a regulator. And there will be a lot of analysis of why that didn't happen. I suspect people will find a lot of it didn't happen for pure political reasons.
[...]GIBSON: That's the second time I've heard you use the word "joyful" about the presidency, and that might take people by surprise. Even in really tough times?
BUSH: Oh, yes. As I said, some times are happy, some not happy. I don't want people to misconstrue. It's not -- I don't feel joyful when somebody loses their life, nor do I feel joyful from somebody loses a job. That concerns me. And the President ends up carrying a lot of people's grief in his soul during a presidency. One of the things about the presidency is you deal with a lot of tragedy -- whether it be hurricanes, or tornadoes, or fires, or death -- and you spend time being the Comforter-in-Chief. But the idea of being able to serve a nation you love is -- has been joyful. In other words, my spirits have never been down. I have been sad, but the spirits are up.
[...]GIBSON: Was the election in any way a repudiation of the Bush administration?
BUSH: I think it was a repudiation of Republicans. And I'm sure some people voted for Barack Obama because of me. I think most people voted for Barack Obama because they decided they wanted him to be in their living room for the next four years explaining policy. In other words, they made a conscious choice to put him in as President.
GIBSON: But both candidates wound up criticizing you a lot.
BUSH: Yes, well, that's what happens when you're the incumbent during a tough economic time, but --
GIBSON: Hurt?
BUSH: No, not really. You know, I've been around politics a long time. Remember, I was the guy in 2000 who campaigned for change. I campaigned for change when I ran for governor of Texas. The only time I really didn't campaign for change is when I was running for reelection.
[...]GIBSON: Do you feel the divisions are deeper, the enmities perhaps a little stronger, the language a little tougher now than it was January 20, 2001?
BUSH: Yes, I do. I do. I think -- I don't know, the close election created some pretty harsh language. But once I was President I think people decided that, well, let's try to work with him, and I said, I'd like to work with you, and we did some pretty good things. But having said that, Washington has always been politics. I mean, if you, like, for example, study the early Presidents, there's some pretty tough language when it came to Abraham Lincoln, or the relationship between George Washington and Thomas Jefferson.
So I didn't go into this naively, I knew it would be tough. But I also knew that the President has the responsibility to try to elevate the tone. And, frankly, it just didn't work, as well as I'd like to have it work.
GIBSON: I guess the bottom-line question I'm asking you is, do you feel you were in any way able to change Washington? Or do you feel --
BUSH: I think we did. I think we brought a results-oriented government, and we insisted that people focus on results, not process, and on a variety of reforms. Whether it be No Child Left Behind, or like the PEPFAR Initiative, or the Malaria Initiative, the question we always asked was, are we achieving the results?
Washington can be a very process-oriented town. The budget process -- let's just pass money because the program sounds good. We worked hard to say, is the program achieving the results? If not, let's eliminate it.
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