“We all deeply regret the tragic suffering of the Armenian people that began in 1915,” Mr. Bush said in a brief statement from the White House. “But this resolution is not the right response to these historic mass killings, and its passage would do great harm to relations with a key ally in NATO and to the war on terror.”

http://www.nytimes.com/2007/10/10/wa...syahoo&emc=rss

You can't fault Bush for securing US interests. Just it would be nice if once US interests and World interests coincided.