Bush plans to stay in power. (pause) Just kidding.

From the transcript of yesterday's press conference:

Q: Mr. President, following up on Vladimir Putin for a moment, he said, recently, that next year, when he has to step down according to the constitution, as the president, he may become prime minister; in effect keeping power and dashing any hopes for a genuine democratic transition there.

BUSH: I've been planning that myself.
— Via The New York Times (With a major hat tip to Tim Grieve's War Room)

Ha, ha. Bush make joke. Very, very funny joke.

I'm just wondering — what exactly is the American equivalent of Prime Minister? Fox News anchor?