For those of you unfamiliar with Mr. Bush's concept of the phezident, here's a little background information.

In January when Mr. Bush was informed by his advisors that the economy was headed into a certain recession, the president knew then and there if he didn't take corrective action quickly, he would certainly go down in history as the worst president ever.

So George decided to fast and meditate on a solution for his dilemma.  So for two whole days, he refrained from eating any Twinkies, jelly donuts or MoonPies.

Then the answer came in a hypoglycemic vision in which an organ grinder's monkey named Sid pointed to his tiny red hat and said: "The fez is the answer that you have been waiting for my son.  If you are remembered as the fezident, instead of the president, you can't go down in history as the worst president then can you?".

Of course, George being a bad speller that he is, spelled fez with a 'ph' instead of an 'f' and voila the phezident was born.

From that day forward, the Phezident decided that he, his family and staff would wear red fez hats for the duration of his phezidency in an attempt to obfuscate Mr. Bush's place in American history.

That is what the IWR Phezident Series will be all about.

Stay tuned.