No punchline. Just a little something to link to on December 31st to see how things are progressing:

US President George W. Bush on Thursday predicted that a Mideast peace treaty would be completed by the time he leaves office, but acknowledged the deadline would be difficult to meet because of Hamas's control of part of the land that would form an eventual independent Palestine. Bush said he's convinced that both Israeli and Palestinian leaders understand "the importance of democratic states living side by side" in peace, and noted that he has a one-year deadline for progress on his watch. "I'm on a timetable," he told reporters. "I've got 12 months."

Our bold prediction: no.

References:
* Bush predicts peace by end of '08 [JPost]

Previously:
* Syrian Peace Process Attracts Fools, Vultures
* Palestinians Embrace Peace By Dropping Dozens Of Rockets And Mortars On Israeli Schools And Hospitals
* Palestinians Hold Funeral For Peace Process [Video]