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Ferrell Back as Bush

Last night on "Saturday Night Live Update Thursday" Will Ferrell joined in on the funny, returning to play President George W. Bush. Tina Fey couldn't help but make another appearance as Gov. Palin.

Ferrell referred to the 2008 election as "a very important election between two very qualified candidates; the hot lady and the Tiger Woods guy." "President Bush" was making a television appearance to endorse the McCain-Palin campaign. "Palin" walked into the oval office and said, "John McCain and I have been so busy traveling around this great country of ours ... doin' a lil' shoppin'!"

Darrell Hammond as John McCain reluctantly stopped by to hear the President's endorsement.

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