From the interview, which will air Monday, November 8, 2010 at 8 p.m. ET on "Matt Lauer Reports" in advance of the release of Bush's book "Decision Points."
MATT LAUER: About a week after the storm hit NBC aired a telethon asking for help for the victims of Katrina. We had celebrities coming in to ask for money. And I remember it vividly because I hosted it. And at one part of the evening I introduced Kanye West. Were you watching? PRESIDENT GEORGE W. BUSH: Nope.
MATT LAUER: You remember what he said?
PRESIDENT GEORGE W. BUSH: Yes, I do. He called me a racist.
MATT LAUER: Well, what he said, "George Bush doesn't care about black people."
PRESIDENT GEORGE W. BUSH: That's -- "he's a racist." And I didn't appreciate it then. I don't appreciate it now. It's one thing to say, "I don't appreciate the way he's handled his business." It's another thing to say, "This man's a racist." I resent it, it's not true, and it was one of the most disgusting moments in my Presidency.
MATT LAUER: This from the book. "Five years later I can barely write those words without feeling disgust." You go on. "I faced a lot of criticism as President. I didn't like hearing people claim that I lied about Iraq's weapons of mass destruction or cut taxes to benefit the rich. But the suggestion that I was racist because of the response to Katrina represented an all time low."
PRESIDENT GEORGE W. BUSH: Yeah. I still feel that way as you read those words. I felt 'em when I heard 'em, felt 'em when I wrote 'em and I felt 'em when I'm listening to 'em.
MATT LAUER: You say you told Laura at the time it was the worst moment of your Presidency?
PRESIDENT GEORGE W. BUSH: Yes. My record was strong I felt when it came to race relations and giving people a chance. And-- it was a disgusting moment.
Kanye West's comment -- which was made, ironically, on NBC during a telethon fundraiser for victims of Hurricane Katrina - quickly became an indelible moment of Bush's second term. And while it was obviously rare and off-putting for a rap star to insist that the president didn't care about black people, it's also somewhat unexpected that that would be Bush's personal, political nadir.
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