I think I read about this. Is this when he was visiting South Korea and then he went to the border to talk with the US troops stationed there and to look into North Korea. I don't remember how it went down, but I guess this happened first and then he started talking about how there's a museum over there where an axe that was used to kill a US soldier is on display.
what you don't see is the next picture in succession where Bush pulls the binoculars away and it looks like he has two black eyes!!!