Irony or hypocrisy

There is a fine line between an ironic comment and one that is simply hypocritical.

It was just interesting to me that here we are, you know trying to promote peace and harmony, and we're witnessing a conflict take [sic] place.

President Bush comment from the Olympics on the conflict between Russia and Georgia over South Ossetia. From another leader it comes off as sincere and a timely comment but from a leader whose country has been at war through now 3 Olympics the words are weak , even meaningless. Bush sounded sincere, does he not understand see the irony (lacking insight) or is it just words (hypocrisy).