From AP: "When asked 'Can we win?' the war on terror, Bush said, 'I don’t think you can win it. But I think you can create conditions so that the — those who use terror as a tool are — less acceptable in parts of the world.'”
Update: McClellan trying to spin Bush's words: "White House spokesman Scott McClellan sought to clarify the president's remarks, telling reporters aboard Air Force one, "He was talking about winning it in the conventional sense ... about how this is a different kind of war and we face an unconventional enemy." Looks like Bush misread a talking point.