Washington DC - (Ass mess): An oversight at the Federal Reserve's coin minting division has meant that over fifty thousand brand new George W Bush dollar coins have been minted in a cheap, rust-prone iron alloy and without the timeless Constitutional promise of 'In God We Truss'.
The error was spotted too late to prevent the coins from going into circulation and has caused panic trading at internet auction sites where they are being snapped up at over fifty times face value.
The cheap iron alloy has meant that the eyes of the President are the first to turn a smouldering blood-red as the metal begins to oxidise, followed by his nose.
This has made him look smashed like in the old pre-abstinence days when Laura Bush regularly had to call out the National Guard to restrain her arseholed husband from climbing over the Predator Chapel Ranch fence and break into the family home.
While some at Fort Knox are viewing the debacle as a small setback others are now less keen to proceed with his Retirement Gold Eagles which are planned for minting at the begining of 2009.
"Large consignments of iron pyrites - fools gold that is, have been spotted in the Crawford, Texas area", said a Reserve numismatologist. "It would be pretty bad if we got stung twice over by issuing yet more duds with Mr Bush's image on them."