That "magic wand" that will allow Bush to cut gas prices? Still hypothetical. But as President Bush explained today in a speech to Naval Academy grads, a magic missile of sorts is already a reality:
In Iraq, we used a new hellfire missile for the first time, which can take out enemy fighters hiding on one floor of a building, without destroying the floors above and below. This missile is capable of reaching around corners to strike enemy forces that hide in caves, and bunkers and hardened multi-room complexes. In the coming years, there are going to be some awfully surprised terrorists when the thermobaric hellfire comes knocking.
Don't get the wrong idea about the missile's name, though. The word "hellfire" has no particular religious connotation here. Instead, it simply evokes the image of an omniscient warhead that burns terrorists to a secular crisp. The hellfire missile has great respect for the Koran, and is programmed not to kick, punch, flush, or abuse the holy book in any manner. — GREG BEATO
President Discusses War on Terror [White House]