Bush's policy, outside of Iraq, is no different from his predecessors over the last 40 years. Everyone one of them, democrat and Republican, have sought to bring both peace AND democracy to the Mid-East, and with minor exceptions, all have failed (Camp David being the exception that 'proves' the rule).
While many may call it mis-guided or futile, we saw during Clinton's administaration, that when the US did nothing, the world castigated us for not taking an active role. That is why he tried to bring Yassar and Israel closer together in his last year in office, and of course failed.
You cannot have it both ways. If you dont like the American buttinsky position, dont castigate us when we dont try. If "you must do domething since you are a super power" is your mantra, then either get in there and role up your sleeves and support the policy, or butt out.