To address the original question, I think Kerry was stronger on national policy and that Bush did indeed win on his foriegn policy, specifically the war on terror, including Iraq.
In in a sense he is very right; if the majority of those voting did not like his overall policies (with what I believe is a heavy weighting of the terror/war issue), then Kerry would have won.
As to not being accountable, I don't know how it was said or what context, but Bush knows damn well that presidents are accountable; he only has to look back at Clinton's impeachment. (Or would that mean that presidents aren't accountable?)
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"Of all tyrannies, a tyranny exercised for the good of its victims may be the most oppressive. It may be better to live under robber barons than under omnipotent moral busybodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end, for they do so with the approval of their own conscience." – C. S. Lewis
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