Bugs aficionados will remember the closing few seconds, unfortunately omitted from the clip. As Sam falls, Bugs races to the bottom of the valley and throws a mattress on the ground, supposedly to break the fall for poor Sam. Bugs then says, "You know, sometimes my conscience kinda bothers me...but not this time!" as he pulls the mattress out of the way and allows Sam to crash into the ground.
Pretty sure that's how Obama feels right about now.