The real question at this point in the movie is how did Anakin avoid making some sort of joke about Palpatine's appearance? That sure would have lightened the mood a bit.
Transcript
Palpatine: Up until now I never believed it possible; I thought your insistence on Sith machinations to be a result of your... unusual upbringing.
Palpatine: But this assassination attempt has revealed the wisdom of your insights.
Palpatine: We must act swiftly; they will soon know their scurrilous attempt has failed.
Anakin: Leave it to me. We can wrest control of the clone army from the Jedi.
Anakin: They are like-minded, weak-willed, and completely obedient. A command with the power of the Force will dominate them.
Palpatine: But how can we prevent the Jedi retaking control?
Anakin: You know what the first command must be.
Palpatine: You can't be suggesting...
Anakin: It's the only way.
{beat}
Palpatine: Wipe them out? All of them?
Anakin: It shall be done.