Like Barack Obama's self deprecating routine at the Alred E. Smith Dinner, a lot of the best jokes derive from popular memes critical of him and the early gaffes in his Administration.
1) How the media all voted for Obama (except Fox)
2) Barack's dependence on the Teleprompter
3) The clumsy Air Force One photo-op
Won't give away all the jokes, but President Obama did take a dig at Rush Limbaugh
President Obama at White House Correspondents Dinner
Michael Steele is in the house tonight…or as he would say, in the hee-zee... What’s up?
Michael, where are you? [Steele stands up.] Wussup?
Michael, for the last time, the Republican Party does not qualify for a bailout. Rush Limbaugh does count as a troubled asset. Sorry.