Snow White, Superman and Pinocchio are out for a stroll in town one day.
As they walk, they come across a sign: "Beauty contest for the most beautiful woman in the world."
"I'm entering" says Snow White.
After half an hour she comes out and they ask her, "Well, how did you do?"
"First Place," says Snow White.
They continue walking and they see a sign: "Contest for the strongest man in the world."
"I'm entering," says Superman.
After half an hour he returns and they ask him, "How did you make out?"
"First Place," answers Superman. "Did you ever doubt?"
They continue walking when they see a sign: "Contest! Who is the greatest liar in the world?"
Pinocchio says "this is mine"
Half an hour later, he returns with tears in his eyes.
"What happened?" they ask.
"Who the hell is Obama?" asks Pinocchio.