The White House Correspondents Dinner is an annual event where Washington, DC reporters come together for a night of fun, joined and spoken to by the President. The event is different because the speeches are fairly humorous and poke fun at politically charged issues. A couple years ago Stephen Colbert brought down the house with a cutting performance that the establishment press disliked for being too harsh.
One of my favorite jokes from the president, one among many, was this in honor of Mother's Day, "I do have to say, though, that this is a tough holiday for Rahm Emanuel because he's not used to saying the word 'day' after 'mother.'" After the audience laughed, Obama chuckled to himself, saying, "That's true."
You can watch the whole thing on Youtube, including Wanda Sykes stand-up routine. It's worth your 16 minutes to see another side of our President.