Pinocchio, Snow White, and Superman are out for a little stroll in town one
afternoon enjoying the sunshine. As they walked, they come across a sign:

"Beauty contest for the most beautiful woman in the world."

"I am entering!" said Snow White.

After half an hour she comes out and they ask her, "Well, how'd ya do?"

"I won First Place !," said Snow White.

They continue walking and they see another 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?"

"I won First Place too," answers Superman. "Did you ever have a doubt?"

They continue walking when they see a third sign:

"Contest! Who is the greatest liar in the world?" Pinocchio quickly enters
the contest.

After half an hour he returns with tears in his eyes.

"What happened?" they asked.

"Who the hell is Obama?" asked Pinocchio.