"In a speech this morning, Barack Obama said, 'This isn't about big government or small government. It's about building a smarter government.' When he heard this, President Bush said, 'I get it. I get it. I'm leaving.'" --Conan O'Brien

"Yesterday, President-elect Barack Obama announced his new economic team. You know what he should do? Hire those people who were in charge of his fundraising campaign. We can pay this thing off in like a week." --Jay Leno

"Earlier today, John McCain was in the news. John McCain gave his first press conference since the election. And he said, 'For a lot of people, Sarah Palin was an energizing factor during the campaign.' Unfortunately for McCain, those people are called Democrats." --Conan O'Brien

"Well, it doesn't look as if the U.S. automakers are going to get their bailout money. Congress said yesterday they were concerned about giving the Big Three automakers money just to keep making the same stupid mistakes. And, believe me, when it comes to making the same stupid mistakes, Congress knows what it's talking about." --Jay Leno

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Looking for holiday gift ideas? Browse through my newly updated Political Gift Guide, featuring recommended books, DVD's, collectibles, and gag gifts for political junkies and humor enthusiasts.

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You may also be interested in my dueling political humor books, which can help prepare you to deal with crazy conservative or liberal relatives this holiday season.