WHCA President Jennifer Loven and President Barack Obama and First Lady Michelle Obama.

President Barack Obama was certainly a hit last night, opening with a teleprompter joke and cracking himself up. Here are some highlights:

On his Secretary of State Hillary Clinton: "Arlen, you know what I always say, 'If you can't beat 'em join 'em." And he joked Clinton sent him down to Mexico just in time for swine flu- "She pulled me into a hug and gave me a big kiss and told me I should get down there."

You can also apparently look for "How to Shoot Friends and Interrogate People" by former Vice President Dick Cheney on bookshelves soon.

The best line of the night was by far: "Most of you covered me. All of you voted for me," turning to apologize to the Fox table, where Glenn Beck was reportedly pumping his fists.

First Lady Michelle Obama- in a pink sleeveless dress, of course- has "the right to bear arms," according to the President. And today's a tough day for Rahm Emanuel because "he's not used to saying the word day after mother." And apparently both the President and Rep. John Boehner (R-OH) are people of color- his words!

On RNC chairman Michael Steele- he's "in the house tonight. Or as he would say, 'In the heezy.'"

He said he's so good that he'll complete the next 100 days in 72- "and on the 72nd day, I'll rest."

"I must confess I really didn't want to be here tonight. But I had to come. That's one more problem I inherited from George Bush."

He did make a serious note about the state of journalism: "A government without newspapers, a government without a tough and vibrant media of all sorts is not an option for the United States of America."

You can watch Obama after the jump...

WHCA board member CNN's Ed Henry, NBC's Brian Williams and WHCA Treasurer Politico's Mike Allen.