Watch the latest spoof videos lampooning the presidential candidates and catch up on recent classics, including Paris Hilton's campaign video, "Barack Roll," JibJab's "Time for Some Campaignin'," "John McCain's C-Word Moment," and more.

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"Democrats are furious, they're going on record now saying John Edwards will not be allowed to speak at the convention because of this affair. Yeah, instead speaking in his place: Bill Clinton. You have to put your foot down." --Jay Leno

"According to rumors, John McCain and Barack Obama are trying to get Angelina Jolie's endorsement for the campaign, and John Edwards is just trying to get her number." --Craig Ferguson

"President Bush is going to make history. He will become the first sitting U.S. president to attend the Olympics in a foreign country. He said he's been looking forward to it, ever since he heard that in China, people are not allowed to make fun of political leaders" --Jimmy Kimmel

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President Bush was once again in fine photographic form while attending the Beijing Olympics. First, while rooting for Team U.S.A. in the swimming arena, Bush proudly displayed an American flag the wrong way. As Keith Olbermann quipped, "It is the best summary of his presidency, which is: everything looks perfect from his point of view."

Later, while visiting the beach volleyball venue, things got a little weird during a photo op with defending gold medalists Misty May-Treanor and Kerri Walsh.

The bikini-clad May-Treanor turned her back to Bush, bent over, and invited him to give her a good-luck slap on butt, saying, "Mr. President. Want to?"

Bush obliged by brushing the back of his hand against the small of her back. (Watch video clip)

"Perhaps the finest decision of his entire presidency," Jon Stewart noted.

Guess that's why they call it executive privilege. At least he didn't give her an uninvited neck massage.

See more funny Bush pictures.

This Just In:

• The Internet phenomenon known as "Rickrolling" has now given rise to "Barackrolling." Catch the sensation.

• Viral video: Baracky takes on Clubber McCain with the help of Apollo Clinton in "Baracky II," a parody of "Rocky II"

• Is John McCain a Wikipdiot? The GOP presidential hopeful apparently has been lifting his foreign policy statements about Georgia from Wikipedia. As Stephen Colbert quipped, "I think it should have been obvious when he referred to the country's leader as 'President 404 Error: File Not Found.'"

• Obama and McCain are both vying for the endorsement of Angelina Jolie

• Cast your vote for your favorite Peanuts character at Peanuts Rocks the Vote, plus check out classic Peanuts election strips

• There's a wickedly funny new parody site on the block, NotTheLATimes.com, a send-up of current events, politics, pop culture, advertising, and the L.A. Times.

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