Fark is running a great Photoshop contest entitled "lolpresident". The concept is the same as the often funny, yet often annoying, internet phenomenon of lolcats (or lolwalruses, or even lolpossums) - just take a real picture of a president and add a short funny caption.

The lolpresident above was my favorite, but there's tons of other good ones as well. Link [Fark]