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Highlight of the president's monologue includes a fake Super PAC ad about dog freedoms

Jimmy Kimmel says there is a term for the president and it isn't "two terms"

The humor at the 98th annual White House Correspondents' Association Dinner went to the dogs.

President Barack Obama poked fun Saturday at everything, from the Secret Service scandal to the lavish spending by the Government Services Administration, to the upcoming general election.

However, it was a spoof about Mitt Romney and his dog Seamus that highlighted the president's monologue.

The joke recalled a political ad released by the Newt Gingrich campaign that took aim at Romney for admitting he once put his family dog in a cage and perched it on the top of his car.

"I know everybody is predicting a nastyelection, and thankfully, we've all agreed that families are off-limits," the president said. "Dogs, however, are apparently fair game."

The president's punch line: An ad by a phony Super PAC that featured Romney on Air Force One with a dog cage on top of the aircraft and promoted dog freedoms, while warning of Obama's policy of dog socialism.

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"Under his leadership, man's best friend has been forced into automobiles. Imagine the European-style socialism that he has planned for the next four years," the spoof ad said.

The president even poked fun at himself over recent criticism by the Romney campaign about revelations in his book, "Dreams From My Father," where he revealed he was fed dog meat as a boy