Obama Out: President Wraps up Run as Comedian-in-Chief

WASHINGTON (AP) — President Barack Obama performed his brand of sharp-tongued comedy at the White House Correspondents' Dinner for the last time — wrapping up with "Obama out" and dropping the mic while the crowd cheered.

Obama's performance Saturday night proved he hasn't lost a step.

"If this material works well, I'm going to use it at Goldman Sachs next year," Obama quipped. "Earn me some serious Tubmans."

Obama drew plenty of laughs with his barbed remarks to a ballroom filled with journalists, politicians, and movie and television stars. It was his eighth appearance at the event and his last as president and he kidded about the pains of being a lame duck.

"Last week Prince George showed up to our meeting in his bathrobe," Obama cracked. "That was a slap in the face."

The president waxed nostalgic at times. "Eight years ago I said it was time to change the tone of our politics. In hindsight, I clearly should have been more specific."

And he acknowledged that the years had taken their toll. "I'm gray, grizzled ... counting down the days to my death panel."

On the other hand, he pointed out that his approval ratings are up. "The last time I was this high," he said, "I was trying to decide on my major." When he said he couldn't explain the rise in his popularity, two photographs of scowling presidential candidates appeared on ballroom screens: Donald Trump and Ted Cruz.

Obama took a few more swipes at the presidential race, noting that "next year at this time someone else will be standing here in this very spot, and it's anyone's guess who she will be."

After calling presidential candidate Bernie Sanders the bright new face of the Democratic Party, Obama contrasted the slogan "Feel the Bern" with one he said was rival Hillary Clinton's: "Trudge Up the Hill."

Republicans took most of Obama's humorous broadsides. "Guests were asked to check whether they wanted steak or fish," he told the diners, "and instead a whole bunch of you wrote in Paul Ryan."

Obama said of the billionaire businessman and real estate mogul leading the GOP race: "He has spent years meeting with leaders from around the world — Miss Sweden, Miss Argentina, Miss Azerbaijan."

He added: "And there's one area where Donald's experience could be invaluable, and that's closing Guantanamo — because Trump knows a thing or two about running waterfront properties into the ground."

Turning serious, the president thanked the White House press corps and praised a free press.

Obama took a few hits, too. Preceding his remarks was a tongue-in-cheek video tribute to his seven-plus years in office that contained highlights of his verbal gaffes — his reference to "57 states" and misspelling 'rspect" among them — as well as light-hearted moments.

Comedian Larry Wilmore, the evening's professional entertainment, began by saying, "It's not easy to follow the president." Then he proved his point, offering a series of jokes about the president, different media organizations and various presidential candidates that often were racially tinged and drew a mixture of laughter and groans.

"Welcome to Negro night," Wilmore said, and added that Fox News had reported that "two thugs" disrupted an elegant dinner, also mixing in critiques of CNN's viewership and MSNBC's firing of black anchors.

Wilmore said the president is showing signs that his time in office has been hard on him. "You came in here looking like Denzel, now you're going out looking like Grady from 'Sanford and Son.'"

As usual the Washington Hilton ballroom was a celebrity-spotters dream. Democratic presidential candidate Bernie Sanders joined Vice President Joe Biden, Secretary of State John Kerry and other government officials taking a seat. Also on hand were Republican Party Chairman Reince Priebus, former House Speaker Newt Gingrich and former New York Mayor Michael Bloomberg.

Trump, a regular in recent years, was absent this time, but a son and daughter-in-law, Donald Jr. and Vanessa Trump, were spotted on the red carpet.

Among the film and television performers at the event were Oscar winners Helen Mirren and Jared Leto, "Breaking Bad" actor Bryan Cranston, "Independence Day" stars Will Smith and Jeff Goldblum, actress Rachel McAdams, and "Night Manager" miniseries star Tom Hiddleston.

Proceeds from the dinner go toward journalism scholarships and reporting awards. This year's winners:

— Carol Lee of the Wall Street Journal, winner of the Aldo Beckman Memorial Award for excellence in White House coverage.

— Matt Viser of the Boston Globe, winner of the Merriman Smith Award for outstanding White House coverage under deadline pressure.

— Norah O'Donnell of CBS News, winner of the Merriman Smith Award for broadcast journalism.

— Terrence McCoy of The Washington Post and Neela Banerjee, John Cushman Jr., David Hasemyer and Lisa Song of InsideClimate, winners of the Edgar A. Poe award, which recognizes excellence in coverage of events or investigative topics of regional or national interest.