Mitt Romney told an Iowa crowd this weekend that candidates shouldn't tell jokes, "but I'm not running for office, so I can tell one."
His subject: President Obama.
The loser of the 2012 presidential election, stumping for Iowa Senate candidate Joni Ernst, told a long story that involved Obama, golfer Phil Mickelson, tennis star Andre Agassi and a bank.
Here is Romney's joke in full, courtesy of National Journal:
"President Obama went to the bank to cash a check and he didn't have his ID. And the teller said you've got to prove who you are.
"He said, 'How should I do that?' She said the other day Phil Mickelson came in, he didn't have his ID but he set up a little cup on the ground, took a golf ball, putted it right into that cup so they knew it was Phil Mickelson. They cashed his check.
"And then Andre Agassi came in. And Andre Agassi didn't have his ID either. He put a little target on the wall, took a tennis ball and racquet - hit it onto that target time. We knew that was Andre Agassi so we cashed his check.
"And she said to him, 'Is there anything you can do to prove who you are?' And [Obama] said, 'I don't have a clue.'
"And she said, 'Well, Mr. President, do you want your money in small bills or large bills?'"