Mitt Romney delivered a great series of jokes at the Al Smith dinner this evening in New York City.

Both Romney and President Obama attend the 67th annual Alfred E. Smith Memorial Foundation Dinner, a charity gala organized by the Archdiocese of New York. The speeches traditionally feature political humor, as both candidates are invited during an election year.

Transcript below:

ROMNEY: Thank you so much. Your eminence, Cardinal Dolan, Mr. President, Governor Cuomo, Mayor Bloomberg, Senator Schumer, Al and Ann Smith, thank you for your invitation. Thank you for your extraordinarily warm welcome. Ann and I appreciate your friendship very, very much. Thank you.

(APPLAUSE)

Now Al, you were right, a campaign can require a lot of wardrobe changes. We -- blue jeans in the morning perhaps, suits for a lunch fundraiser, sport coat for dinner, but it's nice to finally relax and to wear what Ann and I wear around the house.



I'm glad to be able to join in this memorable tradition. And of course I'm pleased that the president is here. We were chatting pleasantly this evening as if Tuesday night never happened.



And I credit that, of course to the cardinal. He is -- it's taken New York's highest spiritual authority to get us back on our best behavior.

I was actually hoping the president would bring Joe Biden along this evening, because he'll laugh at anything.

Of course this isn't a night for serious politics, and it was especially nice to see President Obama and Cardinal Dolan sharing the dais despite their differences. I'm sure the cardinal has no hard feelings, and we might get an indication of that during dinner to see if the president's wine turns into water.

Or for that matter, whether my water turns into wine.

I'm pleased to once again have the chance to see Governor Cuomo who's already being talked about for higher office. A very impressive fellow, but he may be getting a little ahead of himself. I mean, let me get this straight, the man has put in one term as a governor. He has a father who happened to be a governor, and he thinks that's enough to run for president.

Of course we're down to the final months of the president's term, as presidents...

...as President Obama surveys the Waldorf banquet room with everyone in white tie and refinery, you have to wonder what he's thinking. So little time, so much to redistribute.

And don't be surprised if the president mentions this evening the monthly jobs report where there was a slight improvement in the numbers. He knows how to seize the moment, this president. And already has a compelling new campaign slogan, "You're better off now than you were four weeks ago."

You know, with or without all the dignitaries that are here, the Al Smith dinner surely lives up to its billing. Usually when I get invited to gatherings like this, it's just to be the designated driver.

Your kind hospitality here tonight gives me a chance to convey my deep and long held respect for the Catholic church. I have special admiration for the Apostle St. Peter, to whom it is said, "Upon this rock, I will build my church." The story is all the more inspiring when you consider that he had so many skeptics and scoffers at the time who were heard to say, "If you've got a church, you didn't build that."

Of course only 19 days to go until the finish line, a campaign full of surprises. The debates are very exciting. Just the other night we had a very fun debate. Candy Crowley was there, and was happy to welcome us, but people seem to be very curious just as to how we prepare for the debates. Let me tell you what I do. First, refrain from alcohol for 65 years before the debate.

Second, find the biggest available straw man and then just mercilessly attack it.

Big Bird didn't even see it coming.

And by the way in -- in the spirit of Sesame Street, the president's remarks tonight are brought to you but the letter 'O' and the number $16 trillion.

Campaigns can be grueling, exhausting. President Obama and are each very lucky to have one person who is always in our corner, someone who we can lean on, and someone who is a comforting presence. Without whom, we wouldn't be able to go another day. I have my beautiful wife Ann, he has Bill Clinton.

We got a big dose of the Biden charm last week, I tell you that, in his debate with Paul Ryan. I'm not sure that all that carrying on had quite the effect that Joe intended. Because afterwards I heard from the Federal Election Commission, from now on whenever he appears on TV there's a recording of me afterwards that says, "I'm Mitt Romney, and I approved this message."

Of course rules of fairness have to be enforced, because what other safeguard do we have, besides the press?

And...

(APPLAUSE)

...now I never suggest that the -- that the press is biased. I recognize that they have their job to do, and I have my job to do. My job is to lay out a positive vision for the future of the country, and their job is to make sure no one else finds out about it.

Let's just say that some in the media have a certain way of -- of looking at things. When suddenly I -- I pulled ahead in some of the major polls, what was the headline? "Polls Show Obama Leading from Behind."

And I've already seen early reports from tonight's dinner, headline; "Obama Embraced by Catholics. Romney Dines with Rich People."

Of course the president has put his own stamp on relations with the church. There have been some awkward moments. Like when the president pulled Pope Benedict aside to share some advice on how to deal with his critics. He said, "Look Holy Father, whatever the problem is, just blame it on Pope John Paul II."

Of course the president has found a way to take the sting out of the Obamacare mandates for the church. From now on, they're going to be in Latin.

We have very fundamental and sound principles that guide both the president and me. He -- he and I, of course, both feel the pressures and tensions of a -- of a close contest. It would be easy to let a healthy competition give way to the person on the penny, but fortunately we don't carry the burden of -- of disliking one another.

Our president has had some very fine and gracious moments. Don't tell anyone I said so, but our 44th president has many gifts and a beautiful family that would make any man proud.

You can oppose...

In our country, you can oppose someone in politics and make a confident case against their policies without any ill will and that's how it is for me. There's more to life than politics.

At the Al Smith Foundation and the Archdiocese of New York, you show this in the work you do, in causes that run deeper than allegiance to party or to any contest at the moment. No matter which way the political winds are blowing, what work goes on, day in day out by this organization and you. You answer with calm and willing hearts and service to the poor and care for the sick, in defense and the rights of conscience and in solidarity with the innocent child waiting to be born. You strive to bring God's love and every -- in every life.

I -- I don't presume to have all your support and on a night like this, I'm certainly not going ask for it, but you can be certain that in the great causes of compassion that you come together to embrace that I stand proudly with you as an ally and friend.

God bless you all and God bless the United States of America.

Thank you.