"Bad Lip Reading" video
Apparently these have been around for a while; I just discovered them yesterday.
I've embedded the Michele Bachmann one, but it's not really a "political" video - just nonsense words that are funny because of their lack of coherent context. They are very well done; I wonder if there are some deaf persons on the staff.
Other videos (Obama, Rick Perry, and an assortment of celebrities) are available at the Bad Lip Reading website.
