As told to me by an Italian...

There was a plane about to crash. On board were Barack Obama, Silvio Berlusconi, the Pope and a child. Unfortunately there were only three parachutes. Obama grabs one. "I'm the most powerful man in the world. I'm outa here" he says as he jumps out the door. Berlusconi grabs one. "I'm the most intelligent man in the world. Arrivederci" he says as he jumps. The Pope looks sadly at the child and says "I am old my child. You take the last one and live a good catholic life". "Never mind, your holiness" says the child "We are saved. Signor Berlusconi took my backpack".