Pete the panther was racing a cheetah but lost. The cheetah said, "You can’t beat me, I’m a cheetah." Pete said, "Yeah, you are a cheetah cheetah."
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Explanation
Explain Bear
Listen up, smarty pants! This joke is all about a pun. See, the cheetah is sayin' it's the fastest cat, and Pete is just repeatin' "cheetah" twice like a dummy. It's funny 'cause it's so obvious and dumb, just like your questions!