Hi
I just got mu US Citizen ship. I am married with 2 children, my wife is also a permanent Resident.
I want to sponsor my father in law and mother in law, who are in ASYLEE status in Germany. Can I sponsor my spouse parents and what is the process.

No, your wife has to sponsor them once she becomes a citizen, you cannot sponsor parents in law.

How Do I Bring My Parents to Live in the United States? (http://www.uscis.gov/portal/site/uscis/menuitem.5af9bb95919f35e66f614176543f6d1a/?vgnextoid=81c6194d3e88d010VgnVCM10000048f3d6a1RCR D&vgnextchannel=4f719c7755cb9010VgnVCM10000045f3d6a1 RCRD)