Posted on 07/23/2010 9:47:08 AM PDT by LottieDah
President Obama says daughters Malia and Sasha may be looking for babysitting jobs to supplement their allowances.
He made the remark during an interview with ABC News about the consumer benefits in the financial overhaul bill he signed on Thursday. In the interview, broadcast on Friday, the president was asked what he and wife Michelle are teaching their daughters, who are 12 and 9, about money.
"You know, it's a great question. What I'm doing now . . . is they're getting an allowance. They're starting to get old enough where they may be able earn some money babysitting. They've got their own savings accounts," Obama said, adding, "What I'm trying to explain to them are basic concepts about savings, about interest. If they keep a hundred dollars in their bank account at 2 or 3 percent interest for six months, this is how much money they're going to have at the end of it."
(Excerpt) Read more at politicsdaily.com ...
The way he throws money around?
ROFL . . . this guy’s a real trip sometimes
It might work - babysitters who come with armed guards of their own could be very in demand!!
At the cost of thousands of taxpayer dollars for the Secret Service that accompanies them.
2 or 3 % interest earned in a bank????
Oh, someone is quite out of touch.
Try .01% if you keep a minimum balance.
And the pigeon-brained press just perk up and coo for more. Whatever Hussein tells them; they just swallow it whole.

good deal for the parents. Comes with armed guards.
There’s a House full of babies that might be interesting if they were hired as babysitters for... we call it Congress.
Poor Crying Nancy needs someone to comfort her from the Terrifying Tea Party, and Frank, Dodd, and Reid all need their diapers changed.
So I am to understand that a 9 year old is qualified to babysit? Why is it that I hire babysitters for my 9 year old? Mr. Skittles is a little touched, wouldn’t you say?
Sounds like something you’d find on the flap of a summer novel. The President’s daughters go babysitting, the SS has to tag along, some terrorists show up, hostages, intrigue, where are the parents?...
Anybody want to write it? I’m kinda busy right now. :)
2%-3% for 6 months with 100???????????????????????????????????
This is a real gaffe and far worse than the manufactured one used against Bush I concerning the supermarket checkout.
Every senior I know would love to find a 2%-3& return for 6 months with a minimum deposit.
Yep, lots of people in Congress getting “wee’ed up”.
I suggest Malia and Sasha stay unemployed like the rest of the country!
It's great to see someone getting off the dole.
"How did you get so wonderful, Mr. President? Are viewers are dying to know!"
Malia and Sasha could do his job better than he can.
Never mind
you mean undocumented, unlicensed, careers in childcare.
If prostitution is illegal because the income is not taxed, why do minors get to work their neighborhoods providing lawn care and child care “for cash”?
From all of the pictures of Michelle walking Bo, they kids aren’t even taking care of the dog they begged Big Daddy for.
Hey, maybe the First National Bank of Obama is handing out 6 month CD’s at 3% for $100 minimum investment. Where do I make my deposit?
I was thinking the same thing! My sisters and I were allowed to start babysitting at 12, however, we took all the Red Cross courses about babies, CPR, everything, and had excellent references (I had a sister who was born when I was 12 and I took care of her a lot) to start with.
The way MO and BO are, I wouldn't even trust the 12 year old daughter with my children (if I had any).
What a tool. According to him, babies are “punishments”. Why would his pwecious daughters be exposed to something so reviled (by him)?
He sounds like such an idiot whenever he’s trying to explain something. And patronizing and wrong on top of it.
Sure they will. They are going to be throughly trained for what the left wants. Won’t have time for babysitting.
Why? Their father never had a job. My guess is they’re going to grow up to be feeders, too. (The acorn doesn’t fall far from the tree.)
And they’ll be able to buy $600 shoes?? And caviar and lobster and maybe even ice cream.
What propaganda they want us to believe - Missy’s $500 sneakers kids. Their parents can’t teach them work ethics - that’s for sure.
Instead they will eat me out of house and home and leave my baby in her wet diaper. The ‘present’ dad taught them - all you have to do is show up - then demand and take and then go play.
HOw can they hold down a job? The first family spends most of its time on vacation.
Let’s see . . . they can make $2 or $3 an hour babysitting, and it will only cost the American taxpayer a few thousand an hour for their Secret Service detail and transportation.
Brilliant. Sounds like Liberal Economics to me. Paying 1000 X more to “create” a job than the job actually pays.
No, viewers aren't.
Clueless...what bank pays 2-3% interest on savings?
uuuuuhhhhh
And who wants a 9 yr old babysitting? That kid has never even been photographed touching the dog.
This little pile of crap is on the same level as the White House garden media events where the garden is created and tended at taxpayer expense to make first idiots look good as portrayed by their propaganda media. The idea of 9-year olds babysitting is forbidden in some states. More wasting of our tax dollars, like the garden, all of the “vacation” trips. More vacations in one and a half years than Bush took in two terms.
hahahah! excellent!
He keeps throwing his girls into the media limelight to prove he’s a regular guy. It’s a transparent and pathetic gesture, and makes his girls ‘fair game’ for the media gristmill. What a maroon.
Since Malia and Sascha’s Secret Service protection would need to travel to the babysitting jobs with them, any profits (after federal, state, and local income taxes, of course) should be routed back to the US taxpayers. Even then it would not recoup costs.
(Not like this “babysitting” is actually going to happen. We all know it’s a metaphoric parable from the BSer.)
They just have to complete their training for smothering or drowning the “excess” babies in bath water.
“the president was asked what he and wife Michelle are teaching their daughters, who are 12 and 9, about money.”...
Perhaps how to steal it from taxpayers?
They are going to NEED to start saving now so they can get busy paying off that $43,000 in taxpayer debt Obama is saddling them with.
Who gives a shit what his kids are doing? Why does his administration discriminate against white males?
I promised a while ago To Freerepublic and Kristann not to say anything bad about the “First Couple’s” spawn. My mother said if you can’t say something nice then...
(1) FBI background checks (extensive) on potential clients...
(2) Red Cross CPR/Emergency response classes for the young caretakers...
(3) Secret Sevice escorts and vehicles to transport the dau's to / from their work assignments...
Methinks...
Judicial Watch and other watchdog groups should file FOIA requests for these details,
And we The People...
Should RIGHTLY insist on remuneration from the office-holder to the taxpayers for these expenses un-related to the office of POTUS.
Just sayin'....
Well, Ayers used to babysit them, so they have great roll-models for babysitting.
Obasket Case, Rolling out the family for Nov. 2nd?
Anyone ready to treat them the way Obama had Rahm treat Palin’s kids?
It will be the first time anyone in that family had a real job! Will they be forced to join SEIU?
Maybe they could babysit the Constitution?
This would give them several times more executive experience than the old man...
Why would they have to spend their own money? They can get most of that at taxpayer expense along with luxury vacations every other week that most of us peasants couldn't afford one of much less at the level they are partying on our backs.
FUBO (and your little dog too)
I think Tom Clancy has already done that one, or close to it...
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