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.
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