Comedy Gold: Obama is going to teach his children about Savings and Money Management

Comedy Gold: Obama is going to teach his children about Savings and Money Management Scotty Starnes | July 25, 2010 at 7:00 AM | Tags: baby-sitters club, Barack Obama, budget, jobs, Malia Obama, Michelle Obama, money management, Obama, President Obama, Sasha Obama, savings, unemployment | Categories: Uncategorized | URL: http://wp.me/pvnFC-1Xv

I think Obama might want to let someone else teach his children about savings and money management. In 17 months, Obama has set historic spending records. At the rate unemployment is going, his children will be lucky to find a job thanks to Obamanomics.

Malia and Sasha Obama are going to join the baby-sitters club.

President Obama said his two daughters will be expected to take up baby-sitting jobs when they become teenagers, the President told ABC's "Good Morning America."

Even though the two girls live in the White House and are protected by security guards, he still wants to teach Malia, 12, and Sasha, 9, about savings, money management and interest.

"What I'm doing now with Malia and Sasha is — they're getting an allowance, the President said. "They're starting to get old enough where they may be able to earn some money baby-sitting. They've got their own savings accounts."

In February 2009, the girls each got $1 a week, which critics said was too low of an amount, according to CBS News.

Obama added that he and First Lady Michelle Obama are "not that far removed from what most Americans are going through."

More comedy from the Obama's. Not that far removed? Are you kidding me? The private plans, the bodyguards, the mansion, the personal chefs, the parties, the concerts, the private schools are all far removed from what most Americans are going through. Most Americans are tightening their belts and sticking to their budgets while open spends freely and has no clue what a budget is.

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