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SNL: Obama Admits, ‘I Really Have No Idea How Money Works’

Mar. 3, 2013 7:37am Madeleine Morgenstern

NBC

Saturday Night Live’s President Barack Obama tried to put a human face on the effects of sequestration — a difficult task, he admitted to the nation, because “I really have no idea how money works or budgets work.”

But everyone’s making sacrifices, he said — “Michelle will only do four television appearances a week, down from her usual 75.”

Bringing up a parade of federal workers to explain the toll the forced budget cuts will take on their jobs, one Border Patrol agent said they’ll now have to let every 10th Mexican across the border, while an astronaut said their helmets will no longer have glass in the front and they’ll have to hold their breaths when they do spacewalks.

It wasn’t all bad news, though: One schoolteacher was actually delighted she lost her job and doesn’t have to teach “Beowulf” to nightmare teenagers anymore.

But whatever the difficulties now, Obama said, America will make it through.

“Trust me, nine months from now, you won’t remember this sequester ever happened,” he said. “Why? Because there will be another way worse financial crisis to deal with.”

Watch the full clip below, via NBC:

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Comments (112)

Former11BRAVO
Posted on March 3, 2013 at 9:15am
Now, if we can only get them to admit the guy is an outright criminal – who’s armed vicious drug gangs, armed radial Islamists and who TRULY, STOLE the recent election through every means at his disposal (among a thousand other destructive administrative rules and regs which make criminals out of law-abiding American citizens – while sheltering illegal aliens and ruthless thugs!)!!!!!!!!

They (the typical American left-leaning press-member and average, non-progressive Democrat citizen) do THAT, and maybe . . . MAYBE we’ve got a chance to hold this nation together before it devolves into chaos!

Hmph! I’ll believe it when I see it! :-(

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- 83plus
  Posted on March 3, 2013 at 10:16am
  “Actually, you know what the president’s handicap is? Anybody know? Doesn’t understand economics. That’s the handicap. But other than that, other than that, he’s fine.” From Jay Leno
  
  Report this comment
- Strait Talk Express
  Posted on March 3, 2013 at 11:32am
  Stoopid Nastie Liars (SNL) has not been funny since Jack Parr and Steve Allen left it. I used to love the SNL skits with Red Skelton (but didn’t watch the rest of the show), but now that ObamaMedia has taken over all chairs but the toilet seats in our homes, (so the Fats Lady can tell us who the Oscared ones are)there’s no point in even turning on the television set. You can watch Fox News on the computer. I am gratefull for the Blaze to watch it for us and tell us about how sick it is so we don’t waste our times of day and nite. That SNL guy is acting too young to be president anyway.
  
  It is good not to willy nilly expose oneself to outside influences. Just go day to day and let the fancy dancy millionaires do all the thinking. We have enough to think about just making sure we do not infect our brains with main stream, lame stream ideas, attitudes and opinions. It is good to have The Blaze, this is a place where we can feel safe. Those millionaires will rot in H and e double L for eternity. That is all I will state on this one.
  
  Report this comment
- Eastinfection
  Posted on March 3, 2013 at 12:15pm
  STRAIT TALK EXPRESS…..
  
  Jack Paar, Steve Allen, and Red Skelton weren’t on Saturday Night Live…. they were the fore-fathers of what is now known as “The Tonight Show”.
  
  Report this comment
- Eastinfection
  Posted on March 3, 2013 at 12:25pm
  STRAIT…
  
  lol… i just checked your profile & realized you’re not serious…
  
  just a sarcastic troll…. lol.
  
  http://www.theblaze.com/users/strait-talk-express/
  
  Report this comment
- mecanic
  Posted on March 3, 2013 at 2:56pm
  chaos is coming. I think it’s to late to stop at this point……that sucks.
  
  Report this comment
- AhLeahIris
  Posted on March 3, 2013 at 4:23pm
  All joking aside, this President knows precisely what he’s doing. It’s part of a strategy, and letting him off the hook as merely “incompetent” or “stupid” doesn’t begin to explain his full agenda and the current operations of our government: http://markamerica.com/2013/03/03/for-whom-the-bell-tolls-1-6-billion-hollow-point-bullets/
  
  Report this comment
- Keatonc333
  Posted on March 3, 2013 at 6:04pm
  Former..”Now, if we can only get them to admit the guy is an outright criminal – who’s armed vicious drug gangs, armed radial Islamists” just so you know… Reagan also did these things… I’m not saying they are right.. but the president has already been set that this is acceptable… I mean honestly.. If Reagan can do it and be regarded as a conservative hero, how can you be so avidly against it now? And also.. stole the election? Really dude? really? The second there is a shred of evidence supporting that i’ll listen.
  
  Report this comment
- ICSPADES
  Posted on March 4, 2013 at 5:09am
  Keaton Kin Te – When you take money from the taxpayers and give it to every lowlife out there(yes it is 48%) so they don’t have to work, then that is stealing from the taxpayer. Go back to singing in your shanty boy and remain silent.
  
  Report this comment
- naughtycal
  Posted on March 4, 2013 at 7:25am
  The hypocrits are slowing trying to regain some support from middle and conservative American by ripping on Obama. But the bottom line is they waited until he was re-elected and the deserve no ones support. SNL is dead to me the Not Ready For Prime Time Crew is no more.
  
  Report this comment
chucksue351
Posted on March 3, 2013 at 9:09am
snl is no longer very funny since the chase days

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- kenboo1
  Posted on March 3, 2013 at 9:12am
  This is funny because its so true, then reality sets in and you understand that We Are F-cked (WAF)!!!
  
  Report this comment
- Keatonc333
  Posted on March 3, 2013 at 6:06pm
  I dont know.. they got pretty funny again during the Will Ferrell, Daryl Hammond years
  
  Report this comment
mrmarkjohnson
Posted on March 3, 2013 at 9:08am
I’ve never seen an SNL sketch that jokes about Obama in a negative way. Maybe the media and entertainment shows will start to treat Obama like they would any other president. The guy is a gold mine for comedy if you’re not afraid of offending anyone’s political sensibilities.

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- Eastinfection
  Posted on March 3, 2013 at 9:14am
  they’ve actually had a lot of them… just not a balanced amount.
  this one from a couple of years ago was very critical… & funny.
  
  http://www.liveleak.com/view?i=e27_1289712470
  
  Report this comment
- BSdetector
  Posted on March 3, 2013 at 9:20am
  They don’t have to worry about getting him re elected anymore.
  
  Report this comment
- The-Monk
  Posted on March 3, 2013 at 10:47am
  Here’s a good one.
  
  Obama, China, Gold and Glenn Beck.
  
  Watch the second full length video.
  
  http://www.theblaze.com/stories/snl-glenn-beck-was-right-about-buying-gold/
  
  Report this comment
- red1
  Posted on March 3, 2013 at 2:00pm
  This was nonsense. After weeks of Obama telling us how bad the sequester.would be, when that turns out to have been a lie, SNL wants us to believe it was all a joke. The purpose of this sketch is to try to decieve people into believing that Obama did not know exactly what he was trying to do: use propaganda to deceive the American people into supporting his agenda. It is an attempt to allow Obama and liberals to save face.
  
  Report this comment
- MIBUGNU2
  Posted on March 3, 2013 at 4:02pm
  @BSdetector
  Posted on March 3, 2013 at 9:20am
  They don’t have to worry about getting him re elected anymore.
  
  I wouldn’t count on that, O’Bozo’s goal now is to get Pelosi’s
  Thrown back.. If that happens, look for Legislation to get
  O’Bozo a Third Term and maybe a Fourth..count on it !!!!!
  
  Report this comment
ClemBradshaw
Posted on March 3, 2013 at 9:05am
Art imitates life. Actually nails it.

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barber2
Posted on March 3, 2013 at 9:03am
Enjoyed it. Michelle cutting down from her 75 weekly television appearances and the gay sailor at the end were especially funny little jabs…

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- MIBUGNU2
  Posted on March 3, 2013 at 3:52pm
  The jabs are getting sharper and harder, a good sign.
  
  Report this comment
termyt
Posted on March 3, 2013 at 9:00am
The folks will remember that sequestration was a horrible thing the Republicans forced on us even though none of them will be able to identify a solid reason why it was bad.

To put it in perspective, for every dollar we spend, we borrow 35 cents. Sequestration is worth about 2 cents of that dollar. If it had been worth 36 cents, it certainly would hurt, but at least then the pain would be worth something.

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ktmrider1
Posted on March 3, 2013 at 8:59am
wow SNL got funny again, you know whats really funny, the obama voters think this is for real

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dbrockjohnson
Posted on March 3, 2013 at 8:52am
Everyone knows how terrible potus is as potus! Even Libs! They are just praying that he will be better because they will NEVER admit he was a huge mistake! They know he is a joke, now all they are doing is trying to come out at the end unscaved! These 8 years will go down as USA worst 8 yrs EVER!!! I gaurantee you books will be coming when potus is out of office and we are going to be SHOCKED at just how bad this guy is! Mark it down. When the hell does he even govern?????? He sux

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- pdw
  Posted on March 3, 2013 at 8:57am
  Yet they are trying to overturn amendment 22 so they can be the only party in America.
  
  Report this comment
- kenboo1
  Posted on March 3, 2013 at 9:09am
  this is what happens when the uninformed, ill informed, low informed, uneducated, the “whats in it for me”, I want my “Obama phone” actually started under GW Bush, are allowed to cast a vote… Even more so when the States are not represented in Congress as a result of the 17th Amendment… Until everyone is held accountable and pays something in, We Are F-cked (WAF)!!!
  
  Report this comment
skippy6
Posted on March 3, 2013 at 8:48am
LMAO!!!!! here is what Barry really thinks….

http://www.youtube.com/watch?v=sZHCVyllnck

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TROONORTH
Posted on March 3, 2013 at 8:47am
It was a pretty funny skit. Loved the POTUS using the first parts of the ‘Y.M.C.A.” song as a closer. All good humour strikes close to home and this one was so close it hurt.

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fastfacts
Posted on March 3, 2013 at 8:39am
Did you also see Leno mock Obama on his Armageddon Rhetoric: http://www.thedailycandidate.com/video/2013/mar/leno_wh_tactics.html

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- Eastinfection
  Posted on March 3, 2013 at 9:19am
  Thanks for that FASTFACTS..
  
  lol… girlscouts selling meth instead of cookies. hilarious!
  
  Report this comment
dublinthewagons
Posted on March 3, 2013 at 8:33am
Hes more of a foreign affairs president. He’s always screwing in foreign countries affairs like benghazi, cairo, Syria. He has solved their problems. Huh?.

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- barber2
  Posted on March 3, 2013 at 9:08am
  Arrogant and detached Obama sees himself as a important man of ” the world” – not as a Bible , gun clinging , backward American …..
  
  Report this comment
MaggieRose
Posted on March 3, 2013 at 8:28am
This was cute… made me chuckle… loved the teacher from Philly… will save this, and watch it again and see how things have changed in a year.

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mwhaley
Posted on March 3, 2013 at 8:22am
I must have missed the cut in Obama phones to the vunnables.

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SamIamTwo
Posted on March 3, 2013 at 8:18am
Sad thing about that is no one in my family laughed. It’s true. Like a report on reality…a sad reality at that. A depressing reality.

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americansfightingforcommonsense
Posted on March 3, 2013 at 8:06am
Same old same old. This POTUS will not admit he has no idea, he will blame it on the Republicans, vote present, and spend as much of our money as he possibly can before his gig is up.

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steve-in-pa
Posted on March 3, 2013 at 8:02am
SNL is overrated, outdated and idiotic. I have no idea how it is still in production. I did not even watch the video as I know it would be irritating, just like anything airing on NBC . Hay… SNL has something in common with our president.

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- geeman
  Posted on March 3, 2013 at 8:10am
  this one is right on the money,u might like,i know hard to belive
  
  Report this comment
- Eastinfection
  Posted on March 3, 2013 at 8:16am
  you should watch it Steve.. it wasn’t bad. if you weren’t prejudiced about the source, i’d bet you’d be amused by this skit.
  
  Report this comment
- UNALIEN
  Posted on March 3, 2013 at 8:34am
  of course SNL and others are starting to tell the truth with comedy now that it doesn’t matter, We are stuck with these criminals…
  
  why weren’t they doing this 5 years ago… the most effective propaganda mixes the truth with contextual manipulation.. they gain cred when they tell the truth.. then they can get away with deception
  
  besides, I am sure that none of these SNL people understand money either…
  
  Report this comment
- GeorgieJo
  Posted on March 3, 2013 at 8:43am
  SNL is a cheesy old vaudeville show.
  I think Mr Bill would be a better president.
  sigh
  
  Report this comment
- ktmrider1
  Posted on March 3, 2013 at 9:06am
  you should watch it. the first funny skit SNL has done in 10 years. hey come on guys obama has been doing a great job of murdering lots of people over seas with his drones
  
  Report this comment
- steve-in-pa
  Posted on March 3, 2013 at 12:34pm
  Ok I took your advice and watched it… parts were humorous. But the show still carries his water, they don’t say it’s only 2.5% of increased spending and any good manager should be able to cut that out of any budget without any layoffs, heck they probably spend that much on coffee. His base, low info voters have no idea of what the real story is, he’s crying because he does not want to stop giving more freebies to more and more people to increase his voting base before the next elections. He knows when we get back the senate he will and should be brought up for impeachment.
  
  Report this comment
Eastinfection
Posted on March 3, 2013 at 8:02am
Ahhh… just beginning my usual Sunday morning routine of reading the paper, drinking coffee, and watching Saturday Night Live on the Blaze.
Hopefully i have time to go lower the seat, drop a POTUS, and be back in time for the next SNL clip.

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americansfightingforcommonsense
Posted on March 3, 2013 at 8:01am
Our nation is $16,600,000,000,000 in debt. We must pay this off and stop enslaving our children and grandchildren. “It is Un-American and Un-Patriotic”according to Obama himself.

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Mr.Fitnah
Posted on March 3, 2013 at 8:01am
At least Obama cleaned up the Sandy storm problems .

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- geeman
  Posted on March 3, 2013 at 8:07am
  that was a joke,right
  
  Report this comment
- Noah_fing-whey
  Posted on March 3, 2013 at 8:15am
  And he closed Gitmo….
  
  Report this comment
- Noah_fing-whey
  Posted on March 3, 2013 at 8:16am
  …and he didn’t raise anyone’s taxes by “one” dime….
  
  Report this comment
- SSN637
  Posted on March 3, 2013 at 8:35am
  sea levels recede when he walks on water
  
  Report this comment
- Eastinfection
  Posted on March 3, 2013 at 8:37am
  don’t forget all the shovel-ready jobbies he drops in his wake.
  
  http://www.urbandictionary.com/define.php?term=jobbies
  
  Report this comment
- shorthorn
  Posted on March 3, 2013 at 8:47am
  and made sure we wouldn’t lose our healthcare.
  
  Report this comment
- barber2
  Posted on March 3, 2013 at 9:04am
  and he is passing another ” affordable ” act – healthcare this time ! LOL…
  
  Report this comment
- crackerone
  Posted on March 3, 2013 at 9:05am
  And he quit smoking and gave up the bathhouses.
  
  Report this comment
- YOURSENSEI
  Posted on March 3, 2013 at 11:28am
  This is what you must know:
  
  What? SNL is still on? Who knew? Haven’t watched it since 1975, you know, when it was funny. let me know if they ever say anything remotely directed at Dear Leader. Then maybe I’ll watch.
  
  it is so.
  
  Report this comment
- Eastinfection
  Posted on March 3, 2013 at 12:41pm
  Hey WANGO…..
  
  did Hippo ever catch up with you yesterday and issue the spanking he was threatening?
  
  Report this comment
- The-Monk
  Posted on March 3, 2013 at 12:59pm
  Hi East,
  
  Ouch !!! LMAO : )
  
  Report this comment
- YOURSENSEI
  Posted on March 3, 2013 at 2:00pm
  Mr or Ms MONK INFECTION,
  
  This is what you must know:
  
  Like all high profit trolls, we confabbed through appropriate channels, none of which involve the man sex with which you conservatives are so enamored.
  
  Meanwhile, still waiting for the seminal work (that’s your cue, East) from Monk that will change the world we live in, kind of like Glenn’s miracle geese.
  
  What’s the update, pizza queen? “Write that up” yet?
  
  It is so.
  
  Report this comment
- Eastinfection
  Posted on March 3, 2013 at 3:32pm
  WANGO….. lol @ “MONKINFECTION”
  
  miracle geese?
  pizza queen?
  
  i’m sorry but those references are over my head.
  Good point on Monk’s manifesto, though.
  I will ask him about that….
  
  PS: WANGO… please don’t lump me in with “you conservatives”. I’m conservative about the Constitution… which is a Liberal doc ument.
  IOWs.. i’m Libertarian/ Constitutionalist. I spend far more time here than you arguing in favor of gay rights, pot legalization, and pro-choice- so save your assumptions for your “strategery” sessions with your elite squad of rebels and “patriots”.
  I don’t tease you for being a Liberal- I tease you because of the ridiculous “it is so” format you’ve adopted.
  
  Report this comment
- geeman
  Posted on March 3, 2013 at 7:01pm
  your sensi,wtf are u saying.have u gone insane? sorry stupiD Q. SO IT IS
  
  Report this comment
geeman
Posted on March 3, 2013 at 7:59am
the robomots are’nt goin ta like this! but i did,all so close to the real scare tactics this poser uses.

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Sicialian Eyeball
Posted on March 3, 2013 at 7:53am
Since he was schooled in communism since birth,is this such a shock to anyone? Wait! Think of all the idiots who voted for him. Duh…..

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dublinthewagons
Posted on March 3, 2013 at 7:53am
Barry really has no idea how anything works.

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- americansfightingforcommonsense
  Posted on March 3, 2013 at 8:03am
  That is because he doesn’t work either due to that “LAZY” bone he has.
  
  Report this comment
- barber2
  Posted on March 3, 2013 at 9:01am
  AMERICAN: Think it is due rather to his ” angry, Marxist ” bone .
  
  Report this comment
dorfs1
Posted on March 3, 2013 at 7:53am
SNL does a skit on Sahara Palin, the low info voters believe it as truth. SNL does a skit on Obama, the low info voters will ???, probably blame Bush.

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maggiepie
Posted on March 3, 2013 at 7:51am
If only King O would admit to the same.

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