It's innocuous - except to a few super-paranoid Right Wingers. The speech can be found here, which I found at this post at Balloon Juice.
Laura Bush noted that it's important to let your children hear the President speak, as she noted - it's important to respect the President. I made a slightly different statement, which I view as a little more accurate, in that I believe that it's important to respect the Office of the President - whether you like him or not, he was the duly elected Chief Executive.
I heard Newt Gingrich this morning stating he thought every American should let their children hear the President speak, noting that Bush and Reagan both addressed children directly without the backlash we've seen directed at our Democrat president.
My children will listen, and they will determine for themselves what information to accept and what to reject. I think it's important for them to hear the President speak to them directly - it helps instill a sense of ownership in our nation to know that our country's leaders think enough of them to do so. I would think that would help raise a future generation of proud Americans.