Originally posted by Brooke Meyer Would it be okay with you if your child or grandchild said that?
To directly answer your question, it depends on the context. Something offensive in one context can be hilarious in another context. No, my child should not be saying things like that in formal settings such as school and church. If they're old enough to understand that the word "bitches" is often vulgar and have developed the language and social skills to know how different words can be used in different settings, then I'm okay with a joke in the proper setting.
Anyway, a caption added to a photo doesn't mean the subject of the photo actually spoke those words. At least I hope so ... or the prevalence of lolcat photos means my cats need a speech therapist to work on their language skills.
My only concern with that edited photo would be if the child was easily recognizable. I don't like the idea of innocent people going about their lives being turned into internet memes. In this case, though, I strongly suspect that child has aged a little since the photo was taken so it's no longer a concern.