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Ronald Reagan

Obama hosting pricey party in a dicey economy

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WASHINGTON – Unemployment is up. The stock market is down. Let's party.

The price tag for President-elect Barack Obama's inauguration gala is expected to break records, with some estimates reaching as high as $150 million. Despite the bleak economy, however, Democrats who called on President George W. Bush to be frugal four years ago are issuing no such demands now that an inaugural weekend of rock concerts and star-studded parties has begun.

Obama's inaugural committee has raised more than $41 million to cover events ranging from a Philadelphia-to-Washington train ride to a megastar concert with Beyonce, U2 and Bruce Springsteen to 10 official inaugural balls. Add to that the massive costs of security and transportation — costs absorbed by U.S. taxpayers — and the historic inauguration will produce an equally historic bill.

In 2005, Reps. Anthony Weiner, D-N.Y., and Jim McDermott, D-Wash., asked Bush to show a little less pomp and be a little more circumspect at his party.

"President Roosevelt held his 1945 inaugural at the White House, making a short speech and serving guests cold chicken salad and plain pound cake," the two lawmakers wrote in a letter. "During World War I, President Wilson did not have any parties at his 1917 inaugural, saying that such festivities would be undignified."

Tsk, tsk.

http://news.yahoo.com/s/ap/20090117/ap_on_go_pr_wh/inauguration_spending

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Htar    0

There is no hypocrisy for the party lacking morals and ethics. They have none of those qualities and don't pretend they do - so everything is just PERFECT! The Republicans don't either, but atleast they speak to them and make an effort to police themselves. The dems are the party of DO WHAT I SAY, NOT AS I DO! And heaven forbid you disagree with them or they'll take away your freedom of speech (fairness doctrine).

Waits for the wiretapping response!!!

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