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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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he should've paid for it out of fema's budget.

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Obama sucks big donkey balls.

gotta pick up where bush left off.

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Enjoying a jelly bean and chuckling at the false outrage at the coorporate automaker CEOs who had the audacity to fly to Washington in their own jets.

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But are you cheating on your wife with another hollywood starlet?

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