Barack Obama

Shocking Arrogance: Obama’s $170 Million Inauguration

What-recession-for-Obama-in

Obama’s Inauguration has been financed partially by bailed-out Wall Street executives

Shocking, no.

Arrogant, yes.

The country is in the middle of the worst economic downturn since the Great Depression, which isn’t stopping rich donors and the government from spending $170 million, or more, on the inauguration of Barack Obama.

The actual swearing-in ceremony will cost $1.24 million, according to Carole Florman, spokeswoman for the Joint Congressional Committee on Inaugural Ceremonies.

It’s the security, parties and countless Porta-a-Potty rentals that really run up the bill.

The federal government estimates that it will spend roughly $49 million on the inaugural weekend. Washington, D.C., Virginia and Maryland have requested another $75 million from the federal government to help pay for their share of police, fire and medical services.

And then there is the party bill.

“We have a budget of roughly $45 million, maybe a little bit more,” said Linda Douglass, spokeswoman for the inaugural committee.

Come on, Obama. The country is in a recession and folks are losing their jobs right and left. Yet, you spend this kind of money on parties and concerts. And, where does the money come from?

Yeah, some of the the rich donors who are asking the federal govcernment to bail out their companies. 

Obama had an opportunity to show some restraint – FAIL.


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