What Recession? The $170 Million Inauguration

[Bushknew]

Source: abcnews


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.

The biggest group of donors were none other than the recently bailed-out Wall Street executives and employees.



Read more: http://abcnews.go.com/Business/Inauguration/Story?id=6665946&page=1

[NewEngland4Obama]

1. 125 million is for security. 50 million for federal

security and 75 for states security. Obama supporters are putting up 45 million thus the total amount of 170 million. Bush's inauguration was stated at 42 million but that didn't include security which brought the total to 157 million. Obama will have about 1.5 million more people attending!

[caraher]

2. put another way

including security that's about $85 per person for Obama and $400 a head for Bush...

Those trying to make an issue of this are forgetting (deliberately?) that in 2004 it was a ceremony for the RW, while this is a celebration of ALL the people of our great nation

[Career Prole]

6. Well said. n/t

[teotwawki]

3. not again...

http://mediamatters.org/columns/200901170003?f=h_top

Did you hear that "some are saying" Barack Obama's inauguration will cost "$160 million," which is $100 million more than George W. Bush's last swearing-in? That's the tale the crew at Fox & Friends was telling on January 15. "Why does the thing have to cost so much?" demanded co-host Gretchen Carlson. "I don't get it. George Bush spent $42.3 million and that was just four years ago." She wondered why Obama needed "another $100 million" for his celebration.

...

It also highlighted the type of news you can generate when making blatantly false comparisons. In this case, it was the cost of the Obama and Bush inaugurations. The connection was unfair because the Obama figure of $160 million that got repeated in the press included security costs associated with the massive event. But the Bush tab of $42 million left out those enormous costs. Talk about stacking the deck.

The misinformation first arrived in the form of an underreported newspaper article in America, and then one in London. Between them, and thanks to furious transatlantic online linking, the reports gave birth to the story that Obama's inauguration was going to cost nearly four times what the country spent on Bush's bash in 2005 -- that the Obama inauguration would cost almost $120 million more.

[Career Prole]

5. Yeah, again...

...and with 2 recs already. Who recommends this crap?

:banghead:

[Doctor_J]

12. The people who keep posting this crap should be delivered a

Tombstone.

For now, the perp gets added to my ignore list.

[Bushknew]

9. Thanks for that link.

[LiberalFighter]

10. They are intentionally not including the cost of security for * in 2005

[griz2008]

4. Troll Rating

2/10

2+ MILLION people to be there, this is not tea & toast for 10 friends. This amazing accomplishment is historic and we all worked hard to get here!

[Urban Prairie]

7. No Big Deal

As the outgoing Chimp administration is finally going to receive the oil money to reimburse the US government for the Iraq invasion and occupation that the neocons stated would "pay for itself"

oh, wait...

[Lochloosa]

14. Welcome to DU Urban Prairie

:toast:

[MilesColtrane]

8. IT'S WORTH IT.

And, most of America would agree.

A small price to pay for hope for a better tomorrow.

[countingbluecars]

11. The people waiting for hours in the cold

aren't complaining.

[Thrill]

13. What is that? About 2 hours in IRAQ?

[racaulk]

15. WIN!

:thumbsup: