I wonder how many people will receive a paycheck because of security,
transportation, full hotels, banquet set-up, food service, etc.... If
this puts people to work and they are getting paid for providing such
services, then I don't have a problem with it.

On Jan 18, 7:27 am, Cold Water <[email protected]> wrote:
> Obama hosting pricey party in a dicey economy
> By MATT APUZZO, Associated Press Writer Matt Apuzzo, Associated Press Writer 
> Sat Jan 17, 1:23 pm ET
> 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."
>
> The thinking was that, with the nation at war, excessive celebration was 
> inappropriate. Four years later, the nation is still at war. Unemployment has 
> risen sharply. And Obama pressed Congress to release the second half of a 
> $700 billion bailout package in hopes of rescuing a faltering banking 
> industry.
>
> Obama's inauguration committee says it is mindful of the times and is not 
> worried people will see the four days of festivities as excessive.
>
> "That is probably not the way the country is going to be looking at it," said 
> committee spokeswoman Linda Douglass. "It is not a celebration of an 
> election. It is a celebration of our common values."
>
> Douglass said the campaign sought to keep costs down by having the same 
> decorations at each of the 10 balls, eliminating floral arrangements and 
> negotiating prices on food.
>
> "Those at the Obama administration are trying to be reflective of the 
> climate," McDermott's spokesman, Mike DeCeasar, said Saturday.
>
> The festivities began Saturday with a speech at Philadelphia's historic 30th 
> Street train as Obama's trip began.
>
> Sunday's concert at the Lincoln Memorial includes performances by Sheryl 
> Crow, Stevie Wonder, Garth Brooks and others. Denzel Washington and Queen 
> Latifah will read historic passages. HBO paid $2.5 million for the exclusive 
> rights to broadcast the concert.
>
> Monday, the inaugural committee is hosting a national day of service, 
> followed by three "bipartisan dinners" and a concert at the Verizon Center 
> honoring military families. The Disney Channel will broadcast the concert, 
> which includes performances by teen stars Miley Cyrus and the Jonas Brothers, 
> as part of a $2 million deal that also gave ABC the exclusive rights to 
> broadcast one inaugural ball.
>
> The television deals allowed the committee to recoup about $5 million of the 
> $15 million production costs for the televised events, Douglass said.
>
> Security and transportation costs are being paid by taxpayers. And with 
> millions of tourists expected to descend on Washington for Tuesday's 
> inauguration ceremony, Bush declared a state of emergency, allowing the 
> district to recover some costs for the event.
>
> The inauguration committee is paying for 10 stadium-style screens to 
> broadcast the inauguration ceremony on the National Mall. It is also hiring 
> garbage and recycling services and renting thousands of portable toilets for 
> what one supplier called "the largest temporary restroom event in the history 
> of the United States."
>
> Obama has pledged transparency in his inauguration fundraising. He has 
> disclosed inaugural donors as the fundraising continued, though he is not 
> required to do so until after the ceremony.
>
> Many of the fundraisers are well-known moneymen and women in Democratic 
> circles. Those leading the list raised at least $300,000. They include two of 
> Obama's top campaign fundraisers: Louis Susman, who retired this month as 
> vice chairman of banking giant and government bailout recipient Citigroup, 
> and billionaire Hyatt hotel heiress Penny Pritzker.
>
> http://news.yahoo.com/s/ap/20090117/ap_on_go_pr_wh/inauguration_spend...
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