From CNN's Jack Cafferty:
Barack Obama is hosting the party of a lifetime, and it seems that there's no penny pinching going on in spite of the recession.
US President-elect Barack Obama and his wife Michelle wave during yesterday's 'We Are One' concert, one of the events of Obama's inauguration celebrations.
Estimates are that total costs for Obama's inauguration celebration could reach, or even exceed, $160 million. Obama has raised an estimated $41 million to help cover the costs of things like the train ride from Philadelphia to Washington on Saturday, and the star studded concert featuring U2, Beyonce, Bruce Springsteen and others yesterday. There's also the actual swearing in ceremony tomorrow with a price tag of $1.24 million and 10 official inaugural balls. Not to mention the cost of security and those 5,000 port-a-potties.
Four years ago, Democrats warned President Bush about an extravagant inauguration calling it inappropriate during a time of war. Today, the wars in Iraq and Afghanistan continue, the unemployment rate is the worst since 1945, consumer confidence is down along with the stock market and companies announce daily they are laying off people, closing stores or going out of business altogether.
But not a peep from the Democrats about the costs of Obama's inauguration. See, he's one of theirs.
And if you want to lose your appetite for dinner, consider this. The biggest donors for the inaugural festivities are recently bailed out Wall Streeters. Is this a great country or what?
Here’s my question to you: In light of the sour economy, does an extravagant inauguration celebration send the wrong message?
Interested to know which ones made it on air?
(PHOTO CREDIT: GETTY IMAGES)
FROM CNN's Jack Cafferty:
President-elect Barack Obama's inauguration is going to be a huge celebration bringing millions of people to Washington D.C. to party.
In order to literally keep the party going all night long, the city council passed emergency legislation this week allowing bars, night clubs and restaurants to stay open around the clock from January 17th until January 21st.
People could disagree about whether this is a real good idea. Yesterday, the leader of the Washington D.C. police union told the Washington Post he's worried that police resources could be insufficient during Inauguration weekend because of extended hours for clubs, bars and restaurants.
He said the officers in the seven precincts that serve the district will be spread thin and the amount of manpower needed for these extended bar hours is unknown. What is known, or can be reasonably assumed, is that if between three and five million people descend on Washington for the inauguration and the bars are open around the clock there could be problems.
Here’s my question to you: Is it a good idea to keep the bars in Washington D.C. open 24 hours a day for four days during inauguration week?
Interested to know which ones made it on air?
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