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How the Nouveau Riche Live: A Rambling, Angry Post by a Bitter Holdout

angry

For the past week, the media has been awash in stories about the incoming POTUS’ expensive tastes. We know he likes waffles, argugula, and $100 a pound ham, and that he shops at Whole Foods Markets, but that’s not the half of it. His obscenely expensive Inauguration celebration is going to cost about $170-$180 million.

What is Obama spending all that money on? According to ABC News,

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.

Some of the biggest expenses were a Bruce Springsteen concert (cost unknown) and $700,000 to keep the Smithsonian open late, God only knows why. And who is going to pay for all this extravagant partying? With the U.S. in an economic crisis that may turn out to be worse than the Great Depression, Obama has seen fit not only to spend stunning amounts of money on a party for himself, but also to collect that money from wealthy donors, most of whom contributed $50,000 each. Continue reading