In light of the bad economic times we are facing as a nation, coupled with the looming fiscal cliff and the enormous $16 trillion national debt, plus when you add how President Obama spent the last 4 years campaigning around the country bashing the wealthy, fat cat bankers, Wall Street executives and anyone making over $250,000 a year, it is rather stunning to know that he will allow $100 million of taxpayer's money to be spent on his second inauguration.
I don't know about you, but we here at IsThatBaloney.com see almost nothing but utter hypocrisy from this president. Is there nothing Barack Obama won't spend money on? From his 4 years of campaigning for his second term in office, to his lavish family vacations at taxpayer's expense, to Michelle's equally lavish taxpayer funded vacations, to his foreign aid even to enemies of the United States (the Muslim Brotherhood backed Mohammed Morsi in Egypt), one has to wonder is there is any limit to his waste of taxpayer's, yes, taxpayer's money.
While Rome burns and Barack Obama divides us with his tell the rich to "pay their fair share" mentality, the Democrat elites spend funds that don't belong to them faster than the Wall Street fat cats Obama likes to beat up on constantly.
Read the brief from The Weekly Standard chronicled below:
The Inaugural Committee announced Thursday that activities will last three days: a day of service on Saturday, the small private ceremony on Sunday, and the public swearing-in, parade and balls on Monday."
That means, the public "inauguration" is just a show, while the actualÂ inauguration will again be behind closed doors (just as it was last go around).
What's the show going to cost? If the cost of recent pastÂ inaugurationsÂ are any indication, well over $100 million.
In 2005, for President Bush's secondÂ inauguration, "the federal government and the District of Columbia spent a combined $115.5 million, most of it for security, the swearing-in ceremony, cleanup and for a holiday for federal workers," according to the New York Times.
And for Obama's firstÂ inauguration in 2009, the cost for the government was over $125 million, according to reports.
The combined total of Obama's first inauguration when adding government and private costs together was approximately $170 million. The $100 million cost for President Obama's second inauguration does not include private donation and costs.