Jan 31 2009

Historic Presidential Inauguration

Published by timothy-go at 1:16 pm under Uncategorized

The swearing-in party of Barack Obama is historic in so many ways, he is not only the first African-American president, his inauguration was also witnessed by more people than ever before.

It is also historic for being the most expensive inaugural party especially during a recession.

It’s been reported than between 150 to 160 million dollars was spent staging America’s biggest inaugural celebration in history.

Half of the amount was from private donations, while the rest was used for security arrangements.

I’nst it a bit inappropriate to hold such a grand event with an economic depression in the backdrop?

I think 150 to 160 million dollars is enough to put food on the table of those 2 million jobless in America.

That money could have been put to better use especially since POTUS today called the current recession “disastrous.”

Since he was elected President on November 4th, more than 2 Million Americans have lost their jobs. And thousands more are losing their jobs as the days go by with one company after another announcing major lay-offs or complete shutdowns.

President Obama had nothing to do with the current economic meltdown.

The problem started way before he was chosen as the Democratic Party’s standard bearer.

And he will definitely be elevated to God-like status if he manages to get America and the world out of this economic depression.

He could have fast-tracked his God-like status if only he put the 150 Million inaugural fund into something better, like donating it to the unemployment benefits fund or something like that.

He could have turned stones into bread, and water into wine.

But America and the media still loves him — but for how long?

2 responses so far

2 Responses to “Historic Presidential Inauguration”

  1. Jordan Shorton 01 Feb 2009 at 9:59 pm

    P A R T Y P O O P E R !!!

  2. new york state unemployment\paron 26 Mar 2009 at 7:15 am

    The least-bad scenario is a hard landing, global recession worse than the 1930s. The worst-case borrows from the Four Horsemen of the Apocalypse: war, famine, pestilence and death.\par