I really enjoy the right wing fascists who lost this election because of the stupid stuff like the cost of the inauguration.It is this kind of crap that will keep the sane people running the country:>
Although many people assume the inauguration is paid for with tax money, in fact the entire event is funded by donors.
Costs have not changed much since 2005.
Gee you all are just stupid!
2005 PRESIDENTIAL INAUGURAL COSTS
THE BASICS
In 1956, Congress adopted the Presidential Inaugural Ceremonies Act. Under the Act,
for each inauguration, a Presidential Inaugural Committee (PIC) is established. By law, it
is defined as "the committee in charge of the Presidential inaugural ceremony and
functions and activities connected therewith, to be appointed by the President-elect." The
PIC for and sponsors all the official presidential inaugural events except the inaugural
ceremony and the luncheon that follows, which are both held at the Capitol and
sponsored by the Joint Congressional Inaugural Committee.
This year's PIC co-chairs are Bill and Kathy DeWitt, Brad Freeman, and Mercer and
Gabrielle Reynolds. Dewitt is Co-Chairman of Reynolds, DeWitt and Company and
Freeman is a founding partner of Freeman Spogli & Co., a private investment firm.
Reynolds, who was the National Finance Chairman of Bush-Cheney 2004, also served as
US Ambassador to Switzerland and Liechtenstein. Jeanne Phillips, who served as the
Representative of the United States of America to the Organization for Economic
Cooperation and Development (rank of Ambassador), will be Chairman of the
Committee. The Chairman and the co-chairs all served in the same roles for Bushs 2001
inauguration. Greg Jenkins, who has served as Deputy Assistant to the President and
Director of Presidential Advance for the past two years, will serve as Executive Director.
The PIC will be assisted by an 18-member strong Finance Committee.
Between private funding for the Inaugural Committee and federal government funds, this
year's inaugural expenses are expected to reach about $60 million. The Joint
Congressional Inaugural Committee Congress has allotted $1.25 million for the
ceremony itself and the separate Presidential Inaugural Committee, which is privately
funded through donations, hopes to raise more than $40 million. On top of this, the City
of Washington and the federal government will spend approximately $20 million for
extra security, crowd control, and logistical support for the ceremony, the parade and
other events surrounding the inauguration.
COSTS IN CONTEXT
Although new records will be set in terms of non-taxpayer funds, organizers say this
year's inauguration will be different from other years in terms of content. ''There have
been 55 inaugurations and very few have taken place during wartime, and this inaugural
will reflect that,'' the inaugural committees communications director, Steve Schmidt, told
the New York Times. ''You will see a strong emphasis on the military and veterans. The
record fund-raising can be explained by a simple fact: in all areas of endeavor, whether
it's an inaugural or the Macy's parade, things are more expensive than they were four
years ago.''
In 2001, Bushs first inauguration raised about $40 million in private funds and was the
largest to date. President Clintons 1997 bash had a budget of $29.6 million, $9 million of which came from money left over from 1993, and was slightly smaller than his $33
million celebration in 1992. By comparison, the 1989 Bush committee spent $30 million,
Ronald Reagan's 1985 inaugural committee spent $20 million, and Jimmy Carter's team
spent $3.6 million in 1977.
WHOS PAYING THE BILL?
Although any American citizen can make a donation to the inaugural committee, the vast
majority of the donations come from a fairly small group of large donors, many with a
history of political giving.
Among the major corporate donors are Exxon Mobile, Sallie Mae, Northrop Grumman,
CheveronTexaco, AFLAC, Coco Cola Company, Ritz-Carlton Hotel Company, Goldman
Sachs, Ford Motor Company, Microsoft, Southern Company, Time Warner and Altria
(which owns Philip Morris).
Some of these individual donors are bold-faced names: Michel Dell, founder of Dell
Computer company; Andrew Taylor, CEO of Enterprise Rent-a-Car; Thomas Petway III,
chair of Zurich Insurance Services; Richard Kinder, the former president of Enron (now
head of Kinder Morgan, a gas company); Roland and Dawn Arnall of Ameriquest; and
Jack Overstreet, a partner in a major oil and gas corporation located in Colorado.
And these individuals are not new to the funding game: Individually, as of December 31,
the donors disclosed by the PIC had contributed $9.4 million to Republicans in the
current election cycle, which ends Dec. 31. Of that, $1.1 million went to the Bush
reelection campaign, according to the Center for Public Integrity. Many of the inaugural
donors are also Bush-Cheney Rangers or Pioneers, who raised either $200,000 or
$100,000 respectively for the Bush-Cheney 2004 campaign. As the Washington Post
reports, the Arnalls and their companies are more than contributors to the inauguration.
They are also the single biggest source of financial support for Bush since 2002. Over the
period, they gave and raised at least $12.25 million. No fewer than nine of the PIC
donors are Rangers: Al Hoffman, Arnall, Duane Acklie, Dwight Schar, Elliott Broidy,
Kinder, S. Davis Phillips, Sam Fox and Petway.
In addition to being old-hands at the money game, some of the PICs major donors
played a major role in the 2004 election. Oilman T. Boone Pickens gave $250,000 to the
PIC and $2.5 million to the controversial Swift Boat Veterans for Truth. And real estate
developer Alexander Spanos, who also gave $250,000 to the PIC, also donated $5 million
to Progress for America, which ran a series of anti-Kerry ads.
A complete, up to date list of the donors will be sent around just prior to Inauguration
Day. A full list is available at
http://www.inaugural05.com/donors WHAT DO THOSE DONATIONS BUY?
Donations to the Inaugural Committee purchase donors many different kinds of perks.
Most donors receive tickets of some sort, to balls, lunches, meetings, events, parades, etc. But two donor levels deserve special mention: Underwriters and Sponsors.
Underwriters are donors who make a contribution of $250,000. For that price, donors
receive two tickets to an exclusive lunch with the president and vice president and 20
tickets (two tables worth) to a special candlelight dinner featuring the about-to-be-reinaugurated pair. Underwriters will also receive tickets to the parade and to an inaugural
ball in total 80 tickets to each of 10 events. Sponsors, who fork over a measly
$100,000, receive a slimmed-down package: fewer tickets to the candlelight dinner and
38 entrées to the various events. They still get parade tickets though.
DISCLOSURE
Unlike contributions to federal candidates and parties, there is no limit on donations to
the inaugural committee. And, unlike federal elections, both corporations and labor
unions can make direct contributions. Finally, there are no federal disclosure laws for
donations.
Despite the lack of formal rules, the 2005 Bush-Cheney inaugural committee has
voluntarily disclosed its major donors. It did similar in 2001. The PIC also put a
voluntary cap on of donations: $250,000. In 2001, the maximum was set at $100,000.
As of January 7, 2005, here is a list of the 43 Underwriters, who earn that designation
for a donation of $250,000. A full list is available at
http://www.inaugural05.com/donors.
A.G. Spanos
Altria Corporate Services, Inc.
American Financial
Ameriquest Capital Corporation
Argent Mortgage Company
AT&T
Bank of America Corporation
Boone Pickens
Bristol-Myers Squibb
Carl H. Lindner
CheveronTexaco
Cinergy Corporation
Corporate Capital, LLC
Dr. Miriam Ochshorn Adelson
Elliott Broidy
Exxon Mobil Corporation
First Data Corporation
Ford Motor Company
Golden Eagle Industries, Inc.
Hunt Consolidated, Inc.
Kojaian Ventures, LLC
Long Beach Acceptance Corp.
Marriott International, Inc.
Marriott Vacation Club International
Nancy and Rich Kinder
National Association of Home Builders
New Energy Corp.
Occidental Petroleum Corporation
Rooney Holdings, Inc.
S. Davis Phillips
Sallie Mae, Inc.
Sheldon G. Adelson
Southern Company
Stephens Group, Inc.
Strongbow Technologies, Corp.
Susan and Michael Dell The Home Depot
The Ritz-Carlton Hotel Company, LLC
Time Warner
Town and Country Credit
United Parcel Service
United Technologies
UST Inc.
SOUVENIRS
Another way that the PIC raises money is through selling souvenirs. Official Inaugural
Souvenirs are available from the PIC website. Among the collectibles are an a gold
Inaugural Tie Bar ($19.95), a personalized Inaugural License Plate ($50.00), an engraved
Ice Bucket (64.95), a Knit Afghan that features the Presidential Seal ($75.00), and, for
the truly ambitious, a collection of Medallions in gold, silver and bronze housed in a
cherry wood presentation box ($1,190.00). According to the website,
www.inauguralgiftshop.com, the Inaugural Shop is is a division of GOPShoppe.com
LLC, the Republican Superstore Online.
Unofficial souvenirs are, of course, all over the city. There is a truly lovely selection of tshirts available at various stands. In addition, many hotels are buying special uniforms
that become popular souvenirs. In 2001, the Ritz-Carlton outfitted its staff with black
Stetson cowboy hats featuring a pin designed by Ann Hand. The hats were so popular
people bought them off the staffs heads. This year the hotel is ordering far more of them.
And Stetson itself is brining 3,000 hats to DC for the occasion. The El Presidente model,
fashioned from beaver and cashmere with a 14-karat gold buckle is available for just
$1,200 (Washington Post).
TAXPAYERS FOOTING BIGGER BILL
Despite the Inaugural Committee's talk about keeping costs in line, the taxpayers actually
will be footing a bigger bill this time around. Security costs alone are likely to run to
approximately $20 million, up from $10 million total paid by tax-payers in 1993.
INAUGURAL PARADE
Opponents of the parade argue that the federal government could save a hefty portion of
the $XX (to be determined) million allotted to the D.C. Police and the Armed Forces
Inaugural Committee if the parade were discontinued. Although no cost breakdowns are
available, it is clear that most of the cost of the parade is borne by the taxpayers for
beefed-up security, crowd control and logistics. The cost to the Inaugural Committee is
relatively small since those participating in the parade make their own arrangements and
pay their own way, usually by raising funds in their own communities.
INAUGURAL BALLS
This year there will be 9 official Inaugural Balls. In addition to the state balls, there will
be for the first time ever a Commander in Chief Ball, which will be attended by
approximately 2,000 members of the military. 1. The Stars and Stripes Ball will be at the Convention Center in Ballroom ABC
and will include New Jersey, New York and Pennsylvania.
2. The Patriot Ball will be at the Convention Center in Hall E and will be for the
state of Ohio.
3. The Liberty Ball will be at the Convention Center in Hall C and will be for the
state of Florida.
4. The Texas Wyoming Ball will be at the Convention Center in Hall B.
5. The Independence Ball will be at the Convention Center in Hall A. It will
include Colorado, Delaware, District of Columbia, Hawaii, Idaho, Iowa,
Maryland, Massachusetts, Missouri, Nebraska, New Hampshire, Rhode Island,
South Carolina, Vermont, Virginia and Washington.
6. The Democracy Ball will be at the Convention Center in Hall D. It will include
Arizona, California, Kentucky, North Carolina, North Dakota, South Dakota,
Tennessee and Utah.
7. The Constitution Ball will be at the Washington Hilton. It will include Arkansas,
American Samoa, Connecticut, Georgia, Guam, Indiana, Maine, Minnesota,
Mississippi, Montana, Nevada, New Mexico, Oklahoma, Oregon, Puerto Rico,
Virgin Islands, West Virginia and Wisconsin.
8. The Freedom Ball will be at Union Station and will include Alaska, Alabama,
Illinois, Kansas, Louisiana, Michigan and Diplomatic Corps.
9. The Commander-in-Chief Ball is a unique event which will specifically honor
and thank our troops and their families. It will be at the National Building
Museum and will include members of our military and their guests.
THE PRICE OF ADMISSION
Balls:
Each ball gives out its tickets using a different system. For example, Texass Black Tie
and Boots Ball tickets were available only to members of the Texas State Association.
Tickets were $125 officially, but they are now up to $2,000 on eBay. Tickets to the other
balls are commanding similar prices. Some website prices are below:
Patriot Ball: $795
Stars and Stripes Ball: $795
Inaugural Parade
Bleacher seats are available from the Presidential Inaugural Committee for $15, $60, and
$125, but seats are limited. Because of the limited availability, a number of websites are
selling tickets. VIP seats were going for $495 in early January.
Swearing-In Ceremony
There are a total of 250,000 tickets for the Swearing-in Ceremony. Beyond VIPS and
those who receive tickets in exchange for donations, tickets to the Parade are available in
to members of the public through their Senator or Representative. Each House member
receives 200 tickets and each senator gets 400. In addition, the PIC received 61,000
tickets to distribute. The Joint Congressional Committee also has tickets to distribute to the Supreme Court, Joints Chief of Staff, the diplomatic corps, all presidential electors
and all Medal of Honor recipients. Because of the limited number of available tickets,
many websites are selling them, at a variety of prices. A sampling of costs found on the
Internet is below.
Reserved Seats Standing Areas
Sections 1, 2, 3, & 4 $6,950 Southeast Standing $695
Sections 5, 6, 7 & 8 $5,950 Northeast Standing $595 Sections 9 & 10 $5,500 West Standing $495
Sections 11 & 12 $4,950 South Standing $395
Sections 13 & 14 $4,500 North Standing $295
Sections 15 & 16 $3,500 Mall Standing Area $195