Obama oath = Costliest President Inauguration Ceremony

In November, when the Detroit Big three automaker CEO approached Fed for a bailout package on their luxurious planes, were greatly criticized by the international media for spending company money in their lavish lifestyle. They were reprimanded everywhere, and told to be more responsible in saving their company liquidity in time of Crisis.

But I think the same criticism is also applicable for President Obama Inauguration Ceremony at Capitol Hill. According to reports this is one of the Costliest Presidential Inauguration Ceremony in the American history, with total expenditure cost is approximately 75million$.

I can understand this may be the historical moment in the American presidential election, with first time an African American will taking on the high profile job. But at this time of financial crisis, when everybody is pressing on saving money and spending money more sensibly. Shouldn't be this Celebration can be delayed, till the US economy become more stabilize.

From my opinion, the Obama Inauguration and CEO spending on the lavish lifestyles, should be comparable and should be criticize equally.

Thanks&Regards,
Mohit