Obama sure is taking the US financial crisis seriously- and he's leading by example by saving the taxpayers as much money as possible...wait...only kidding, he's actually spending over twice as much as George Bush on his inauguration.
Barack Obama's inauguration next week is set to be the most expensive ever, predicted to reach over $150m (£102m). This dwarfs the $42.3m spent on George Bush's inauguration in 2005 and the $33m spent on Bill Clinton's in 1993.
It wouldn't do to show some fiscal restraint during the crisis he claims is the worst to face the US since the Great Depression. Nope, the One must have his big event.