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'Inaugurabilia' Reaps $2M for Ceremonies

Ceremonies fully funded by trinkets, donations

By the Associated Press

Posted Apr 22, 2009 11:31 AM CDT

(AP) – Barack Obama's inauguration fundraisers had no problem capitalizing on a hot market for keepsakes. Obama-themed clothing, jewelry, rulers, and piggy banks raked in a grant total of $2 million for the inaugural committee. Even before the tchotchke change, the committee was already debt-free—the $53 million in individual donations disclosed earlier this week put total fundraising well ahead of the $50 million cost of the swearing-in.

A shirt showing Obama is seen displayed for sale at a souvenir shop in Paris last month.
A shirt showing Obama is seen displayed for sale at a souvenir shop in Paris last month.   (AP Photo/Muhammed Muheisen)
A spectator in Washington waves a souvenir Barack Obama flag prior to the inauguration.
A spectator in Washington waves a souvenir Barack Obama flag prior to the inauguration.   (AP Photo/Evan Agostini)
Flip-flop footwear bearing the image of Democratic presidential candidate Barack Obama are shown last fall in downtown Denver.
Flip-flop footwear bearing the image of Democratic presidential candidate Barack Obama are shown last fall in downtown Denver.   (AP Photo/Ted S. Warren)
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