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MONDAY, NOVEMBER 23, 2009
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'Inaugurabilia' Reaps $2M for Ceremonies

Ceremonies fully funded by trinkets, donations

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(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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TerrifiedCitizen
Apr 22, 09 1:15 PM CDT
Leveling the financial playing field for campaigns should be as high if not higher than other issues... we don't need to find ourselves back in the Bush leagues because of no election reforms. Reply
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