Wednesday, October 27, 2010

Spending Your Money And Mine

No wonder India is delighted with Barack Obama's upcoming visit. The local economy will benefit to the tune of INR (Indian Rupees) 15 lakh per hour.

And how much is INR 15 lakh? The word lakh means 100,000. At current exchange rates, INR 15 lakh = INR 1,500,000 = US$33,608.93.

PER HOUR.

That doesn't include money spent on this side of the pond. When Marie Antoinette Michelle Obama went to Spain, the cost of using Air Force One/Two was listed at $11,351 per hour. We'll probably never know how big the bill is for the rest of the India entourage. Seems the Secret Service refuses to divulge the costs of providing security, lest anyone use them to estimate the level of protection.

And where did all this money come from? Your taxpayer dollars and mine.

Midterm elections are six days away. Time to start chipping away at the rot.

1 comment:

Linoge said...

Well, Our Glorious President did say he wanted to stimulate the economy... Apparently he was not confining himself to just America's, and he meant "stimulate" in more than one way...

*sigh* I really, really wish November was going to be the upset a lot of people are making it out to be, but I am just not seeing it...