No inauguration party for standing President.

A great point was made today, why does America have an Inauguration Party for a standing President elected to a second term? It is an outlandish and absurd waste of money, especially at a time when the World - America included - is strapped for cash. It would seem Congress should rule on this and pass a law that states if a standing President is re-elected, simply an Oath of Office is taken, as it was on Sunday, and the Pomp and Circumstance is left to the individuals.

Is there someone out there who thinks hundreds of millions of dollars on today's events is worth it? We're facing a 16T debt, 7+% unemployment and a fiscal cliff, yet blowing dollars on a party. Seems insane to say the least.

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