'Inaugurabilia' Reaps $2M for Ceremonies

Ceremonies fully funded by trinkets, donations
By Newser Editors and Wire Services
Posted Apr 22, 2009 11:31 AM CDT
'Inaugurabilia' Reaps $2M for Ceremonies
A shirt showing Obama is seen displayed for sale at a souvenir shop in Paris last month.   (AP Photo/Muhammed Muheisen)

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. (More Barack Obama stories.)

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