I think it is a very sad testament to the state of affairs in this country when John Kerry, has the audacity to make the following assertion: Bloomberg
” Last week, when American taxpayers learned that a bank receiving Troubled Asset Relief Program funds had thrown a lavish bash and spared no expense to celebrate with the bands Chicago and Earth, Wind & Fire, I introduced legislation based on a simple concept: if a company accepts bailout funds from the taxpayer, it can’t waste money on lavish parties, expensive dinners and Tiffany trinkets.”
he goes on to say
“During these difficult economic times, in which 3.6 million jobs have been lost in just over a year, I believe companies receiving taxpayer assistance should be focused on easing the credit crisis by increasing lending.”
Meanwhile on the other side of the Hill: AP
Since the presidency changed hands less than six weeks ago, a burst of entertaining has taken hold of the iconic, white-columned home of America’s head of state. Much of it comes on Wednesdays.
Bookending the midweek activity were a Super Bowl party for select Democratic and Republican lawmakers and a dinner for governors, the new administration’s first black-tie affair. It was capped with a performance by the 1970s pop group Earth, Wind and Fire. And a conga line.
Obama (and the) chief executives had dined on Maryland crab, Wagyu beef, Nantucket scallops and citrus salad.

Now I don’t know about you, but last I checked, both the White House budget and the the TARP funds come from taxpayer dollars. Not sure how fancy the TARP receipients dinner was, but I can’t see how it could have cost more than a dinner that included Maryland crab, Wagyu beef and Nantucket scallops.
So how about John Kerry actually stands for something and states “The White House can’t waste taxpayer money on lavish parties, expensive dinners and Tiffany trinkets.”
Then again, I forgot, in today’s Democratic party, it’s a case of “Do as I say, and don’t do as I do…”