“We’ve learned that the White House employs three calligraphers, who cumulatively earn $277,000 a year,” reported Strassel. “The Environmental Protection Agency gave $141,000 to fund a Chinese study on swine manure. Part of a $325,000 National Science Foundation outlay went to building a robotic squirrel.”And today we learn Mr Obama, following his trip to Israel, gave another $500 million to the Palestinians. That equates to 50,000 days of White House tours. Divide those 50,000 days by 360 days (I assume even fewer days than that are actually open due to official events, Lincoln bedroom commitments, etc), but 50,000 / 365 = 140 years of White House tours.
Actually more because until the 2nd through 140th year-money would be needed, it could be invested in GE stock, paying 3.3% dividend, and potential for share appreciation over those 140 years. [3.3% of $500 million = $16 million = 1,650 White House tours = almost 5 years of White House tours.]
I assume most of the $500 million will end up in Cyprus banks.
When will this craziness end?
"Make the sequester as painful as possible." -- President Obama.
Meanwhile, the cost to fly vice-president Biden one-way to his home in Delaware each weekend costs about $10,000, the cost for one day of White House tours. Eliminating a vice-presidential round trip to Delaware each weekend would pay for two days of White House tours.