Friday, June 11, 2004

Reagan's Funeral -- the most expensive funeral ever?

Waves of Mourners Honor Reagan in D.C.

It's probably impolite to ask this, but it is an interesting question nonetheless: What will be the total cost of Reagan's funeral?

First, there's the cost of flying the coffin around. According to this article, Air Force One costs $56,800-per-hour to operate. Figure it's operating 20 hours to fly the coffin around and that's over a million bucks there.

Then there is the federal holiday that President Bush declared. According to this article:To make the math easy, let's assume that it's two million people affected by this decree, and they make an average of $200 per day. Both of those numbers are low (the U.S. post office alone has over 800,000 employees), but that totals $400 million.

Then, because today was declared a national day of mourning, Wall street followed Washington's lead, so the markets are closed today. Heaven help you if you were planning a stock trading strategy around trading on June 11. Let's say this and its ripple effects are worth another $400 million.

Then there's the cost of the funeral itself...

And all of the extra security around the funeral and the viewings...

Plus the cost of all of the media coverage...

It's a lot of money. It will probably approach a billion dollars when it is all said and done.

Is it a world record?

Excellent discussion on currency trading. I bookmarked your blog. I have my own currency trading blog if you want to take a look.
Exquisite information on currency trading. I have a currency trading secrets blog if you want to see some cool stuff.
Very nice work on your blog, It was fun to read! I am still not done reading everything, but I bookmarked you! I really like reading about currency trading and I even have an currency trading secrets blog if you want some more content to discuss.
I really like your conversation on currency trading. I have a currency trading secrets blog if you wanna come on over and check my stuff out.
Your blog is great! It's hard to find blogs with good content and people talking about currency trading these days! I have a secret currency trading blog if you want to come check it out
Hi i am totally blown away with the blogs people have created its so much fun to read alot of good info and you have also one of the best blogs !! Have some time check my link to !!Making money fast and easy
Thought you would like this. make money on the web

Thanks for the info, I added you to my favorites.

If you are interested in business home own start work I have a business home own start work site.

Feel free to drop by and tell me what you think.
Hey, you have a great blog here! I'm definitely going to bookmark you!
What a Great Blog! I'm definitely going to bookmark you! I have a make money online free site. It pretty much covers make money online free related stuff.

Come and check it out if you get time :-)
Youth is warcraft leveling not a time of life;warcraft leveling it is a wow lvl state of mind; wow power level it is not power leveling amatter of World of warcraft Power Leveling rosy cheeks, red wrath of the lich king power leveling lips and supple knees;WOTLK Power Leveling it is a matter of thewill,wlk Power Leveling a quality of buy aoc gold the imagination,aoc gold a vigor of the emotions; it is thefreshness of the deep springs wow gold of life. Youth means a tempera-mental maplestory mesos predominance of courage over timidity, of the appetite formaple story mesos adventure over the love of ease. wow gold This often existsin a man of 60 more than a boy of 20. Nobody grows old merely by anumber of years.
Post a Comment

<< Home
ARCHIVES © Copyright 2003-2005 by Marshall Brain


This page is powered by Blogger. Isn't yours?