This Presidential Library Thing is Out of Control
Democrats in Illinois plan to spend — get this — $100,000,000.00 to lure Barack Obama’s presidential library to the state:
The Democrats, who run this state, regularly fret over Illinois’s financial woes — the unpaid bills, the mortifying credit ratings, the benefits cuts to save one of the nation’s most underfunded pension systems. But then there is the dream of becoming home to Barack Obama’s presidential library, which is, it seems, a whole different matter.
“In this case, we’re talking about a son of Illinois who became president of the United States,” Michael J. Madigan, the longtime Democratic speaker of the Illinois House, said on Wednesday, urging fellow lawmakers to pledge $100 million in state money [as in taxpayer dollars] as a way to help lure the presidential library here — and away from other states with claims on the president’s history, like New York and Hawaii.
That’s fu*ked up. But it gets worse:
Richard Nixon’s presidential library cost $25,000,000. Jimmy Carter’s presidential library cost $26,000,000. George H. W. Bush’s presidential library cost $43,000,000. Bill Clinton’s presidential library cost $165,000,000. George W. Bush’s presidential library cost $250,000,000. The estimated cost of building Obama’s presidential library are coming in at $500,000,000.
A half a billion dollars for a presidential library.
The presidential library is like the American version of the pyramids.