Hi All,

We just got back from checking out the Obama related bru-ha ha in downtown DC. While the Obama inauguration has been heralded by many as a new era for the United States, if the action along the way to downtown is any indication, trade will be alive and well in the post Bush years.   Today everyone and their uncle was trying make some money peddling food, coffee and hot chocolate, Obama apparel and political buttons to the massive crowds.

Here are some of the booths selling snacks. You can see from the steam rising that its a pretty chilly day.

Coke, ZipCar and Dunkin Doughnuts got in on the action…

Here are a couple of the guys selling t-shirts. There were a ton of vendors trying to unload t-shirts on the crowd. The price dropped from 10 dollars to 5 over the course of the day so I’m thinking these two guys didn’t make that much money.

Finally, those entrepreneurs that did decide to invest some capital into the event certainly had the crowd numbers right. The newspapers are saying there were over a million people – I think that’s probably a pretty good number.  Here is a shot of the sea of people trying to get past one of the checkpoints. 

Best,

James

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