Washington, D.C.--Congressional Democrats have begun an annual "Burning Money" event held on the steps of the U.S. Capitol.
The event -- modeled on the popular "Burning Man" festival held in the Nevada desert -- is described as "an experimental community based on radical irresponsibility."
Festival attendees are held to the principles of Burning Money, which include using only other people's resources, taking part in an economy based on earmarks, and leaving no trace of corruption following the event.
Event organizers say it began with Speaker of the House Nancy Pelosi's spontaneously autocratic decision to assemble the $1 trillion federal spending bill into the image of a hapless taxpayer and set it on fire in a ritualistic celebration of spending abandon.
"We hope this tradition is carried on as long as there's money to burn," said Pelosi.
Associated article: Reuters
Wednesday, September 8, 2010
Democrats Hold First Annual Burning Money Festival
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federal spending
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