Happy Birthday Mr. President!

As the economy threatens collapse President Obama celebrates signing debt deal with lavish 50th birthday dinner (featuring Jennifer Hudson)

• ·         President to host massive birthday dinner in Chicago this evening, featuring a star turn by singer Jennifer Hudson
• ·         Held at $40,000 a night ballroom with tickets $35,800 per person
• ·         1,167 house parties organised across country in his honour
• ·         As if that wasn't enough, 'intimate' party on White House lawn planned for tomorrow
• ·         Celebration despite major blow as Chinese leading credit agency downgrades U.S. rating
• Stock market on longest losing streak since meltdown three years ago