It's not a party, it's a coronation! Who does she think she is, Nancy Napoleon Pelosi? Pope Pelosi? Queen Nancy the First?
It is for the foreign press.
This is akin to a New PRIME MINISTER being elected. Pelosi wants to ACT like its an inaguration in order to appear as if she is the legislative prime minister.
It certainly makes Harry Reid look like Nancy Pelosi's bitch.