Skip to comments.OBAMA BUYS $40 MILLION ESTATE IN HAWAII
Posted on 10/31/2012 5:57:39 AM PDT by IbJensen
President Obama and his wife just closed on a mansion in Hawaii and plan to move in January 2013!
Barack and Michelle Obama will be moving to Hawaii in January of 2013. They have just purchase an estate in close proximity to land owned by the University of Hawaii, where the Obama presidential library and political center will be located. The estate is valued at $40 million.
This story was broken by Hillbuzz.org .
Reports out of Washington are that Barack and Michelle are counting on a loss in November and are anxious to return to Hawaii to start their new life. They want the kids to attend high school in Hawaii, and they want to be as far away from Washington as possible, said a source in the White House.
Michelle does not want to move back to Chicago and its winters and Michelles mother, whos been living in the White House with her daughter and her family, is absolutely thrilled to be relocating to Hawaii.
In fact, Michelle Obamas mother, Marian Robinson, has been bragging about getting to live in Hawaii next, in a $40 million beachfront mansion after leaving the White House. It was fun while it lasted, Miss Marion is quoted by Chicagoans as saying, but wait until you see the place theyre buying for Michelle and Barack!
Here she is with a picture of their mansion in Hawaii:
For the past year, Democrats have been working on locating acceptable property in Hawaii for the Obamas to live. The land and its complex of buildings will be ready to move-into in January and has met all the requirements the Secret Service demands since the Obamas will be granted continued protection, by law, for nine years after Barack leaves office.
The Reagans, Clintons, and second Bush family all had their post-presidential homes purchased quietly on the side by friends when their times in office were coming to an end. The Obamas are doing the same thing now.
The woman who is organizing the funding of the Obamas post-presidential estate is Penny Pritzker (pictured above with the Obamas). She is also in charge of raising the donations for Obamas presidential library and museum. Pritzker is a billionaire who in recent years resolved a long-standing family feud over her late fathers vast business empire that includes the Hyatt Hotel chain as well as assorted manufacturing operations.
The wealthiest families in Chicago are being leaned on heavily to contribute with Penny aggressively guilting them with appeals of you dont want the President to be homeless in January, do you?
Theres a movie theater in the mansion and it already is set up to play ALL of Obamas speeches over the last 20 years in a continuous loop.
Joe Biden was also interested in buying a house in Hawaii, but the Obamas are encouraging him to find a place in Florida. Joe will be much happier there and the Obamas well, theyve seen enough of Joe, said a source in the White House.
Even though the polls in the Presidential election are close, President Obama is already making his plans for January.
SO, the Obamas will be leaving the White House soon
Hawaii, here they come!
wrong.....Porkulus buys Odungo 40 million dollar estate
That presidential gig must pay better than I thought.
Provided he’s not in jail.
You don’t buy a $40 million home if you’re going to stay around in Washington four more years.
Weekly World News. Fantasy rag.
Kenya is even farther.... I'm just saying......
This is very good news—good riddance.
this magazine is as trashy a tab as you get. not buying this story.
So what are the taxes on this gift and who pays them?
They can also investigate and indict Nancy Pelosi and Harry Reid, along with major media personnel who co-conspired in the "Great Obama Fraud (tm)."
Wait a sec, he only earns $400,000 a year as Preisdent. I’m guessing he had a lot saved up?
Pretty nice digs for a traitor with American blood on his hands. I guess living with himself isn’t a problem since he obviously doesn’t have a conscience.
Not sure if there are bad enough words to describe this situation.
True, but odds are it’s a gift from Bejing, Havana, or Caracas.
But Obama is poor. Mooshelle said so.
And Obama doesn’t have good retirement. He said so (it’s not as big as Romney’s).
Obama is so, so very poor.
Destroying America must pay very well. Well, it did for Jeremiah Wright.
What part of this estate will be purchased by Tony Reako’s wife like the Obama home in Chicago where she bought the lot next door so they could buy the house?
Is this RAT witch raising funds for Ty Woods or Glenn Daugherty’s families or the others murdered by Bam’s “do nothing” orders in Benghazi??? Of course, NOT!
From your lips to God’s ear
For him, the presidency was always about the bling, the perks, and of course, the power.
It was NEVER about the responsibilities involved.
How in God's name does a community organizer, politician, agitator get the money to buy a forty million dollar ($40,000,000) mansion? I suspect kickbacks from places like Solendra, Fisker Automotive and all the others. A million here and a million there and SHAZAM pretty soon you have a couple hundred million to retire on.
I tried to find a better source for this story, but no great luck. HillBuzz has been covering it a lot, for what it’s worth.
If the story is true—GOOD RIDDANCE!!!! I’d rather see him tried for treason, but just getting him far, far away from the rest of us would be very welcome!!!!
Makes Romney’s San Deigo home look like a damn railroad shanty. I wonder what the left has to say about Obama’s largess. Is that home LEED platinum? Ha. Ha. I assume the windmill and solar panels are hidden from photographic view because I just know this house isn’t run on dinosaur fuels.
I figured the BHO Presidential library would be located in Indonesia?
But at least Hawaii is a 12 hour plane ride from anywhere in the lower 48 - so MAYBE we won’t see as much of the ex-President Obama as we have of ex-President Clinton.
I thought that he couldn’t even afford arugula.
weekly world news? I’d give the Nat Enquirer more weight... if true that would be a very inconsiderate move. Obviously the first black president would have a lot of minority citizens interested in visiting his library. Hawaii is not exactly an affordable destination for most Americans.... I would have thought he would build in Chicago.
This is satire, right?
It’s getting harder and harder to tell these days.
Sandy part two
Actually, if you read De Souza (I think), 0bama’s upbringing consistent of exclusive neighborhoods, exclusive private schools, privilege, set asides, and no privation whatsoever.
Are they planning to buy the kids a VW microbus to use as a choom wagon?
I wouldn’t put too much faith in this. This is the same “newspaper” that “discovered” a WWII bomber on the moon some years ago.
Boy a life of “public service” is certainly lucrative
I wish I could afford a $40million house - without ever doing any real work in my life
Hawaii is about 5 hours from LAX by air ... a little over 2500 miles. Sydney Australia from LAX is about 12 hours.
Just a week ago it was being reported as a $35 million estate.
“See, I fixed the housing market!” /sarc
Since he obviously purchased it with money he stole from us taxpayers, does that mean we get to stay there any time we want? This fraud should be tried as an Enemy of the people and rot in prison instead of living in palatial luxury for the rest of his days. Will this “man” ever see justice?
Ahh the joys of redistributing other people’s wealth while hoarding your own. Priceless.
“...wait until you see the place theyre buying for Michelle and Barack!”
Who are the “they” who are buying a house for the evil ones?
Here is how it works, a leftist like Barack writes book. It actuality it sells about 50,000 copies. Then a left wing philanthropist “buys” a million more copies. But he tells the publisher not to bother printing them. The money gets funneled back to the author.
Compared to what we pass off as newspapers now?
Oh, I agree.
I was just parodying the Obama Nativity Story(tm) sold to so many blind fools in the USA.
you're neglecting TSA delays and on the ground delays when AF1 is near/at the airport.
I assume that this purchase constitutes Obama’s concession speech.
you dont want the President to be homeless in January, do you? .....Uh, actually YES.
$40 million? The POTUS makes $400k per year. His 2 years as US Senator earned him a total of about $400k.
To quote himself, “The math doesn’t work.”
Wait, are you saying Pritzger's Lanikai purchase fell through? Where did you read that?
OK, what’s the real story? It was reported they weren’t buying this estate.
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