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Who is Funding the $35M HI Estate for the Obamas' Move Jan 2013?
Hillbuzz ^ | September 2, 2012 | Kevin DuJan

Posted on 09/04/2012 4:19:18 AM PDT by Seattle Conservative

Actual Title of Article from Hillbuzz (shortened for FR requirements): Who Is Funding the Purchase of the $35 million Beachfront Hawaiian Estate for Barack and Michelle Obama to Move into Come January 2013?

I’ve done some more digging here in Chicago on the story we brought you on Friday about plans currently underway to purchase a $35 million beachfront estate on the island of Oahu in a part of Hawaii called “Kailua” for the Obama family to move into in January 2013 when they leave the White House.

>snip

The woman who is organizing the funding of the Obama’s post-presidential estate is Penny Pritzker (pictured above, in between the worst President since Jimmy Carter and a woman who only dresses appropriately on Halloween or April Fool’s Day), who is also in charge of raising the donations for Obama’s presidential library and museum. The two are more or less the same project, with the priority being to get the $35 million together to fund the purchase of the Obamas’ new home. It appears that Pritzker herself may contribute up to half of the total purchase price, making up the difference from whatever the Obamas could not afford and the fundraising wouldn’t cover. Pritzker is a billionaire who in recent years resolved a long-standing family feud over her late father’s 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 don’t want the President to be homeless in January, do you?”. That’s more or less an exact quote from Penny, if my source within her social group is not paraphrasing.

More below and at: Read more http://hillbuzz.org/who-is-funding-the-purchase-of-the-35-million-beachfront-hawaiian-estate-for-barack-and-michelle-obama-to-move-into-come-january-2013-2013

(Excerpt) Read more at hillbuzz.org ...


TOPICS: Editorial; News/Current Events; US: Hawaii; US: Illinois
KEYWORDS: elections; hi; il; obama
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Fundraising has been lackluster, though, as there is not much interest in helping to fund either the presidential library or the Obama’s new home since Chicagoans are feeling stabbed in the back that the Obamas are abandoning Illinois for the warmer clime of Hawaii; the general consensus is that Chicagoans are waking up to the fact that the Obamas have gotten everything they could out of Chicago and are now moving on to bigger and greener pastures. Kailua offers them all the fancy restaurants, the shopping, the golf, and other amenities they like plus the sunny weather they love and it’s closer to the Pacific and Middle East where Obama believes he’ll command the highest speaking fees as an ex-US president who’ll happily denounce America for years to come for paying foreign crowds, in much the way that Jimmy Carter has earned his living since 1981.

You might not realize this, but this is actually not the first time someone in Chicago has helped the Obamas buy a house beyond their financial reach: convicted felon and Chicago machine political “fixer” Tony Rezko helped the Obamas assemble the funding for the home they currently own in Chicago’s murder and robbery-prone neighborhood known as Hyde Park. Penny Pritzker is making aggressive use of the recent headlines about gunshots being fired and people killed just two blocks or so away from the Obamas’ Hyde Park home, with Pritzker saying, “You don’t want them moving back where there’s gunfire, do you? DO YOU?”.

End of Excerpt+++++++++++

There were a few threads on FR on Kevin's (Hillbuzz) article on the house in Hawaii that the Obama's would move into in January 2013.

Here's one: http://www.freerepublic.com/focus/f-chat/2925740/posts?q=1&;page=51

I remebered hearing the Pritzker name but couldn't remember why. I did a little research (searched her name on bing.com), and here are a couple of the items I found:

According to Wikipedia, she's the finance chair of the Obama 2012 campaign and was considered for Commerce Secretary. "However, it was later reported that because of her involvement in the failure of subprime lender Superior Bank, Pritzker took herself out of the running." In addition, it states, "Pritzker is involved in the reform of Chicago’s public education system. Currently she is chair[12][13] of the Chicago Public Education Fund, the successor organization to the Chicago Annenberg Challenge."

In addition, "Accused of looting family trusts, Ms. Pritzker and cousins Tom and Nick were sued by cousin Liesel Pritzker and Matthew Pritzker who claimed fraud and sought damages in excess of $6 billion.[28] In early 2005, the parties settled the lawsuit which led to the family fortune being split 11 ways, resulting in 10 more Pritzkers joining the Forbes 400; the most members of any family.[29] Under the settlement, Liesel and Matthew each received roughly U.S. $280 million in cash and were given more control over other trusts valued at about U.S. $170 million each."

More here: https://en.wikipedia.org/wiki/Penny_Pritzker

Link to opensecrets re her Dim financing and her bundling for The Won): http://www.opensecrets.org/usearch/index.php?q=pritzker&cx=010677907462955562473%3Anlldkv0jvam&cof=FORID%3A11&searchButt_clean.x=61&searchButt_clean.y=39

Here's a FR Thread from July 2012: Obama Crosses Picket Line - Hotel Mogul Pritzker Gets Ride on Air Force One... http://www.freerepublic.com/focus/f-chat/2925740/posts?q=1&;page=51

1 posted on 09/04/2012 4:19:24 AM PDT by Seattle Conservative
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To: Seattle Conservative

I’d contribute $25 to get him out of MY White House, he can’t keep his feet off MY furniture.


2 posted on 09/04/2012 4:24:54 AM PDT by ThePatriotsFlag (The hotter the TEA, the stronger......and I'm boiling!)
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To: Seattle Conservative
Kevin, nice to see your posts here on FR regularly.
I read HillBuzz everyday since the 2008 election cycle.
Keep up the good work.
3 posted on 09/04/2012 4:25:12 AM PDT by fedupjohn (America...Designed by Geniuses...Now run by Idiots..Palin 2012...I wish)
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To: Seattle Conservative
[B]etween the worst President since Jimmy Carter and a woman who only dresses appropriately on Halloween or April Fool’s Day)

Who could that possibly be?

In the future, the rest of us would appreciate a "swallow coffee before reading" tag on these posts, especially those of us on a laptop. Is that too much to ask?

4 posted on 09/04/2012 4:26:04 AM PDT by Lonesome in Massachussets (The Democratic Party strongly supports full civil rights for necro-Americans!)
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To: Lonesome in Massachussets
the worst President since Jimmy Carter

Not fair!!!! Carter was a much, much better president.

5 posted on 09/04/2012 4:30:09 AM PDT by Lonesome in Massachussets (The Democratic Party strongly supports full civil rights for necro-Americans!)
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To: Lonesome in Massachussets

“swallow coffee before reading” tag

Did somebody say “Coffee”?


6 posted on 09/04/2012 4:30:30 AM PDT by Darksheare (Try my coffee, first one's free.....)
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To: Lonesome in Massachussets
" a woman who only dresses appropriately on Halloween or April Fool’s Day "

Now THAT'S reporting.

7 posted on 09/04/2012 4:32:54 AM PDT by knarf (I say things that are true ... I have no proof ... but they're true)
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To: Seattle Conservative

Romney was just handed an amazing gift. Obama is fleeing the Chicago home he purchased through convicted felon Rezko to purchase a $35,000,000 estate in Hawaii. The hypocritical, so-called champion of the middle class living like a one percenter should go over should go over big.


8 posted on 09/04/2012 4:38:23 AM PDT by jersey117
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To: Seattle Conservative

” ...move into in January 2013 when they leave the White House...”

***

Do the Obamas really anticipate losing the election? Or are they looking for a place to vacation, which, during his four years in office, was about every other week?


9 posted on 09/04/2012 4:45:08 AM PDT by fatnotlazy
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To: Seattle Conservative

can we get an ALO-HA???!!
Actually I love Hawaii, and prolly won’t go visit if they are there.
Always thought they’d live in another country, less mean than this one.


10 posted on 09/04/2012 4:50:17 AM PDT by ronniesgal ( I miss George Bush. Hell, I miss Bill Clinton!!)
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To: Seattle Conservative

Who’s buying 0bama a hawaii home??
My guess, the Chicago Mob


11 posted on 09/04/2012 4:59:13 AM PDT by Steven Tyler
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To: Seattle Conservative

Actually, I would consider that a bargain for us taxpayers, if it meant we didn’t have to fund their lavish vacations for the next 4 years.


12 posted on 09/04/2012 5:10:27 AM PDT by Grammy
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To: Seattle Conservative

I do NOT belive this story that the Obama’s are going to move to Hawaii......they are NEVER leaving the White House.


13 posted on 09/04/2012 5:10:51 AM PDT by Ann Archy ( ABORTION...the HUMAN Sacrifice to the god of Convenience.)
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To: Steven Tyler
Who’s buying 0bama a hawaii home??

AFLCIO, Teamsters, and UAW workers.

14 posted on 09/04/2012 5:15:09 AM PDT by showme_the_Glory (ILLEGAL: prohibited by law. ALIEN: Owing political allegiance to another country or government)
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To: Seattle Conservative

They probably plan to charge the SS “rent” for their garage that amounts to 70% of the mortgage.

The Clintons did it in Chappaqua.


15 posted on 09/04/2012 5:16:15 AM PDT by NY.SS-Bar9
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To: Seattle Conservative; xsmommy

Hillbuzz! Love that site


16 posted on 09/04/2012 5:20:16 AM PDT by WhyisaTexasgirlinPA (ABO)
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To: Lonesome in Massachussets

Not fair!!!! Carter was a much, much better president.

That is a crap statement. I still think Carter was worse. Obama is runner up. I hated the Carter Presidency and still to this day can’t stand him. Obama is a close second...no waiting in line for gas.


17 posted on 09/04/2012 5:31:32 AM PDT by napscoordinator (Paul Ryan/Rick Santorum 2012....That would be the best scenario ever.)
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To: napscoordinator

We had gas lines under Nixon, too. Price controls will do that.


18 posted on 09/04/2012 5:37:02 AM PDT by Lonesome in Massachussets (The Democratic Party strongly supports full civil rights for necro-Americans!)
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To: napscoordinator

Gas lines are easily remedied by removing price controls. The damage inflicted by Obama will be more persistent.


19 posted on 09/04/2012 5:38:15 AM PDT by Lonesome in Massachussets (The Democratic Party strongly supports full civil rights for necro-Americans!)
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To: Seattle Conservative

“There is no hope of Obama winning the election, and though the corrupt media and Democrats will never admit it, behind the scenes those close to the Obamas have thrown in the towel and are helping plan the Hawaiian move four years earlier than they anticipated just a few months ago.”

Hope this excerpt is correct.
Also who bought the Bush or Ragan familys a home to meet their “new stature in life” after leaving the White House.I believe they already had pretty nice digs could be wrong?


20 posted on 09/04/2012 5:39:58 AM PDT by CGASMIA68
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To: Lonesome in Massachussets

We had gas lines under Nixon, too. Price controls will do that.

I don’t remember that. Although I was born in 1969 so that probably explains that. lol.


21 posted on 09/04/2012 5:47:54 AM PDT by napscoordinator (Paul Ryan/Rick Santorum 2012....That would be the best scenario ever.)
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To: All

COC web site---Aloha and Welcome. The beach at dusk is a unique experience in Kailua. Many Kailuans will be there, watching the sunset and the moonrise, which is quite spectacular, especially during the full moon phase. As the sun goes down behind the Koolau, very often the sky turns red, tinting the puffy clouds pink. As you walk in any direction of the 3 mile expanse of soft white sand, water lapping at your feet, you will see the moon rise and realize there is no where else on earth quite like Kailua.

We in Kailua like to think of our town as the most wonderful place in the world. We are truly blessed with nature, beauty and good people. Kailua has many natural wonders like the Mokulua Islands, Kawainui Marshland, Mount Olomana, sacred ancient Hawaiian sites, many parks, playgrounds, unique businesses, beautiful beaches and an outstanding quality of life. Our eclectic population of more than 50,000 are from all walks of life and all cultures with approximately 1,500 small businesses.

22 posted on 09/04/2012 5:57:33 AM PDT by Liz
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To: Liz

I’ve been to Kailua and loved it. For the most part it struck me as a middle class, suburban town (with a REALLY nice beach). I am sure there are a few spectacular estates on the roads near the beach. I never saw them though. It seems like a great place to raise a family.


23 posted on 09/04/2012 6:06:17 AM PDT by PrincessB (Drill Baby Drill.)
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To: ronniesgal

Hawai’i is as close as they could get to another country.

When I first read all this, I thought “Good. Put them as far away as possible.” Then, I thought:”They know just how bad things are going to get in the USA. They figure they can get supplied via China and Asia when the US mainland goes down economically.”

We decided not to visit Hawai’i again after they established their Honor Islam Day or whatever it was called.

I would actually like to see the zer0s homeless or coping w/gunfire in their neighborhood.


24 posted on 09/04/2012 6:07:40 AM PDT by reformedliberal
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To: Seattle Conservative

Thought about chipping in a quarter, provided they would promise to leave the U.S. permanently, but then the 47 fictional counties that got stimulus money and other “perks” on taxpayer dime are probably more than adequate to buy them the lifestyle they unfairly imagine they deserve. I hope the Just God will see to it that they end their lives in poverty, and Michelle’s spending habits could just do it to them.


25 posted on 09/04/2012 6:15:48 AM PDT by Missouri gal
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To: knarf

What about Dress Like a Pirate Day?


26 posted on 09/04/2012 6:17:06 AM PDT by TimF
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To: t1b8zs

“Hope this excerpt is correct.
Also who bought the Bush or Ragan familys a home to meet their “new stature in life” after leaving the White House.I believe they already had pretty nice digs could be wrong?”

I was a bit surprised about that as I know President Bush had the Crawford Ranch and President Reagan had his CA ranch. Kevin included the below in his article (I’m not sure if it’s true or not - will need to do a little research - but he’s pretty good at research). I believe that both of the former Presidents had sufficint funds to purchase their own homes.

Kevin included the following:
“Ronald Reagan’s California pals assembled a funding operation to buy Nancy and him their post-presidential ranch. The Clintons used Bill’s book advance to buy their new home and the Bushes had their friends help them secure the place they moved into in suburban Dallas.”

Note: apparently the Regan ranch referred to in Kevin’s quote is the one next to the presidential library in Simi Valley, not the one he previously owned in Santa Barbara.


27 posted on 09/04/2012 6:19:11 AM PDT by Seattle Conservative (God Bless and protect our troops)
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To: Seattle Conservative

““appeals of you don’t want the President to be homeless in January, do you?””

That’s not and entirely unappealing thought.

You’ve gone to the finest schools Miss Lonely
But you know you only used to get juiced in it
Nobody ever taught you how to live out on the street
And now you’re gonna have to get used to it.

Nice fantasy. But in reality, he will live comfortably for the rest of his life on huge speaking fees funded by left-wing groups. Like Jimmy Carter, his theme will be how awful America is, how stupid it was not to reelect him, how the Jews and Israel took him down, and how non-progressives are awful, mean people. Obama will add to Carter’s refrain an overlay of explicit racism.


28 posted on 09/04/2012 6:19:36 AM PDT by ModelBreaker
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To: Lonesome in Massachussets

“Gas lines are easily remedied by removing price controls. The damage inflicted by Obama will be more persistent.”

And, Obama stood on the shoulders of the giants who came before him—Woodrow Wilson, Teddy Roosevelt, FDR, LBJ, Nixon and the post-Watergate congress, Jimmy Carter and Bill Clinton. Without the infrastructure they built, it would have been impossible for him to wreck havoc nearly as effectively.


29 posted on 09/04/2012 6:24:10 AM PDT by ModelBreaker
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To: fedupjohn

Just for the record, (or, as The Won would say, “just to be clear”), I’m not Kevin but I agree that he does a great job on his site!


30 posted on 09/04/2012 6:25:12 AM PDT by Seattle Conservative (God Bless and protect our troops)
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To: Lonesome in Massachussets

I apologize for not providing a warning - hope your laptop is OK :-)

Kevin started a section on Hilbuzz some time ago (IIRC it wasn’t too long after the last election). If you’re not offended by pictures of drag queens, you might find this interesting (WARNING: place all liquids down and away from your computer before viewing):

Who’s Dressed Better - Michelle Obama global fashion icon:
http://hillbuzz.org/whos-dressed-better


31 posted on 09/04/2012 6:30:48 AM PDT by Seattle Conservative (God Bless and protect our troops)
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To: NY.SS-Bar9

“They probably plan to charge the SS “rent” for their garage that amounts to 70% of the mortgage.”

That wouldn’t surprise me in the least! It will also help to pay for some of Moochelle ma belle’s vacations to Spain, Indonesia, China, etc.

If the OBummers move to this house, someone should put a sign out front: You Didn’t Build It


32 posted on 09/04/2012 6:38:13 AM PDT by Seattle Conservative (God Bless and protect our troops)
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To: Seattle Conservative; mickie; Chigirl 26; prairiebreeze; Bushbacker1; oswegodeee; flaglady47
There are two reasons this Hawaiian estate stuff is being leaked now. First is to get the money for his palatial digs while the iron is hot. If he loses the election, he loses any hope of a multi-million dollar estate on lavish grounds in the island state.

Equally important, by turning the public's attention to a potential new home in Hawaii he is effectively distancing himself as far as he can from his war-zone Chicago digs. It's no longer cool or politically productive to be from this corrupt city.

I have little doubt the rather run-of-the mill, hardly-attractive home in the crime-laden south side of the mostly frigid, windy city is already privately up for sale.....and the first couple will return there only to pack up their things and steal the copper wiring out of the walls.

Leni

33 posted on 09/04/2012 6:43:47 AM PDT by MinuteGal
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To: Seattle Conservative

I think Pritzker must know a lot more than the media is telling us.


34 posted on 09/04/2012 6:50:52 AM PDT by chainsaw ("Two ways to conquer and enslave a nation. One is by the sword. The other is by debt.")
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To: napscoordinator

Hell, I was born in 57 and I never saw any gas lines under Nixon. Started driving in 1973, and gas was 29.9 cents. The first gas lines I ever saw was when I was in college about 1976.

If there were any gas lines before that, I’d like to hear about it, cause I don’t think there were any in my area, at least.


35 posted on 09/04/2012 7:14:04 AM PDT by nobamanomore
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To: napscoordinator

Naps...
Seeing as you are located near USNA, I thought you might like this...
My dad is Class of ‘47, Carter’s class, and the amount of kow-towing the alums from that class give to Carter is stunning.
Granted, they’re a bit long in the tooth these days but cripes! It really gets to be much a lot of the time...sycophants even in Boat School.


36 posted on 09/04/2012 7:14:55 AM PDT by matginzac
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To: Seattle Conservative

If the OBummers move to this house, someone should put a sign out front: You Didn’t Build It

I’d rather the sign say “You didn’t BUY it.”


37 posted on 09/04/2012 7:15:03 AM PDT by IM2MAD
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To: napscoordinator

You are such a baby! Born in ‘69, cripes!


38 posted on 09/04/2012 7:16:39 AM PDT by matginzac
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To: reformedliberal

And with Abercrombie as gov who is absolutely certifiable loon.
One message to Abercrombie...
Show us the REAL birth certificate!!!


39 posted on 09/04/2012 7:19:14 AM PDT by matginzac
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To: matginzac

Wow. That is pretty cool. You know it could be that the class is remembering the guy who was their shipmate more than the guy who became President. Do I think Carter is a good guy deep down? Probably, but he was so inadequate as a President and just didn’t have a clue how to run the country which is even weirder since he was governor of a state, but maybe he thought it was going to be easy or something. Anyway, I am not only located near the Academy, but I actually work on the academy. I absolutely love it. I retired from the Navy last year after 24 years and wanted to come back (I was stationed here from 1995 to 2000)...I am not an alumni though.


40 posted on 09/04/2012 7:29:28 AM PDT by napscoordinator (Paul Ryan/Rick Santorum 2012....That would be the best scenario ever.)
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To: MinuteGal

Leni,
Very astute post - as are most of yours!

Best,
SC


41 posted on 09/04/2012 7:40:24 AM PDT by Seattle Conservative (God Bless and protect our troops)
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To: jersey117

Romney was just handed an amazing gift. Obama is fleeing the Chicago home he purchased through convicted felon Rezko to purchase a $35,000,000 estate in Hawaii. The hypocritical, so-called champion of the middle class living like a one percenter should go over should go over big.


How can an ex-community organizer and 1-term POTUS afford a home that even the Clintons cannot afford, and Bill’s net worth is reportedly over $100 million today.

Is Obama sitting on a huge inheritance? Or is the same Saudi that paid for Obama’s Harvard education (and $20 million grant to Harvard) will be dishing out cash for this purchase?


42 posted on 09/04/2012 7:54:25 AM PDT by Hotlanta Mike (Resurrect the House Committee on Un-American Activities (HUAC)...before there is no America!)
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To: Lonesome in Massachussets

If you consider Carter a ‘much, much better president’ you must really have a low opinion of Obama. Carter was a failure of worst sorts with very high interest rates and ignorance of how the world really turns.


43 posted on 09/04/2012 7:56:46 AM PDT by noinfringers2
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To: napscoordinator

That’s great! I love The Yard too...hub is ‘77 as well as Dad so have grown up visiting the Academy and then some. I also know some past commandants as well as Supes and CAPT instructors. One friend is now ADM Matt Klunder. Another, a classmate of hub was a Batt Com and got screwed by a fellow classmate who was commandant at the time...this guy is now a four star...guess if you can who it might be!
I’ll bet you see a lot of examples there of how it truly is a small Navy!
We’re retired, living in the woods and glad we’re out!


44 posted on 09/04/2012 8:00:17 AM PDT by matginzac
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To: Seattle Conservative; BillyBoy; PhilCollins; Condor51; fieldmarshaldj; GOPsterinMA; Perdogg; ...

Whoever it is I thank them.

Though the thought of that slime living in a beachfront mansion makes me sick, better there than back here in Chi.


45 posted on 09/04/2012 8:00:49 AM PDT by Impy (Don't call me red.)
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To: Impy

Can they leave today


46 posted on 09/04/2012 8:04:56 AM PDT by rxtn41
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To: ModelBreaker

I have always had the nagging feeling that no matter how awful Obama was as president, he will be even worse as a former president. Carter will look dignified in comparison.


47 posted on 09/04/2012 8:08:00 AM PDT by philled (If this creature is not stopped it could make its way to Novosibirsk!)
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To: napscoordinator

http://en.wikipedia.org/wiki/File:No_gas_1974.gif


48 posted on 09/04/2012 9:55:48 AM PDT by Lonesome in Massachussets (The Democratic Party strongly supports full civil rights for necro-Americans!)
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To: Lonesome in Massachussets

Thank you. I tell you that is why I love Free Republic. To have so many expert FRiends teaching me something new every day is invaluable.


49 posted on 09/04/2012 10:01:41 AM PDT by napscoordinator (Paul Ryan/Rick Santorum 2012....That would be the best scenario ever.)
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To: MinuteGal

Considering the number of people who have benefitted from the munificence of the great 0bummer, the Solyndras (all ten or so of them) the healthcare providers and the car dealerships who had their competition driven under, $35 million ain’t spit.

Think of it this way: Those who benefited know damn well...they didn’t (earn) build that.


50 posted on 09/04/2012 10:20:04 AM PDT by Attention Surplus Disorder (This stuff we're going through now, this is nothing compared to the middle ages.)
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