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 ...
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
I’d contribute $25 to get him out of MY White House, he can’t keep his feet off MY furniture.
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?
Not fair!!!! Carter was a much, much better president.
“swallow coffee before reading” tag
Did somebody say “Coffee”?
Now THAT'S reporting.
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.
” ...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?
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.
Who’s buying 0bama a hawaii home??
My guess, the Chicago Mob
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.
I do NOT belive this story that the Obama’s are going to move to Hawaii......they are NEVER leaving the White House.
AFLCIO, Teamsters, and UAW workers.
They probably plan to charge the SS “rent” for their garage that amounts to 70% of the mortgage.
The Clintons did it in Chappaqua.
Hillbuzz! Love that site
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.
We had gas lines under Nixon, too. Price controls will do that.
Gas lines are easily remedied by removing price controls. The damage inflicted by Obama will be more persistent.
“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?
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