Who Is Funding the Purchase of the $35 million Beachfront Hawaiian Estate for Barack and Michelle Obama to Move into Come January 2013?
[ President Barack Obama's living room with ocean view, beginning in January 2013 ]
Click HERE for Part 1 of this investigative report
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.
It’s funny, but “kai” means “victorious” in Mandarin Chinese and you probably know that “lua” is close to the Hawaiian word “luau”, which is of course a large party. It’s more than ironic that a spot in paradise that conjures a mental image of “victory party” will be the place the Obama family moves to in just four months or so, after they’ve been booted from the White House. They surely won’t be in a festive mood after being downgraded from “First Family” to ordinary citizens again, but no doubt the rest of the world will be celebrating.
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.