OBAMA BUYS $40 MILLION ESTATE IN HAWAII

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 Michelle’s mother, who’s been living in the White House with her daughter and her family, is “absolutely thrilled” to be relocating to Hawaii.

In fact, Michelle Obama’s 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 they’re 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 Obama’s post-presidential estate is Penny Pritzker (pictured above with the Obamas).  She is also in charge of raising the donations for Obama’s presidential library and museum.  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?”

There’s 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, they’ve 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!