Obamas looking to buy a $15 million vacant lot on Martha's Vineyard

canadafreepress.com ^ | 8/31/2017 | Robert Laurie

[rktman]

Conservatives generally believe that the accumulation and maintenance of wealth is a good thing. We like money, we admire success, and we don’t view those who’ve achieved a significant fortune with contempt. We’re aware that well-funded bank accounts provide employment, stimulate the economy, and keep the country humming along.

The left disagrees. If you’re rich, you aren’t paying your fair share. Heck, even if you’re not rich you should be taxed more. To them, the wealthy are like dragons - sleeping on a mountain of ill-gotten gold - lording over the peasants with filthy, probably-stolen, lucre that they couldn’t spend in a hundred lifetimes. No one needs all that cash, and really you should only have what you the government decides you should be allowed to keep. As we know, they never self-apply this standard. We’ve done a thousand pieces on how leftist-statism is built on a do-as-I-say-not-as-I-do foundation, but fatcat Dems keep offering new examples. It’s just so easy to point out their hypocrisy, that we’d be fools to stop doing it.

Enter former President Barack Obama: a man who wants to “spread the wealth around” and who once famously said “at a certain point you’ve made enough money.”

...According to Realtor.com, he’s looking to purchase one of two vacant lots on his favorite vacation Island, Martha’s Vineyard. Of course, he doesn’t want to live inland like some commoner, so both properties are ocean front. They’re also not cheap. The man who wonders when ‘enough is enough’ is looking at plots that start at $12 million and, remember, that’s without a house.

[manc]

I hope he moves there, and then we can do a cordon around the island . This way his rich, white , elitist , liberal pals, and he can all live in peace, and give us peace as the same time.

[wtd]

As POTUS his salary & book sales did not provide the type of nest egg which would cover the expenses related to frequent luxurious travel as well as upkeep/renovations/interior decorator expenses we've read about for his multiple multi-million dollar residences.

Rancho Mirage, CA residence . . .$4.25M/The Los Angeles-based interior designer Michael S. Smith is reportedly in charge of decorating the Obamas’ new home

Waimanalo, Hawaii residence ..... $8.7M

D.C. residence ..... (leasing $5M)

• https://twitter.com/washingtonpost/status/870016549020684288

  UPDATED:

  Dubai residence .....$4.9M (fwiw: Dubai offers limited extradition)

  Chicago residence:.....$1,650,000

  All while claiming a 19% tax rate?

[Hotlanta Mike]

It was once said “at some point you’ve made enough money”. I guess Benito Obama hasn’t gotten there yet.

[kenmcg]

Recall the millions of bucks big business paid to the Obama DOJ under Holder and Lynch. These business's paid fines to settle lawsuits, and the cash was diverted to democRAT causes. Obama surely had his hand in the pie, how else could he have gotten so wealthy?

[dsrtsage]

“Uh, worst neighborhoods? Martha’s vineyards? Probably the cheapest house on the island is 10 times the value of my house.”

Meant from as far away as necessary

[rktman]

Well, in that case........🙊🙈🙉

[EinNYC]

Here's a vacant lot for them on Martha's Vineyard:

Complete with ocean view:

[Bonemaker]

“The place in Chicago, the compound in DC, and now Martha’s Vineyard

I guess he likes his white side”

Aren’t there places in Hawaii and Palm Springs too?

[woodbutcher1963]

The cheapest houses on Martha’s Vineyard are quite a bit higher than the average house in the US. However, what the previous FReeper was referring to was an area of the island that was a Methodist Negro summer retreat in the town of Oak Bluffs. The beach there is called “The Inkwell” because of the skin color of most of its swimmers in years past. The houses near there were built in a Victorian Gingerbread style centered around area where they held religious revivals know as The Campground.

These “cottages” were constructed for summer use only. Most were never insulated. They were also fairly small(1000-1500 sq ft). However, they are now quite expensive based on their square footage and amount of land they are sited on.
From a carpentry/fine homebuilding perspective they are exceptionally beautiful.

https://www.mvcma.org/

[Bonemaker]

“Well, there goes the neighborhood.......LOL”

Nouveau riche and their conspicuous consumption may bankrupt them.Just like big lottery winners. Hope so,

[ptsal]

Martha’s Vineyard does have the On-Time-Ferry.

[Brian Griffin]

I’d advise him to rent and wait until the next real estate crash to buy.

There’s probably a leftist that would rent him a nice place for $50,000 or less for a few summer months.

[rktman]

Saw something on tv about it.

[Cen-Tejas]

...........taxes alone based on Texas residential rates would be around 30 k a month and rising and forever!

But with the billions that have disappeared (state dept).............no problem.

[OLDCU]

No, he’s going to build a a basketball center, where the impoverished kids from the area can play midnight basketball.

[kaehurowing]

Gotta use the Iranian money somewhere.

[okie 54]

Wonder where he managed to steal $15 million

[BuffaloJack]

Wasn’t Martha’s Vineyard the set for Jaws?

[Noob1999]

He better be careful. If he builds a large heavy compound the island may tip over!