Posted on 05/31/2017 4:03:47 PM PDT by Cecily
Looks like former president Barack Obama and former first lady Michelle Obama are putting down deeper roots in Washington: After renting a Kalorama home for their post-White House stint, the couple have purchased the eight-bedroom, nine-and-a-half-bath home for $8.1 million, according to property records.
The Obamas have said they plan to remain in D.C. while their younger daughter, Sasha, finishes high school at Sidwell Friends. After leaving the executive mansion in January, the family settled into a rental home owned by Bill Clinton press secretary Joe Lockhart and his wife, Giovanna Gray Lockhart, an 8,200-square-foot home that was built in 1921 and renovated in 2011.
(Excerpt) Read more at washingtonpost.com ...
8.1 million? Chump change...
I thank God he was a lazy Marxist.
Who’s their new Tony Rezko?
Like a disease that won’t go away.
And they need 8 bedrooms because ....
Still debatable if these two have ever done a day’s honest work.
Valerie Jarrett did not want to live in a rental.
Somehow he managed to seed loyalists in unelected positions in every nook and cranny throughout D.C.
Not bad for a lazy Marxist.
And they need 8 bedrooms because ....
ValJar and the staff need a place to sleep!
Please NOOOOOOOOO!!! There oughta be a law —— against former Presidents settling anywhere near DC.
Lord knows what these crazies are up to now!
A big sturdy wall. A wall for me, but not for thee.
Looks like the Deep State has picked Barack as their President In Exile.
As long as he is around sucking all the oxygen up the democrat party will continue to be the party of traitors and anti-Americans.
How did Lockhart come across the funds to own an $8milion home?
How did Lockhart come across the funds to own an $8milion home?
So from community organizer to Senator to President. Must have got some good stock tips?
Bill and Hillary Clinton of course...
The best part is that iron gates can be welded closed from the *outside*, too.
Hmmm..POTUS makes $400K per year salary. At 8 years (God help us all) in office, Barry made $3.2M GROSS, before taxes.
Let’s be generous and assume a 40% total tax burden..(hey, he was POTUS..he probably had a good tax attorney..) that’s a paltry $1.9M NET - aka “take-home”.
Before that, he was a short-term Junior Senator and a Community Organizer. Safe to say he didn’t take home another $1.9M net in those years.
Wonder where all the cash to buy an EIGHT MILLION DOLLAR home came from?
Ah, the possibilities..and the very probable corruption..
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