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Obamas Strike Blow for Economic Justice, Donate Millions in Exchange for Massive Beachfront Estate
freebeacon ^ | AUGUST 22, 2019 | Andrew Stiles

Posted on 08/22/2019 4:28:07 PM PDT by MarvinStinson

Former president conquers 'wealth anxiety'

Celebrity authors Barack and Michelle Obama are striking a blow for social, economic, and climate justice, vowing to donate an undisclosed eight-figure sum to Boston Celtics owner Wyc Grousbeck in exchange for his massive beachfront estate on Martha's Vineyard, the luxury island vacation spot popular with Northeastern elites, boat-shoed bon vivants, and other rich freaks who use "summer" as a verb and donate to Pete Buttigieg.

The 29-acre property, which includes a 7,000-square-foot main house with seven bedrooms, nine bathrooms, and two guest wings, is listed at $14.85 million—well within the Obamas' price range after signing a "high eight-figure" production deal with Netflix, in addition to a joint book deal reportedly worth $65 million. There's also an outdoor pool and fireplace, balcony jacuzzi, chef's kitchen, and a private boathouse.

Evan Kirstel @evankirstel Obamas are buying a Martha's Vineyard estate from Boston Celtics owner https://mol.im/a/7383281 #Massachusetts #Boston

The former president, who once scolded Wall Street executives by saying, "I do think at a certain point you've made enough money," is potentially suffering from wealth anxiety, which could explain why he has decided to give so much money to such a worthy cause.

The purchase has not yet been finalized, but barring any unforeseen setbacks, the Obamas will soon become the proud owners of their third mansion, in addition to properties in Chicago and Washington, D.C. "There's only so big a house you can have," Barack Obama said in 2018.

Obama once claimed his election marked "the moment when the rise of the oceans began to slow." The decision to buy a property so close to the water is perhaps a subtle vote of confidence in President Donald Trump's efforts to combat climate change.


TOPICS: Culture/Society; News/Current Events; US: Massachusetts
KEYWORDS: andrewstiles; bloggers; marthasvineyard; massachusetts; money; obama
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The 29-acre property includes a 7,000-square-foot main house with seven bedrooms, nine bathrooms.


1 posted on 08/22/2019 4:28:07 PM PDT by MarvinStinson
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To: MarvinStinson

2 posted on 08/22/2019 4:29:24 PM PDT by MarvinStinson
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To: MarvinStinson

LIBERAL MANTRA: Do as I say, not as I do.


3 posted on 08/22/2019 4:29:31 PM PDT by ealgeone
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To: MarvinStinson

Where are the solar panels???


4 posted on 08/22/2019 4:29:53 PM PDT by ealgeone
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To: MarvinStinson

Who says crime doesn’t pay.


5 posted on 08/22/2019 4:30:29 PM PDT by unixfox (Abolish Slavery, Repeal the 16th Amendment)
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To: MarvinStinson

It’s for The Children©


6 posted on 08/22/2019 4:30:38 PM PDT by MuttTheHoople
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To: MarvinStinson

7 posted on 08/22/2019 4:30:40 PM PDT by MarvinStinson
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To: MarvinStinson

High crimes and misdemeanors...


8 posted on 08/22/2019 4:30:41 PM PDT by northislander
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To: MarvinStinson

Very funny piece.


9 posted on 08/22/2019 4:31:21 PM PDT by Yaelle
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To: unixfox

10 posted on 08/22/2019 4:32:24 PM PDT by MarvinStinson
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To: MarvinStinson

Guys, think about this for a minute, how big, how nice would the house have to be before you would agree to live there, with Mooch as your wife?

Hehe, nightmares!


11 posted on 08/22/2019 4:33:07 PM PDT by Balding_Eagle ( The Great Wall of Trump ---- 100% sealing of the border. Coming soon.)
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To: MarvinStinson

Senator Wookiee


12 posted on 08/22/2019 4:33:43 PM PDT by butlerweave
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To: MarvinStinson

market top.


13 posted on 08/22/2019 4:34:04 PM PDT by avital2
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To: ealgeone

14 posted on 08/22/2019 4:34:45 PM PDT by MarvinStinson
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To: butlerweave

Wait no , Governor Wookiee


15 posted on 08/22/2019 4:34:45 PM PDT by butlerweave
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To: MarvinStinson

They deserve to be living in the old Cabrini-Green...


16 posted on 08/22/2019 4:37:10 PM PDT by W. (Hey, beer!)
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To: northislander

17 posted on 08/22/2019 4:37:15 PM PDT by MarvinStinson
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To: MarvinStinson

Room enough for Reggie.


18 posted on 08/22/2019 4:40:52 PM PDT by rhombus10
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To: MarvinStinson

That’s a big carbon footprint.


19 posted on 08/22/2019 4:41:01 PM PDT by married21 ( As for me and my house, we will serve the Lord.)
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To: MarvinStinson

Only the little people pay taxes.


20 posted on 08/22/2019 4:41:30 PM PDT by Don Corleone (Nothing makes the delusional more furious than truth.)
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