Update on Obamas' Hawaiian estate purchase: Property has been bought on Oahu in the name of a blind/family trust (but it's a different house than we originally thought it would be)
By Kevin DuJan
Hillbuzz.org
October 25, 2012
Three separate sources have confirmed to me that a “blind trust” or a
“family trust” setup for the Obamas with the help of wealthy Chicago
banker Penny Pritzker has purchased a property for Barack and Michelle
and their family to move into when they depart the White House in
January 2013. I’ve been chasing this story since late-August of this
year when it came to my attention through sources in the Chicago black
community that Michelle Obama’s mother, Marian Robinson (“Miss Marion”
as she is called by her friends on the ground here), had been bragging
to chums back home that she’d soon be living the rest of her days in
tropical paradise on the island of Oahu. You can read the collected investigative report on this story HERE.
It appears the Obamas will, however, be moving into a different
estate than the one we all at first believed they were purchasing; THAT
property was the one in Kapalua that was featured on the remake of
Hawaii Five-O (pictured above in the graphic of Miss Marion). I believe
our coverage of this purchase may have spoiled that deal and forced
Pritzker and other Obama backers to locate another post-presidential
home for the Obamas since it’s clear to all in Chicago that he is not
going to win reelection. This real estate deal involves a “trust” and
the purchase has either been made or is in the final stages of going
through as of 10/25/2012.
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