iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
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The Obamas Are Going to Rent This Mansion After Barack’s Term Ends

Not bad for a community organizer.

Barack will be the first President to stay in DC since Woodrow Wilson left office in 1921. The house, owned by former Clinton press secretary, Joe Lockhart, is valued at around $6 million and should fetch a monthly rent of just $22,000.

It’s located in the Kalorama area of DC. The House is quite cozy at 8,200 sq ft, fixed with 9 bedrooms and 8 1/2 bathrooms.

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15 comments

  1. jts5362

    Cattle futures

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  2. rahagar

    the swine should be marched penniless into a flyover country hovel and forced to pay for his individual Obamacare by selling tinned cans collected beside county roads.

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  3. vandamme

    He’s not going to be paying anything close to that.

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  4. riotact

    He’s going to take our guns.
    Obamacare is going to bankrupt us.
    We’ll be paying $7 at the pump.
    You all watch!

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  5. chuck bennett

    Boss man.

    You know how much he is gonna pay for that?

    How much is keeping H Clinton out of jail worth?

    Almost priceless.

    They are paying him to live there you fools.

    Boss man indeed.

    Regards

    Chuck Bennett

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    • UncleBuccs

      One would imagine our ‘Constitutional Scholar’ is scheming to stay in town permanently, if Clinton is able to win and appoint him to the Supreme Court…

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      • ottnott

        Highly unlikely that he wants the job.

        After 8 yrs in the fishbowl, the Obamas will want to be able to make family the highest priority for a while.

        I’m amazed that anybody survives two terms as President.

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  6. chuck bennett

    @uncleB

    Know you’re thinking.

    Regards

    Chuck Bennett

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  7. jpmorgains

    Nice mosaic pavement in the foyer.

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  8. moneybagz

    Where’s frogs blind justification? 1%er

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  9. sethster99

    While staying in DC is a noble move for a former president. Moving to Harlem as the Clinton’s did was much more interesting.

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  10. pb

    Obama was worth what, $10m before assuming the presidency? His wife was collecting $300k per annum at some kind of political payoff sinecure in Chicago. That anybody can overlook their corruption says a lot more about the efficacy of propaganda than it does about the suitability of such persons to run the country.

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  11. iflyjetzzz

    I’m not an Obama fan, but:

    This house is less than 2 1/2 miles from Natasha’s school, Sidwell Friends. That’s probably a big reason why they’re staying in DC – so that Natasha can finish high school.

    The house has to be large enough to accommodate Secret Service personnel that will be assigned to the Obamas after his Presidency ends. A starter home won’t work.

    Not everything’s a conspiracy.

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  12. fxtradex6

    What is this, the internet? All I see are a bunch of people bitching about shit they’re powerless over. Oh, that’s right. This IS the internet. Carry on complaining.

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  13. dragun

    Its a tear down. Will need to be remodelled at the least.

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