The Conservative Cave

Current Events => General Discussion => Topic started by: HAPPY2BME on February 21, 2017, 08:02:04 AM

Title: Barack Obama’s Presidential Library May Need $1.5 Billion
Post by: HAPPY2BME on February 21, 2017, 08:02:04 AM
Via Page Six:

    The Barack Obama Presidential Center in Chicago could require a $1.5 billion endowment, its architects say, three times what was raised for the George W. Bush Presidential Center in Dallas.

    Husband-and-wife architectural team Tod Williams and Billie Tsien noted that it will be difficult to raise such a huge sum because Obama scrupulously declined to do much fundraising while he was still in office.

    The Obama Center is due to be so expensive because it will require the construction of both a presidential library and a museum about the lives of Barack and Michelle Obama. And federal requirements now stipulate that former presidents must have larger endowments to pay for annual operating costs at the libraries.

http://pagesix.com/2017/02/19/barack-obamas-presidential-library-may-need-1-5-billion/?_ga=1.71029520.1835036897.1487538549
Title: Re: Barack Obama’s Presidential Library May Need $1.5 Billion
Post by: Adam Wood on February 26, 2017, 02:53:26 AM
Everyone act surprised!  The Obama shrine has tripled in cost since they started trying to screw Illinois taxpayers out of some of the cost (http://www.chicagotribune.com/news/local/breaking/chi-house-committee-oks-100-million-for-obama-library-20140417-story.html) (they eventually decided not to throw money down this rathole).

In a way, it's certainly fitting that a shrine to the most corrupt President in U.S. history has exploded in costs.  Obama doubled the national debt and tripled the cost of his shrine.  There's a certain congruity to that, I suppose.
Title: Re: Barack Obama’s Presidential Library May Need $1.5 Billion
Post by: FlaGator on February 26, 2017, 08:39:27 AM
It's going to take a really big building to house a physical expression of Obama's ego.