Barack Obama’s presidential library may need $1.5 billion

$1,500,000,000 now that is a lot of guacamole. I wonder if Michelle O will run for POTUS and put an unsecured server in the basement and sell access to the server? Seems like a solid way to make some quick cash.

That endowment is going to take some doing. It is 3 times what the Bush library needed.

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 fund-raising while he was still in office.

But what can you get for $1.5 billion? You get a museum and a library. This endowment will also cover a operating cost of the library. The museum will about the lives of Barack and Michelle. I wonder if we will learn anything new about the president, now would be a good time to vet him properly.

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.

“It won’t be easy,” Williams said. “It’s not just about preserving the past. It’s about the future.”

The actual buildings were slated to cost $200 million. “But I told them it will cost $300 million,” Williams said.

pagesix.com...

a reply to: seasonal

He made 7 million dollars while president, break ground with that.

1.5 billion? Sounds like an inflated figure, go figure.

a reply to: seasonal


Well libraries are heading the way of the dodo so let's not build one.
How about using the money to buy internet service for all school age children in Chicago for the next thirty years?
Or maybe put the money into chicago school systems?
Would that not be a better legacy than a building nobody will use?

a reply to: seasonal

You would think that he could use an old outhouse for his library. Most of what he gave to America can be generated in that type of atmosphere. I'd rather visit a landfill.

a reply to: Bluntone22

Nope they community organizers. This is about vanity.

Of course there is other things that seem to be more important. But we do need a tangible reminder of what not to do again, ever.

I guess Obama better get started on those scratch off tickets.

a reply to: intrptr

7 Million won't even be enough to bribe the roaming gangs to not steal everything the second it is dropped on the construction site.

I don't see why "We" have to fund any ex President's vanity. That's all these libraries are...a tribute to their lives.
They came, they did a few things, good or bad, and now they're gone.
If they want a building, let them pay for it.

1.5 billion for a library and a museum about their lives?
There has got to be plenty of abandoned buildings in Chicago where they can put some nonsense like that.
Or how about the same building for both? The library in the main part and the museum in a storage closet.

a reply to: DAVID64

This is not going to be tax payers $$$, it is up to people who want political favors. So what they need to do is convince everyone that michelle is going to be pres, then, oh God then they could make some $$$$. (like HRC)

I hear the admission price is going to be $500 per ticket.

Why the hell do we need presidential libraries? What a waste of reaources. Same with that wall. Government has become the biggest con in town.

a reply to: pirhanna

Are you talking about the wall they are putting up around Obama's house?

originally posted by: seasonal
a reply to: pirhanna

Are you talking about the wall they are putting up around Obama's house?

All of them.

a reply to: pirhanna

I think we will disagree on the all the wall thing and agree on the library is a silly idea. Maybe he could do a rest stop on the side of the highway into Chicago. Fits.

There's no reason any presidential papers can't be held at the library of congress.

These libraries have outlived their time and necessity.

Libraries are a thing of the past. The current technology makes them already nearly obsolete. This will be Just another colossal waste of money. Who signed up for this? Just take the money and build some schools,playgrounds,hospitals or whatever. Well let the democrats pay for it. They all loved him so much. The gofundme site should suffice. Does this atrocity counts as stroking his own ego because i thought Obama was so humble.

We should just have one Presidential library, in D.C., under the auspices of The Smithsonian.

On a side note, where are the Watergate tapes held?

Shouldn't they be in the Nixon library?

Shouldn't Monica's blue dress be in the Clinton library?

Now thats a serious waste of money .

a reply to: seasonal

Really that is to be used arming his 30,000 strong army for a communist revolution. I never heard of a library needing $1.5 billion. I mean the guy didn't accomplish anything except dividing the nation and doubling the national debt accomplishing nothing and using stimulus to fund failed green energy.

Something is not right with that figure. He would believe his library should be larger than most NFL Stadiums and more expensive being the narcissist he is.