This has been one long, bitter election for president, so I think we ought to admit what this competition is really about. It’s our number of the day: $1,457,736,190.
That’s the estimated property value of the White House, according to today’s Wall Street Journal. And we bet that doesn’t even include the money you can raise by renting out the Lincoln bedroom.
The building has 100,000 square feet of living space, including 13 bedrooms and 35 bathrooms, all located on 18.8 acres of lush parkland. Plus, it’s convenient to mass transit. Who wouldn’t want to be in possession of that for the next four years, especially now that housing prices are coming back? It certainly puts the campaign spending in perspective.
Even though Sheldon Adelson promised to contribute up to $100 million to Mitt Romney’s campaign, that’s still buying the place at a bargain.