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Rumormongering

"Sources close to the president who are familiar with the situation" tell TMZ that Barack and Michelle Obama did not make a completely out-of-character $4.25M purchase of a swanky contemporary in a gated SoCal community, and "will NOT live in the desert when his presidency ends." Moreover, White House decorator Michael Smith, who lives in the same neighborhood, apparently hates the place. [TMZ; previously]