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GLOBAL PANIC OF JULY 2014 UPDATE: President Obama Plans 16-Day Martha’s Vineyard Vacation on $12m Estate

For the WashingtonExaminerPaul Bedard reports: It’s going to be hot tubs, basketball, tennis and golf for the first family this summer, having set plans for a 16-day vacation in Martha’s Vineyard, Mass., on a $12 million, 10-acre forested estate on the southwestern corner of the island.

"I have no comment"

Our Roving Anthropod News Analyst and frequent guest at Martha’s Vineyard says: “Hot tubs?”

Reports from the Bay State indicate that President Obama and his family will vacation August 9-24 at the 8,100-square foot, beachfront home of a Democratic donor that includes a pool, hot tub, basketball and tennis court.

President Obama reacting as he misses a shot while golfing on the first hole at Farm Neck Golf Club in Oak Bluffs, Mass., on the island of Martha's Vineyard last year. AP Photo

President Obama reacting as he misses a shot while golfing on the first hole at Farm Neck Golf Club in Oak Bluffs, Mass., on the island of Martha’s Vineyard last year.  AP Photo

Mad Martha’s Ice Cream last year developed a new flavor called “Barack My World,” espresso ice cream, macadamia nuts and caramel

It will be new digs for the first family, who have summered on tony Martha’s Vineyard every year of Obama’s presidency, except in 2012 when he was running for reelection.

Obama is expected to be accompanied by top aide Valerie Jarrett, a regular summer resident of Oak Bluffs

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