Sometime back during World War I, Ronald Reagan lived in an apartment in Chicago. He was four years old at the time, and his family lived there for less than a year.
The University of Chicago now owns the property and plans to demolish it to make room for a parking lot.
To hear Fox News tell it, the Kenyan Socialists are about to blow up Mount Rushmore.
First, there are no plans in the works for an Obama presidential library yet. Second, as Steve Benen notes, this is a perfect example of how the right-wing echo chamber spools up from zero to full-fledged twitterpation in less than 60 seconds.
Something to keep in mind when your angry uncle who watches Fox News sends you an all-caps email about this later.