Just another day in the tea bag universe:

Based on flimsy evidence and leaps of logic, conservative media outlets are pretending that, in the words of Newsmax, "Reagan's Childhood Home to Become Parking Lot for Obama's Library." But the story doesn't pass the smell test.

The "childhood home" is an apartment Reagan lived in for less than a year as a young child, and its planned demolition is part of an expansion by the University of Chicago that has nothing to do with President Obama's presidential library. Obama hasn't chosen which state his presidential library will eventually be in, let alone where people will need to park for it. Further, Obama Press Secretary Jay Carney has declared the story "false."