First Family Visits Martha's Vineyard

Martha's Vineyard has it all - beaches, bike riding and a summer population of almost one hundred thousand tourists, soon to include the first family, reports CBS News correspondent Randall Pinkston.

"I love how you can walk past all the signs in the windows," says a local. "Everybody's welcoming the Obama family."

There are presidential signs and t-shirts and at least two food groups - beefy Bo-Bama treats for the dog and Ale to the Chief for the grown ups.

"We decided, how about a Presidenti-Ale?" said Phil McAndrews, owner of Offshore Ale Microbrewery.

Shopkeepers hope the visit will bring an end-of-summer economic boost.

"Everything related to Barack Obama and the presidency is a hot seller here, whether it's a sticker or t-shirt or hat," said a local.

The Obama's will be staying at The Blue Heron Farm where they can enjoy golf, a pool, a basketball court, and a private beach on 28 acres that rent for up to $50,000 a week.

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The Vineyard has a long history of presidential visitors beginning with Ulysses S. Grant, who first vacationed on the island in 1874. President Clinton came here four times while in office.

Other presidents preferred more rural locales. Lyndon B. Johnson spent time horseback riding on his Texas ranch and George W. Bush cleared brush on his. Ronald Reagan had a ranch in Santa Barbara, California.

Two presidents took their vacations in Georgia. Jimmy Carter played softball in Plains and Franklin Roosevelt swam in Warm Springs. President Kennedy returned to the family home in Hyannis Port, Mass. as often as possible.

Mr. Obama should feel right at home on the Vineyard since he is from Hawaii, another island that knows a little something about tourists.