White roofs to save energy catching on. No problem with me -if it saves money, do it. But when the white roof advocates start off on their stopping global warming trip, I find myself asking why they don’t follow my own lead and do without air conditioning entirely? Heck, these fuzzies save just 20% on their a/c emissions while I, a global warming denier, emit none. Who’s greener than who here?
Mankind survived all but the last 45 years without air conditioning. When the global warming alarmists go back to what their parents did and turn off the a/c (you listening, OwlGore? Obama, when do you yank the plug on the White House’s air conditioning?) I might at least believe in their sincerity. Until then, I consider them all a bunch of posers who want to impose a dozen annoying little things on all of us, like banning plastic bags and incandescent light bulbs, while continuing to drive their hybrid SUVs. Bah humbug.
Made a third wheel by Congressman Himes’ intervention into local politics, Jane Dayton quit the school board race today. “He done me wrong”, Dayton told our reporter Edgar Martins, referring to Himes. “The no-good, yellow-bellied lying snake threw me over because little Miss Gilliam Lane had more money to give him.” The dejected Ms. Dayton perked up when reminded by Martins that the Democrats had not yet selected a candidate for tax collector. “Well shit, I can do that,” she exclaimed. “What, you send out some mean letters, count the money when it comes in and pocket a hundred grand in salary? Plus graft? I’m on that like white on rice.”
Last seen, Dayton was hurrying down the corridors of Town Hall in the direction of the Registrar’s office.
Des Moines buses now required to honk every time they turn. I thought Mayor Koch had a most brilliant solution for honkers: require NYC cab horns to sound inside as well as outside the car. Des Moines is going the other way, apparently.
Darwin strikes again
900 chumps gave $200 million to a scam called “Radical Bunny” and were astonished when it turned out to be a money loser. The SEC says that the high risk loans to mall developers and other commercial builders weren’t the safe investment the promoters claimed they were. Radical Bunny? Jesus wept.
Here’s another moron who had an affair with a prostitute but instead of just blackmailing him (3X!) , this babe used inside information he gave her to trade on and now he’s just pled guilty to six counts of securities fraud. I guess blackmail and public humiliation is better than that, eh? Dent’s property on Gilliam Lane is still for sale, by the way, and still pegged at the improbable price of $13 million. I’m glad that he didn’t lose everything to those blackmailing hussies because if he was counting on the cash from selling this place, he’d be screwed, so to speak.
Blue Dog Democrats don’t like the bill and have stopped it, for now. It’s too much to ask, but not too much to hope, that the new king of the Greenwich Democrat Party, Congressman Jim Himes, will use the break to actually read both the Carbon Tax bill he supports and this medical thing. If he and his colleagues really propose to completely transform the economy by shutting off fossil fuels and wresting control of health care shouldn’t they at least know what they’re proposing to do? A more humble person might conclude if the plan is too complicated to understand it’s too complicated to attempt, at least without some consideration, but right now I’d settle for Himes just reading the damn things.
Did you catch the boy yesterday? Full square behind Barney Frank’s attempt to do what he’s wanted to do for years but until now lacked the votes to accomplish: regulate executive’s pay for all corporations. These people have no sense of limitation and are determined to throw out the free market in favor of a marketplace controlled and dictated by them. I just don’t have the confidence in them they they do. But the people have spoken, and soundly rejected the notion of impartial market forces governing their lives. They want order and predictability even if, as Russia proved the only predictability is shoddy goods and not enough of them, so long as they don’t have to take care of themselves. The infantilization of America is almost done and Himes is shoving it towards the finish line.
Move it, bitch!
I was startled out of my reverie a few minutes ago while jaywalking across Sound Beach Avenue when a car horn blasted the car ahead of it. Looking over, I saw it was my family’s favorite dour Swede (should that be dour Dane and sour Swede? No matter, a square head’s a square head) who was applying, not the Riverside/Old Greenwich friendly little toot but a full throated blare that would have made a New York cabby blush. All because the twit ahead of him was twittering instead of noticing that the light had changed and she was free to proceed. Heavens! This is a lad who grew up on Bramble Lane and has been in town so long that I was sure he’d overcome his savage origins. But apparently, under stress, he reverted to type. I blame Bush and his endless war.
UPDATE: Here’s a honking surprise: 51 headless Viking corpses found buried in England. Everyone’s got a limit to his tolerance, Big Swede – be careful out there!
Ledge Rd. housewarming gift
12 Ledge Road, possibly the ugliest post and beam home ever constructed, has gone to contract. It started life way back in 2006 at $3.795 and after the hilarity died down it returned to Ulster Bank, the chumps who’d loaned the money for its construction, and they put it back up for sale at $2.995. That’s where it was when it went to contract today, so who knows what the final price will be. There are some features about the land that some might find off putting, the creek running through and over the land being perhaps the most prominent, but Ledge is a prettyroad, even if this house isn’t, and it is, after all, Old Greenwich. Assessed value is $2.2 million and I’d say this time the town got it about right.
Turns out Ruthie Madoff may not be permitted to buy that one bedroom in Spanish Harlem (or whatever the hell you want to call it – the area that isn’t the East Side) after all: Madoff Trustee Irving Picard is suing the bitch for the $2.3 million the feds let her keep, claiming (d’oh) that she was in on the scheme the whole time. I’m all for it – leave her homeless and on the street, but if she wants a step up from that and maybe has some of Bernie’s old watches she can sell, or Madoff Investments paraphernalia, I’d suggest she look into what I used to call Pelenopor but which a reader has beautifully named NoPo – North of Post Road, of course. We got stuff here at prices that’ll knock your socks off, Ruthie. And if you can’t swing that, there’s always Chickahominy.
UPDATE: Here’s more on the suit from The Wall Street Journal. The Trustee’s looking for $44 million, claiming that regardless of whether Ruth knew about or participated in the scam, she benefited from it and lived “a life of luxury” on the proceeds. This theory should cause Walter, Monica and all the filly(ie)s sleepless nights because the Noel clan is, at best, in no better position than Ruth Madoff. Just like her, they say that they knew nothing and who can blame them for living large? But if living a life f luxury on stolen proceeds is the test for restitution, do Round Hill cottages, villa’s in Mustique and $30 million yachts qualify? Why yes, I believe they do. Oh uh, Walt. Go, Irving!
Who knew? Bernie Madoff, known for his anal retentive obsession with tidiness, left his penthouse a mess. Of course, it could have been Ruth who left Dorito crumbs in the VCR, empty Cold Duck bottles under the bed and soiled underwear on the bathroom floor – she was alone in the place for months after Bernie shuffled off to the Manhattan Correction Center and probably didn’t care. But now I think it’s too bad the old fraudster was denied bail last winter -can you imagine the scene? the judge orders his release and Ruthie flees the courtroom, headed for home for a quick shoveling of everything under the bed? The Cat in the Hat Comes Back indeed.
Well, it never happened, but here’s a scene that did:
Here’s how Curbed describes it:
Get this: The federal agents called a secret meeting and forced the city’s superbrokers to share the same breathing space. The horror! One broker who was there tells the Observer, “It was a strange and, frankly, slightly insulting way to handle it. Everyone in that room has pitched pretty important exclusives. I’ve never had to go on a cattle call before.” No word on how many monocles fell to the floor and shattered once the brokers filed in and saw one another, but as for the selection process, it’s still undecided.
When I write my novel on this fun stuff, I will absolutely have a scene where David Ogilvy, Tamar Lurie, Jean Ruggiero and maybe Brad Hvolbeck are all brought in on a cattle call to pitch for the sale of Walter’s house (I’m obviously going to have to inflate its value for dramatic effect – I’ll use Leona’s or Ric Bourke’s place as a model). Hoo hoo hoo.
Reader RR has heard that both Dawn Harbor properties currently for sale, land and house, have gone to contract and wonders if that’s so. I have seen nothing reported yet but I believe they have – there may be some outstanding contingencies to be met before they’re official, but I’m pretty sure buyers have spoken for both. Ah, the power of this blog! No, of course, that’s silly. It’s the power of a good location and god pricing, which will still move properties quickly, even in this market.
105 Rockwood Lane, a 1954 colonial on two acres, has just been listed for $3.2 million. That price surprised me – I’d have thought two acres here would be worth about $2 million – but when I checked the records I saw what I’d forgotten, namely that the last two similar lots on Rockwood, numbers 56 and 69, respectively, were each priced in the low $2’s in 2008 and went in bidding wars for $2,610,000 and $2,729,000, respectively. That, of course, was in the spring of ’08, when there were still some builders who hadn’t received news of he market’s demise. I don’t know what’s happening with no. 59 Rockwood but no.69 has been for sale ever since purchase, asking $2.995, with no takers.
So what will happen here? Does Rockwood still retain its magic and will this place sell in the high 2’s, or will the street prove vulnerable to the same market forces afflicting the rest of Greenwich? Stay tuned.
99 Husted Lane
This was a nice old (1935) house renovated in 1997 and listed for sale in May of last year for $5.250. Sold today for $3.9 million which is respectable and evidence that there are indeed buyers out there. Over an acre of land, with a pool, on an excellent street, the assessed value was just $2.013 which just shows you that some of these assessments are nuts. Even I could have managed to sell this for $2 million.
That’s the rumor I’m hearing – someone has been persuaded to inject $55 million into the operation. That would pretty much turn control of the bank over to him, I’d assume. If the rumor’s true, the bank’s still left with its portfolio of failed spec houses here in Greenwich and Stamford (and Norwalk, Bridgeport and on up the coast). What happens to them? Dumped on the market? Held for future appreciation (there’s a laugh)? I don’t know – stay tuned.
I sympathise with the man, but he’s got to recognize that the American public’s collective memory has a half-life of 12 days (do you even remember what costume Michael Jackson was buried in, for instance?). Right now, many Obama supporters probably still retain at least a dim memory of the last president and buy the Mesiah’s argument that all this mess is Bush’s doing but by September? Forget it. He’s going to have to come up with something new, fast. What’s Iran doing with those nukes, by the way?
This is a decent house on a desirable street but like everything else in its price range, it’s having trouble selling. The owners paid $5.125 million for it in 2004, added a pool, stonewalls, landscaping and did a ton of interior renovations/improvements, then put it back up for sale in 2007 for $6.995. Wrong price. It’s languished since, slowly dropping dollars, and expired in April. Now it’s back, for $4.995 million, so a buyer can thank them for doing all that work for free. Assessed value is $4,715,000.
It’s his first because no one wants to visit him. But this lawyer who’s suing the Madoff clan did, and Bernie opened up. Here’s a big d’oh: Bernie says he got away with it because the SEC was so dumb. You think? Fun article, for Madoff fans. Myself, I’m waiting for Walt Noel to fess up but judging from all his comments on this board, we’ll be waiting a long time for that.
Long article here. Here’s an excerpt:
The consensus of climatologists about “global warming” certainly seems a ripe candidate for error-prone conformism. It’s not really possible to become a climatologist if you are a global warming skeptic, which means the consensus is self-reinforcing. The New York Times science writer Nicholas Wade explores this point in a recent blog post:
The academic monocultures referred to by Dr. Bouchard are the kind of thing that sabotages scientific creativity. Though they sprout up in every country, they may be a particular problem in Confucian-influenced cultures that prize conformity and respect for elders. It’s curious that Japan, for example, despite having all the ingredients of a first rate scientific power – a rich economy, heavy investment in R&D, a highly educated population and a talented scientific workforce – has never posed a serious challenge to American scientific leadership. Young American scientists can make their name by showing their professor is dead wrong; in Tokyo or Kyoto, that’s a little harder to do.
If the brightest minds on Wall Street got suckered by group-think into believing house prices would never fall, what other policies founded on consensus wisdom could be waiting to come unraveled? Global warming, you say? You mean it might be harder to model climate change 20 years ahead than house prices 5 years ahead? Surely not – how could so many climatologists be wrong?
What’s wrong with consensuses is not the establishment of a majority view, which is necessary and legitimate, but the silencing of skeptics. “We still have whole domains we can’t talk about,” Dr. Bouchard said, referring to the psychology of differences between races and sexes.
Having been hissed at and jeered by my peers in college and law school for expressing views that ran counter to the prevailing liberal paradigm, I remain deeply suspicious of anything “everyone” believes. College kids today are taught that they’re being daring, anti-establishment revolutionaries when they condemn capitalism, free markets, global trade and the worth of the individual, but in fact they are uniformly uninformed and in complete lockstep with the actual establishment: Hollywood, education and the mainstream media. We’ve raised a generation of zombies and are paying the price for it now.