Daily Archives: July 30, 2012

Giving new meaning to Obama’s “little people” donation program

Obama Press Secretary Marries ABC Reporter.

But there’s this: “Jaffe and Hogan appear to have registered for wedding gifts at Bloomingdales and Crate & Barrel. A search of BarackObama.com reveals that the newlyweds have not registered with the Obama campaign, which would have allowed well-wishers to send cash donations to the campaign instead of getting wedding gifts.”



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I haven’t watched the Olympics since they gave the Russian basketball players three extra tries, but this is even worse

Chinese girl beats her own previous record by five (!) seconds and is now the fastest swimmer in the world, male or female. The gymnast refs also threw a match to Japan, but that’s pretty much par for whatever these events are pretending to be. Aside from Walt’s appreciation of the women’s volleyball players’ uniforms, why does anyone watch this crap?


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Do more evil

Twitter joined NBC for a commercial partnership covering the Olympics and has now terminated a journalist’s account for Twitting critical comments about NBC’s lousy coverage. On a much more trivial level, I experienced the same thing in 2007 when, in response to a complaint from the manager of Sotheby’s, that bastion of independent journalism Greenwich Post fired me. That turned out to be a wonderful thing because it forced me to devote time to this blog and increased my readership from 5,000 Greenwich readers, once a week, to 12,000 readers every day from around the world. I hope the Twitter victim enjoys the same luck.

But it’s still despicable.


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I could double my sales if I had one of these to use on difficult clients

This …

iPhone/stun gun. Neato. You know, there are just enough stories of female agents being lured to horrible deaths by predators posing as buyers that one of these might be a good idea. Myself, I rely on a M1911 Colt.45 , but it’s bulky, and creates a simply horrendous pantyhose line.

Or this



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Bidding wars return

20 Shore Road, Old Greenwich, asked $1.525 million, just sold for $1.550. Zillow estimate was for less, but Zillow doesn’t have the Old Greenwich/real estate market properly in its grasp.

24 Perna Lane

24 Perna, Riverside NoPo, asked $585,000, got $625,000. Perhaps the buyer saw it on Trulia, which estimates its value at $725,000, and thought he was getting a bargain.

In the non-bidding war department, just sold 8 Round Hill Road, 2.34 acres (R-2 zone) and a house, for $2.525 million. Not listed, but owners paid $2.5 for it in 2009. Nice land, great location, if I say so myself (as a rule, I don’t think it’s wise for sellers and buyers to have the same agent but in this case, I had buyers who wanted what my sellers no longer did, and it worked out well for both).

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With Mitt gone, Brits return to trashing their Olympic Committee

Unsold tickets, VIPs peddling their comps on the black-market, British Army brought in to fill seats.

I blame Bush.

“Look, there goes Romney!”


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Old Greenwich sale price reported

5 Indian Drive, $2.6 million. The sellers originally priced this at $3.295 million but accepted this much lower offer in less than fifty days, so kudos to them for quickly recognizing the market signals and adjusting their hopes accordingly. Had they done what so many sellers do and stuck to their guns despite all evidence to the contrary they’d have probably ended up selling it a year from now, for the same or even a lower price.


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No wonder Walt’s been so eagerly watching the Olympics

Hooker paces US to win over S. Korea


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Wells Fargo needs The Duke

Damn, they got the women AND the cash!

Cooling my heels waiting for Wells Fargo to fund a closing – this was supposed to be done on Friday but once again, the bank too big not to fail has screwed up. I never recommend the bank to clients because they take forever to approve loans (6 weeks is not at all unusual) and seem to operate on a business model that wrings as much float time as possible.

Or the indians attacked their stagecoach and made off with the loot but either way, they’re a difficult bank to deal with. Buyers tend to go for the lowest rate and often choose Fargo but if you consider that your loan will probably last just a couple of years, the teeny fraction of a point is insignificant, and the hassles of dealing with these people is huge.

I’m sure their lawyers would be pleased if I emphasized that my experience may differ from yours, so go ahead and grab that rate. Just don’t say I didn’t warn you.


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Accepted offer

7 Lighthouse Lane, Old Greenwich, asking $2.395 million. I thought this was a good house when I showed to clients last year. It didn’t sell then at $2.495 but I’d be surprised if it doesn’t fetch $2.3 and change now. Good location close to the beach, a nice dead-end and the house is in good shape – a few walls might be shifted here and there to tweak the layout but perfectly livable just as it is.

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Pelosi to Jews: All you people care about is money

Saturday our favorite Democrat complained that Jews were being exploited by Republicans, yesterday, she explained why she wants them back in the fold: so she and her pals can exploit them themselves.

They don’t really care about Israel, they just don’t want to pay higher taxes.


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Oh, not before the election!

Those readers with long memories will remember Obama’s killing the pipeline that would have brought Canadian oil to our country, a decision that was cheered by his mob. So Canada is cutting a $15 billion deal with China and will send the oil there, rather than here. Ooh! No no, we didn’t want anyone to use that Gaia-destroying fuel – you mean oil is fungible? Our choice is to have a secure source of oil or watch the Chinese burn it? Why didn’t anyone tell us?

So, sensing an election-year issue that’s going to hurt them, the Democrats, led by Mistress Gaia herself, Nancy Pelosi and “where’s the camera Chuck Schumer”, want to scuttle the deal.

In a draft letter to the Committee on Foreign Investment in the United States (CFIUS), Sen. Schumer writes:

I respectfully urge you, in your capacity as chairman of the Committee on Foreign Investment in the United States (CFIUS), to withhold approval of this transaction to ensure U.S. companies reciprocal treatment.

Similarly, Rep. Pelosi is now sounding alarms of concern.  In a statement, Pelosi spokesperson Drew Hamill said:

This deal prompts great concern about the Chinese government’s continued attempts to use its state-owned enterprises to acquire global energy resources.

Greens need not worry – once he’s reelected, Obummer will kill it again. This stick in the spokes is intended to keep the issue on the back burner until November and then it’ll be business as usual.


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