This is actually not a bad thing — in fact, it's a good insurance policy against a Harris win

Where the Koch Network Is Putting Their Money—Anywhere But Trump

When some of the biggest donors to conservative causes made explicit their electoral opposition to a second Trump term way back in February of 2023, it came as something of a shock to the Republican orbit. After all, the powerful network organized under the auspices of billionaire industrialist Charles Koch had officially remained neutral in Trump’s 2016 and 2020 campaigns, a sign of how uncomfortable his allies were with a candidate whose positions were so far afoul from their own on so many issues.

But by the time the network gathered at the start of 2023, their position on Trump was not really a point of discussion. The deadly Capitol riot on Jan. 6, 2021, was finally a step too far. The chief of the network’s main political arm, Americans For Prosperity, told her patrons that they were ready to back an alternative Republican who showed promise of winning. The group ultimately plowed more than $32 million into former South Carolina Gov. Nikki Haley, and another $10 million in broader anti-Trump efforts before throwing in the towel. The hopes of reclaiming the party from this gatecrasher were dashed and they had to live with Trump as their standard bearer.

It’s been six months since Haley ended her bid, and just over six weeks since Biden followed suit. Vice President Kamala Harris has scrambled the electoral map, and might look like more of a threat than Biden on some key Koch issues. So where does that lead Koch World and their deep pockets? 

Not far from where they’ve been all along—doing their best to help Republicans not named Trump. Despite some pleas from Trump apologists who still pony up cash to the organizations operating under the Koch umbrella, the leadership remains unbending in their decision to stay out of the presidential race altogether.

Instead, Koch-linked strategists say their main goal is to be a check against unified Democratic control of Washington. To them, a progressive sweep of D.C. is the biggest threat this fall, and to that end, staff and volunteers have already knocked on more than five million doors to help their Senate prospects, especially those in Pennsylvania, Ohio, and Montana.

At the House level, the Koch network—and those who take their cues from it—are focused on about two dozen races, many of them in deep-blue states like California and New York, where voters have shown a willingness to split their tickets. There are currently 17 Republicans from districts Biden won in 2020 and five Democrats from districts where Trump won. With Republicans holding a razor-thin majority, these races are likely to see some of the highest spending in some of the most expensive media markets. 

The country can probably survive a Que Mala presidency if Republicans control the House and the Senate and — a big if * — the Republicans actually act as a bloc, and stymie her judicial appointments, Democrat inspired laws and regulations, and, in general, leave her to wallow alone in the White House, dreaming of school buses and coconuts.

Money’s fungible, and if Koch and his fellow billionaires want to spend theirs on the lower races (so to speak), I say go for it — that’s more money freed up to reelect Trump.

* From Instapundit:

MARK STEYN: The Uniparty Turns Literal.

How’s it going over on the Republican side? Well, former president George W Bush has announced he won’t be endorsing anyone in this election. On the other hand, over two hundred Bush, McCain and Romney staffers have declared they’re voting for Kamala. I’m not sure I’ve heard of any of them, but, as you know, the McCain and Romney campaigns remain bywords for hugely successful political operations, so no doubt many of those hundreds of staffers helped craft what are widely acknowledged to be two of the most impressive concession speeches in American history.

* * * * * * * *

I thought Cheney was an homme sérieux. But, in the end, he wasn’t. The Bush years have to be accounted a terrible failure, in which the leadership of the then dominant superpower was unable to grasp the simplest of truths — not least about the need for strategic clarity. Under Cheney, America launched wars with no war aims, in which it deluded itself that “smart bombs” counted for more than will. Meanwhile, on the home front, the rate of Muslim immigration to America doubled …because it was more important to show the world how nice we are than to consider the cultural consequences of demographic transformation. So the west spent twenty years fighting over the most barren and worthless sod on the planet, while surrendering Malmö and Marseille, Rotterdam and Nottingham, and Lewiston-Auburn, Maine. This is what happens when you have a political class almost entirely disconnected from the rhythms of real life in real countries.

So Trump has performed a great service in driving the likes of Cheney to vote Kamala. The feeble charade of TweedleDem vs TweedleRep is designed to obscure the central fact of end-stage western “democracy” — that, on anything that really matters, nothing can be permitted to change. Thus, having Dick Cheney and Ilhan Omar formally on the same team is very helpful. Trump has driven the “respectable” political class to make the Uniparty literal, and its consolidation has freed up space for an actual second party.

Back on the market

139 North Street was built in 2020 and briefly offered for sale for $6.250 million before a tenant turned up and rented it for $30,000 per. That rent was subsequently increased to $35,000, and, presumably, the builder was doing quite well on his investment. Nonetheless, he’s decided to sell, and this can now all be yours for $7.890 million.

Not really my cup of tea, but I’m veery much not the targeted demographic for eight-million-dollar homes, so I’m sure this owner will lose no sleep over my lack of enthusiasm

It’s squeezed into a very narrow lot, but will the NYC buyers who will be looking at this going to worry about that? I imagine not.

Pending in Milbrook

7 Orchard Drive, listed for $6.050 million in April and subsequently dropped to $4.995, is reported pending. The price history of this house offers a nice snapshot of an earlier boom and bust period in the Greenwich real estate market, a phenomenon that, before 2007, many agents didn’t believe could occur — “but this is Greenwich!

Sold for $3,780,000 in 2004; listed at $4.895 in 2006 and finally sold to these owners in 2009 for $2.5 million.

This should make for an interesting question for Property Law 101 classes

no inflated values for this guy!

From FWIW’s southern real estate experts at The Taos Tatler, this:

Homeowner who sold ‘billionaire bunker’ Miami mansion for less than asking price sues realtor for not disclosing Jeff Bezos was buyer

The man who sold Jeff Bezos his $79 million mansion in a tony part of Miami Beach is suing the realtor who handled the transaction because it concealed the fact that the buyer of the 2.8-acre estate was the Amazon founder — potentially costing him as much as $6 million, according to a report.

Leo Kryss, co-founder of Brazilian toy and electronics company Tectoy, filed suit against Douglas Elliman, whose CEO is alleged to have told the mogul personally that Bezos was not the buyer of the home, according to The Wall Street Journal.

Kryss was the owner of the seven-bedroom, 14-bathroom abode that hugs the waterfront on Indian Creek Island — also known as “billionaire bunker” whose famous residents include Jared Kushner and Ivanka Trump and football legend Tom Brady.

The Brazilian mogul bought the property, which boasts a wine cellar, library, theater and pool in 2014 for $28 million.

In May of last year, Kryss put the mansion up for sale — with a listing price of $85 million. A month later, Bezos, who has a net worth valued by Bloomberg Billionaires Index at $202 billion, bought the property located just next door — a three-bedroom, three-bathroom home — for $68 million.

A short time later, Kryss received a $79 million offer for his estate, according to the Journal. The businessman then inquired as to whether Bezos is the one who put forward the offer.

According to the lawsuit filed in Florida state court, Douglas Elliman CEO Jay Parker personally phoned Kryss and assured him that Bezos was not the buyer and that the purchaser would not agree to go above $79 million for the property.

Kryss then agreed to cut the asking price by 7.1%. But after closing, he learned that the purchaser was indeed an entity tied to Bezos, the Journal reported.

Realtors say it is common for wealthy buyers to shield their identity throughout the purchasing process due to concerns that the seller could inflate the asking price if they knew the name of the person with whom they were dealing.

Had Kryss known that Bezos was the buyer and that he intended to purchase the property next door to one he already owns, he would not have agreed to cut the listing price, according to the lawsuit.

He alleged in the court filing that “it was highly material to his negotiations and his decision on the ultimate sales price…to know whether Bezos was…attempting to anonymously acquire the home in order to assemble it with the adjoining property.”

Lots of issues here, including:

  • What are the actual damages, and how do you prove them? How will the disgruntled seller prove that Bezos would have paid a higher price, what was that price, and would Bezos have bought the property at all if his proffered $79 million had been rejected?

  • Who did Douglas Elliman represent in this transaction, the owner, or the buyer?

  • Does it matter?

  • Was Douglas Eliman’s CEO’s denial that the bidder was Bezos in fact a material misrepresentation, as the (now former) owner claims?

  • Will a jury really give two farts about a dispute between a couple of obnoxious billionaires?

After 188 days, a price cut on Rogues Hill

549 Round Hill Road, from $4.5 to $3.9 million. 7.42-acres, 2.62 of which has been deed to the Land Trust/Conservation group, but no fear: according to the listing, you can still build the 20,000 sq.ft. weekend cottage of your dreams.

The acreage is listed as land — there was a 1775 house here when these owners bought the property for $4.5 million in 2009, but that’s apparently since been confined to the dustbin of history.

2009 — no longer operative?

Beginning of the End

Stephen Hayward, Powerline:

The Daily Chart: When Did the Reg Revolution Really Begin?

Conservatives like to point to the Progressive Era for the turn in constitutional philosophy that paved the way for the administrative state that then got into business during the New Deal. Though this is account is true, it is not complete. As the chart below of Federal Register pages—a rough measure of bureaucratic and regulatory activity—shows, the administrative state doesn’t really reach escape velocity until the 1970s, under Presidents Nixon and Ford unfortunately. And the kind of regulation that began in the 1970s was of a different and more ominous character than New Deal-era regulation, but that is a long story for another day.



I'm not a big fan of timid price cuts, but maybe this one will work, who knows?

After 48 days on the market 26 Tomac Avenue has shaved 2.3% off its price and it is now looking for $4.275 million instead of $4.375. My working theory in these situations is that if house hasn’t sold in seven weeks, especially in a blistering market like the current one, there’s more wrong with its price than can be cured by a mere $100,000 reduction.