Skip to comments.Harry Reidís land sale to gold mine is boon for him and opportunity for Searchlight
Posted on 07/05/2014 11:22:00 PM PDT by Brad from Tennessee
SEARCHLIGHT, Nev. Harry Reid grew up in a shack in this dusty old gold-mining outpost in the middle of the desert.
As he rose to political power, he amassed personal wealth and began living part time in a condo in Washington. But he never stopped holding tightly to a gritty public persona grounded in his Searchlight roots building a house here and keeping the town his official residence.
Along the way, a tiny town that thrived only briefly during a gold rush more than a century ago gained bragging rights as home to the most powerful man in the U.S. Senate.
But this month has brought a remarkable turn of events for Searchlight and its population of a few hundred: A new gold rush has reignited investor interest here. And Reid, whose land quite literally sat on a gold mine, has seized the opportunity to cash out of the town at the center of his political identity. . .
(Excerpt) Read more at washingtonpost.com ...
Brag? I'd put a bag over my head.
His way through law school was paid for by the Mormon Church and his first campaign contributions came from Joe Conforti, the owner of the Mustang Ranch Brothel.
I am interpreting this to be that Harry knows he will no longer be the majority leader, and would like to cash out while he is still a powerful figure.
Mr. corrupt money under the table f,d another person.
I don’t believe he owned all 110 acres; a large portion is BLM mining claims that were sold.
from here: “ $1.75 million also includes water rights and rights to eight mining claims in Searchlight.”
Two years ago, under the ‘use it or lose it’ law directed at large corporations holding claims, which Reid championed, it happens that small miners were affected also, have to physically visit and improve the claim annually, or pay hundreds of dollars per 20 acres in ‘maintenance fees.’ (it used to be $140 regardless of claim size). This could be avoided by patenting the claim, but there’s been a patent moratorium since 1994.
Considering the moratorium, $1.75 million for 110 leased government acres is exorbitant, even if it does include water rights, although I’d be happy to sell 220 acres at that price!
I wonder how many regulations the buyer will get a pass on - including the one that makes it illegal to cut down or disturb a joshua tree on public land, or disturb the underground bulbs that can go down some 30 feet.
This guy needs to be impeached too.
Amazing, not, that Reid gets the puff treatment from WaPo. Repubs involved in such land deals wouldn’t be treated so gently.
” As he rose to political power, he amassed personal wealth...”
Amazing that the Compost says that as though it is the most natural and ethical thing in the planet.
I wonder if there’s really any gold there or if this is just an excuse to funnel money to harry.
I noticed that too.
Objective Journalism and the Fifth Estate is dead. Now it’s just partisan hacks shilling for “their guy,” copy/pasting from various blogs that share their point-of-view.
re: Harry Reid....I console myself with the sense that, the longer justice is deferred, the more gloriously final it will be.
I’ve been down there and the area looks like prime desert tortoise habitat to me.
Joe Conforti knew his whores well $$4$$$.
Man, the Democrat propaganda machine is really smearing on this “man of the people” schtick. First Hillary, then Chelsea, now Dingy. Next they’ll be telling us how Nancy Pelosi buys her groceries at Costco and sews all her own clothes from homespun.
They need to turn the searchlight on Hawwy....
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