Possumblog

Not in the clamor of the crowded street, not in the shouts and plaudits of the throng, but in ourselves, are triumph and defeat.--Henry Wadsworth Longfellow

REDIRECT ALERT! (Scroll down past this mess if you're trying to read an archived post. Thanks. No, really, thanks.)

Due to my inability to control my temper and complacently accept continued silliness with not-quite-as-reliable-as-it-ought-to-be Blogger/Blogspot, your beloved Possumblog will now waddle across the Information Dirt Road and park its prehensile tail at http://possumblog.mu.nu.

This site will remain in place as a backup in case Munuvia gets hit by a bus or something, but I don't think they have as much trouble with this as some places do. ::cough::blogspot::cough:: So click here and adjust your links. I apologize for the inconvenience, but it's one of those things.


Monday, February 25, 2002

"Value is in the eye of the beholder"
Well done article by Mobile Register reporter Eddie Curran on the 1999 sale of Guvnah Don Siegelman's house in Montgomery. It seems Siegelman purchased the home for $36,000 in 1979, then sold it for $250,000 cash to Birmingham accountant J. Wray Pearce. At the time the house was sold, it was appraised by Montgomery County for $125,450. In 2000, Mr. Pearce was appointed to the Alabama Securities Commission. Odd, huh?

Comments today include this one:

Rip Andrews, a spokesman for the governor, said Monday that "a house is worth what someone is willing to pay for it. That's how the market works."

Funny, but when we sold our house in Irondale, we listed it for twice the appraisal and not a single well-connected political ally ever showed up to buy it. Maybe our market was different. I guess some peoples' markets are more lucrative than others.

An interesting editor's note can be found at the end of the original article:

(Editor's note: The governor's office has a stated policy of refusing to comment to Register reporter Eddie Curran. Anyone seeking to reach Curran can e-mail him at ecurran@mobileregister.com, or call 1-800-239-1340, ext. 636.)

The silence speaks louder than anything else, fellows.



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