Tuesday, June 10, 2014

Reid trades Searchlight for Las Vegas

Senate Majority Leader Harry Reid (D-Nev.) has sold his home and property in the tiny town of Searchlight, Nev., for $1.7 million to move to Las Vegas. Reid announced the move in a three-minute video posted Monday on his website. He’ll be moving closer to his family but away from his birthplace and a cornerstone of his political narrative. A gold mining company, Nevada Milling and Mining, purchased the home, about 110 acres of surrounding land, water and mineral rights, and eight mining claims from Reid. He also sold two mining claims in the town to American Capital Energy. Reid, 74, tamped down speculation about what the sale means for his political future. In the video, he said the move would make his 2016 reelection bid easier. “I’ve got a reelection coming up, and I’ve been through a few elections commuting from Searchlight, and it is hard. So this will make that part of it much easier,” he said. Reid plans to buy a home in the Las Vegas area, 60 miles away, in order to be closer to his four children and 16 grandchildren who live in the area...more

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