Central Air Snow NIMBYs
Jan 21, 2026
This week, the hosts dive into the absurdity of Trump's Greenland ambitions and its potential diplomatic fallout. They explore the complex dynamics of zoning in ski towns and how local regulations shape real estate. The ongoing Shapiro-Harris feud is analyzed through the lens of political vetting and the challenges of defining a woman. Additionally, they tackle California's proposed wealth tax, discussing its legal implications and the likelihood of billionaires fleeing the state.
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Greenland As A Symbol, Not Strategy
- The Greenland push is mostly symbolic: Trump wants the "color on the map" rather than new responsibilities.
- Josh Barro argues this damages alliances and is easier for the president to claim than to accomplish.
Banker's View Of Trump's Deal Record
- Josh Barro recounted his early career in real estate banking at Wells Fargo financing major projects.
- He said lenders often refused Trump because his reputation made him "someone who does not keep his word."
Trump's 'Businessman' Image Misunderstood
- Donald Trump's business persona often relied on entertainment and licensing, not reliable dealmaking.
- Megan McArdle and Josh Barro note that his reputation made banks reluctant to lend to him historically.
