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Rudy Giuliani downplays the value of his jewelry collection
Village Voice ^

Posted on 05/15/2007 9:59:24 AM PDT by Omega Man II

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1 posted on 05/15/2007 9:59:28 AM PDT by Omega Man II
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To: Omega Man II

And this is interesting to anyone why?


2 posted on 05/15/2007 10:03:15 AM PDT by Jake The Goose
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To: Jake The Goose

I know, right?


3 posted on 05/15/2007 10:07:13 AM PDT by TxCopper
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To: Jake The Goose

Much ado about nothing... probably a news article meant to show how ‘rich’ Rudy is, and thus, keep the class warfare line going...


4 posted on 05/15/2007 10:08:05 AM PDT by mnehring (McCain '08 -------------------------------------- just kidding...)
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To: Jake The Goose

Just think of all the greenhouses gases that went into the atmosphere just to mine the materials for that jewelry. :)


5 posted on 05/15/2007 10:08:41 AM PDT by P-40 (Al Qaeda was working in Iraq. They were just undocumented.)
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To: Omega Man II

Which of the major presidential candidate are not millionaires?

Edwards and Gore are living in pagodas and the Clintons socking millions away from Bubba’s mouth openings while living in a Terry MCAwful-funded house and reclining on White House-pifered antiques.

Bet carbon credit income or zinc mine returns could buy some nice rocks as well.


6 posted on 05/15/2007 10:11:24 AM PDT by rod1 (uake)
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To: Jake The Goose
Anti-Giuliani obsessives claim that this was some kind of illegitimate kickback by the Yankees to Giuliani, since the Yankees negotiated contracts with the city when Giuliani purchased the rings at the manufacturer's list price with his own money.

Reality:

(1) Giuliani paid the manufacturer's full list price for the rings.

(2) The Yankees new stadium is one of the few stadiums in America being built entirely with money from private investors without public grants.

(3) Giuliani detractors argue that the contracts Giuliani negotiated included public grants and that Bloomberg repudiated the contracts and that's why the Yankees aren't using public money - no thanks to Giuliani.

in reality, Bloomberg did not repudiate the contracts but simply exercised the city's escape clause that was written into the contract by Giuliani.

7 posted on 05/15/2007 10:14:43 AM PDT by wideawake
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To: Omega Man II; Jake The Goose; indylindy; Liz

Rudy is keeping his jewels to himself lately

Photo Sharing and Video Hosting at Photobucket

8 posted on 05/15/2007 10:16:07 AM PDT by TommyDale (More Americans are killed each day in the U.S. by abortion than were killed on 9/11 !)
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To: rod1
Edwards and Gore are living in pagodas

Really? I didn't know. I'd have thought a pagoda would be a damned uncomfortable place to live. At least they'll be getting in shape from all the stairs.


Did you mean perhaps that they were living in palaces?

-ccm

9 posted on 05/15/2007 10:21:11 AM PDT by ccmay (Too much Law; not enough Order.)
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To: wideawake
Add a #4 there . . .

He treasures those World Series rings far more than he's treasured any of his wedding rings.

10 posted on 05/15/2007 10:24:07 AM PDT by Alberta's Child (I'm out on the outskirts of nowhere . . . with ghosts on my trail, chasing me there.)
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To: wideawake

Rudy is a born and raised Yankees fan - a total die-hard.

I’m surprised he doesn’t wear a Yankee pin 24/7.

He is a fan of passion when it comes to the Yankees.


11 posted on 05/15/2007 10:27:16 AM PDT by Jake The Goose
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To: Omega Man II
The three-karat, 2000 ring weighed more than an ounce, had 22 diamonds and 34.5 grams of gold

34.5 grams of gold goes for about $747 dollars - or about $350 in 2000.

Three carats of diamonds divided into 22 individual diamonds results in diamonds of approximately one-eighth of a carat apiece.

You can buy 10-karat gold earrings from Zale's with two one-seventh carat diamonds for $99.99.

So even though the Zales earrings come with more diamond and some gold thrown into the mix, let's say that each of those one-eighth carat diamonds cost $100.

22 diamonds plus $350 of gold equals $2,550 in raw cost of goods.

Add in a 57% markup for workmanship and you have $4,000.

Sounds quite plausible to me.

12 posted on 05/15/2007 10:27:23 AM PDT by wideawake
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To: Alberta's Child
He treasures those World Series rings far more than he's treasured any of his wedding rings.

LOL! Very well put.

On a less amusing note, he values those rings more than he values the lives of unborn children.

13 posted on 05/15/2007 10:28:34 AM PDT by wideawake
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To: rod1

>>>Which of the major presidential candidate are not millionaires?

Duncan Hunter

Probably Ron Paul

How about Sam Brownback and Tom Tancredo?


14 posted on 05/15/2007 10:28:39 AM PDT by Calpernia (Breederville.com)
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To: Omega Man II

Now it’s just getting silly.


15 posted on 05/15/2007 10:30:01 AM PDT by airborne (Duncan Hunter is the only real choice for honest to goodness conservatives!)
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To: Omega Man II

Rudy showing off some of his jewelry collection and a nice mink stole....fabulous

16 posted on 05/15/2007 10:30:56 AM PDT by Vaquero (" an armed society is a polite society" Heinlein "MOLON LABE!" Leonidas of Sparta)
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To: Jake The Goose
Yes, I find it very implausible that Giuliani bought those rings in a scheme to resell them for a huge profit in the collector's market.

Those rings will either be donated to a museum after his death or buried with him in his casket.

Or maybe left to his son if they ever patch up their relationship.

He ain't selling them.

17 posted on 05/15/2007 10:32:42 AM PDT by wideawake
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To: wideawake
Giuliani paid the manufacturer's full list price for the rings.

You have a source for that? Because no story I've read has suggested that to be the case. Nobody can find an example of a World Series ring being MADE for the prices he says he paid for them. Nobody knows when he bought them, whether it's in 1997 as the report says, or 2003 as he said.

But if Giuliani bought these in 2003, it's obvious he didn't pay the right price for them as the jewels and gold in them would make them worth more than what he paid.

So where did you find a report that says he paid full price? OTher than of course his own statement. Obviously HE says he bought them at full price.

18 posted on 05/15/2007 10:33:10 AM PDT by CharlesWayneCT
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To: CharlesWayneCT
You have a source for that? Because no story I've read has suggested that to be the case.

Even this story admits that the Yankees' front office has said that they sold the rings to Giuliani at the price they paid the manufacturer.

But if Giuliani bought these in 2003, it's obvious he didn't pay the right price for them as the jewels and gold in them would make them worth more than what he paid.

Not even close.

See post 12.

19 posted on 05/15/2007 10:36:34 AM PDT by wideawake
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To: Jake The Goose

I’ve heard of college class rings that cost more than this, and they weren’t as ornate as the rings.

People don’t mind money so much, they hate that a public official uses his official office, where he represents the people, in order to enrich himself, or get things that the rest of us can’t.

The ONLY reason Rudy has these rings is because the people of New York elected him as their representative. Nobody else is allowed to buy these things “at cost”, or under cost.

That’s what the “big deal” is. Getting personally rich off of your public service, or getting special treatment not available to others. Like having a piece donated for an auction given to you for no reason other than to curry your favor as “representative of the people”.


20 posted on 05/15/2007 10:37:09 AM PDT by CharlesWayneCT
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