From The Dog House...
The Diamond Invention - Forever Means You Just Can't Sell 'Em
- Written by Edward Jay Epstein
- Category: Serious Business
- Hits: 1843
In spite of ups and downs over decades the price of diamonds has remained essentially stable and under total control of nothing short of a racket. Created and managed by the De Beers cartel, the value of what were once just rocks in the ground has risen to the point where they are now coveted and revered around the world. And once you buy one, well, it's yours - forever! In the February 1982 issue of The Atlantic magazine, noted author Edward Jay Epstein laid out how it all began in a piece entitled: Have You Ever Tried to Sell a Diamond? The story is both fascinating and revealing.
Read more: The Diamond Invention - Forever Means You Just Can't Sell 'Em
How Did That Dog Get Loose?
- Written by dogloose
- Category: About
- Hits: 5008
The story of dogloose:
Back in the seventies I rented a house on El Cerrito Place in Los Angeles from Mrs. Solomon. She was an old Russian lady from the old school... so I never mailed her the rent check. Each month she would come to collect.