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Old 10-06-2009, 06:51 PM   #1
Sugar Merls
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WTF is wrong with these people?

http://www.politicususa.com/en/Scarborough-Limbaugh

Some people are actually cheering the fact that the US lost the Olympic bid? Fucking bunch of crazies! It would be an honor to host the Olympics, why the fuck is this being cheered? Do some of these people just hate Obama more than the US? It seems that way. Obama wanted it, therefore it's evil, and since Obama didn't get what he wanted, cheer cheer cheer? Makes no sense to me.
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Old 10-06-2009, 07:07 PM   #2
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Re: WTF is wrong with these people?

http://roomfordebate.blogs.nytimes.c...ties-ever-win/

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The evidence from past Olympic Games hardly suggests that thereís a resounding economic gain from being the host city. Montrealís 1976 Olympics left the city with $2.7 billion of debt that it finally paid off in 2005.
A city looking for an economic boost, would be wise to not host the Olympics.
The Barcelona Organizing Committee in 1992 broke even, but the public debt incurred rose to $6.1 billion. Similarly, the Atlanta Organizing Committee in 1996 broke even, but the bottom line there is not encouraging. An econometric study using monthly data found that there was insignificant change in retail sales, hotel occupancy and airport traffic during the games. The only variable that increased was hotel rates ó and most of this money went to headquarters of chain hotels located in other cities.
The Sydney Organizing Committee in 2000 also reports breaking even, but the Australian state auditor estimated that the games true long-term cost was $2.2 billion. In part, this was because it is costing $30 million a year to operate the 90,000-seat Olympic Stadium.
When Athens won the right to host the 2004 games in 1997, its budget was $1.6 billion. The final public cost is estimated to be around $16 billion ó 10 times the original budget! Meanwhile, most of the Athensí Olympics facilities are reportedly underutilized. Maintenance costs on the facilities in 2005 came in around $124 million and, reportedly, there is little use of the two Olympic soccer stadiums.
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The games are touted to bring in tens of thousands of tourists, and, if things go according to the hype, to keep them coming into the indefinite future. Here too the evidence isnít rosy. Olympics participants and visitors often chase others away. In late 2004, Athens tourism officials were talking about a 10 percent drop in tourist visitors to Greece.
The Utah Skier Survey found that nearly 50 percent of nonresidents would stay away from Utah in 2002 due to the expectation of more crowds and higher prices. A survey in Barcelona indicated that fully one-sixth of the cityís residents planned to travel outside the city during the 1992 Olympics.
The long-term picture is not much brighter, as Olympic facilities sit for decades on increasingly scarce and valuable urban real estate. If a city is looking for an economic boost, there are better ways to invest its money.

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Old 10-06-2009, 09:44 PM   #3
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Re: WTF is wrong with these people?

Not all Olympics incur debts. and I've seen numbers from other sources that counter the claims made in that article Sharp. And the one you posted is one of several in that debate with differing opinions.
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Old 10-06-2009, 10:03 PM   #4
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Re: WTF is wrong with these people?

Yea, I wasn't actually responding to the post since I doubt Limbaugh was worried about Chicago's debt, but I did find it interesting that making money wasn't automatic for the host city
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Old 10-06-2009, 10:20 PM   #5
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Re: WTF is wrong with these people?

Well, LA hosted the first profitable Olympics in 84. Alot of that was credited to the organizer Peter Ubberof
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Old 10-06-2009, 10:34 PM   #6
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Re: WTF is wrong with these people?

I have a feeling with the level of security necessary for one of these events, the price tag is sky-rocketing. It'll be interesting to see if Rio can handle it. Lord knows they have a lot of cleaning up to do
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Old 10-06-2009, 11:07 PM   #7
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Re: WTF is wrong with these people?

Is it expensive? Sure. Can it actually make money? Of course. Might there be other, unforeseeable and far reaching benefits and positive consequences of hosting these games? 100%. American pride? What's wrong with that? As I said, it would be a great honor to host the Olympics. But the price tag is not what the lunatics like Rush are up in arms about.
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Old 10-06-2009, 11:45 PM   #8
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Re: WTF is wrong with these people?

I think this issue is getting a bit contorted considering the president's attachment to the whole deal. Hosting the Olympics was a very contentious issue for almost a year preceding the president's involvement due to a number of county board commissioner scandals etc.
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Old 10-07-2009, 07:41 AM   #9
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Re: WTF is wrong with these people?

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Originally Posted by Sugar Merls View Post
Is it expensive? Sure. Can it actually make money? Of course. Might there be other, unforeseeable and far reaching benefits and positive consequences of hosting these games? 100%. American pride? What's wrong with that? As I said, it would be a great honor to host the Olympics. But the price tag is not what the lunatics like Rush are up in arms about.
And yet, I wonder what the money that was going to be spent by Chicago might have done in the way of tax relief.

Face it, Obama HAS been on a world-wide apologize for the U.S. kick since he was elected. He was supposed to use his star power to make everyone like us. Remember the campaign visits that occurred throughout Europe and drew huge crowds that supposedly loved him? What happened?

He became the face of the nation everyone loves to hate........until it's time to pick up the check. The Olympics are just like the U.N., if the U.S. were to decide to remove their monetary support, the Olympics would cease to exist.
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Old 10-07-2009, 08:31 AM   #10
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Re: WTF is wrong with these people?

Obama hates me so I just hate him back...
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