Author Topic: Olympic madness!  (Read 295 times)

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Offline Conan The Librarian

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Olympic madness!
« on: February 04, 2014, 05:13:18 AM »
http://www.bloomberg.com/news/2014-02-04/how-to-avoid-the-next-sochi.html
 
Fifty billion dollars for one throw-away winter olympic site? Wuh?!?  What a waste!

Offline BBF

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Re: Olympic madness!
« Reply #1 on: February 04, 2014, 06:10:28 AM »
Not so if you count the political gains/points  to be made.
The same incidentally for China.
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Offline woodchukhntr

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Re: Olympic madness!
« Reply #2 on: February 04, 2014, 06:33:58 AM »
It is a very expensive distraction.  I wonder what the cost per athlete is.

Offline briarpatch

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Re: Olympic madness!
« Reply #3 on: February 04, 2014, 11:02:14 AM »
I say get rid of the lieing, false, crooked, politically motivated olympics and use the money for better things.

Offline Old Fart

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Re: Olympic madness!
« Reply #4 on: February 05, 2014, 03:35:33 AM »
I wouldn't have any problem at all with them par it back to about 10% of what it has become.
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Offline Conan The Librarian

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Re: Olympic madness!
« Reply #5 on: February 05, 2014, 04:50:39 AM »
I would be really interested to know what the costs and benefits are to the countries that hold the olympics. $50 billion is a lot of money to recover. There is a limited number of people who can attend, so that is probably a small fraction of revenue for the games. Advertising and promotions? I have a hard time believing it's anything but a net loss.
 
It's like funding a war or a space program.

Offline blind ear

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Re: Olympic madness!
« Reply #6 on: February 05, 2014, 08:28:54 AM »
Oath Keepers: start local
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“It is no coincidence that the century of total war coincided with the century of central banking.” – Ron Paul, End the Fed
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An economic crash like the one of the 1920s is the only thing that will get the US off of the road to Socialism that we are on and give our children a chance at a future with freedom and possibility of economic success.
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everyone hears but very few see. (I can't see either, I'm not on the corporate board making rules that sound exactly the opposite of what they mean, plus loopholes) ear
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