Dazzricles
Reged: 24/08/2008
Posts: 621
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The Beiging Olypics have cost $41 Billion to put on.
http://www.latimes.com/sports/olympics/la-ed-olympics26-2008aug26,0,246218.story?track=rss
The London bid estimated there cost to be £2.5 billion, this was the cost deamed acceptable when the bid was put in. Already with 4 yrs still to go were being told it has risen to £8..£10 billion.
Anyone fancy guesing the final cost?
Now ya may well think im a kill joy here but does anyone realy feel that this is a price the nation can afford and does what, in the final anylisis amount to little more than indulgent entertainment warrant it?.
Roger Watters recorded an album " Amused to Death"....is this were our species realy wants to go?
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Major_Lee_Difficult
Reged: 14/12/2006
Posts: 121
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Four years of job creation, legacy facilities that would not have been built otherwise, the windfall to the tourism and associated industries...what's the problem? If it costs $41 billion and returns a decent profit then it's sound business. I don't have a problem with that.
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CrazyIvan
Reged: 18/07/2008
Posts: 50
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What worries me is that it was Boris johnson who has stated that London will come in under budget. If the budget keeps getting increased then of course they will come in under budget.
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Dazzricles
Reged: 24/08/2008
Posts: 621
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Ask the residents of Athens, Sydney and Barcalona how they feel,
The promised economic boom never happened and there still paying the price.
As for profit, profit for whome?...most of it into the hand of gready muliti national corperations for who the boundaries of nations are merely an inconveniance.
Just to get a perspective, the average wage in China is 36 Us Cents an hour , the population is 1.3 billion.
Do the maths and ask how they might be feeling bout $41 bilion being spent..not that they had a choice any more than you or I will have about London 2012
Edited by Dazzricles (27/08/2008 18:08)
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Major_Lee_Difficult
Reged: 14/12/2006
Posts: 121
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Quote:
Ask the reidents of Athens, Sydney and Barcalona how they feel,
The promised economic boom never happened and there still paying the price.
2 minutes on Google revealed this:
'The Spanish stock market climbed 19% in the 12 months prior to the 1992 Barcelona Olympics, while the Greek stock market jumped by 27% in the year before the 2004 Athens Olympics.'
'THE SECRETARY of State for the Department of Culture, Media and Sport stood at the window on the top floor of one of Barcelona's tallest hotels recently. Gazing out over the city, she asked the hotel manager what the Catalan capital had been like before it got the 1992 Olympics. "It was a dump," the manager replied. "The Olympics changed everything."'
Athens: 167 million US dollars profit.
Yeah, they're all regretting hosting the Olympics.
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goblin
Reged: 31/03/2007
Posts: 1389
Loc: down yur me anzum
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Quote:
Four years of job creation, legacy facilities that would not have been built otherwise, the windfall to the tourism and associated industries...what's the problem? If it costs $41 billion and returns a decent profit then it's sound business. I don't have a problem with that.
Yea, as a tax payer living in the far south west, I'm really going to see a return. As always, London gets! .. I think the term is 'Money to Money'
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tonybv9
Reged: 08/10/2007
Posts: 751
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[quote
Yea, as a tax payer living in the far south west, I'm really going to see a return. As always, London gets! .. I think the term is 'Money to Money'
Londoners are paying a significant proportion of the cost through a hike in their council tax. As always, London pays more like. Manchester council tax was not increased for the 2002 Commonwealth Games.
At least we get a shiny new velodrome.
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Walk a mile in my shoes...and you will wear the bloody cleats out.
Edited by tonybv9 (27/08/2008 19:35)
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MagnersCattlegridCon
Reged: 25/04/2008
Posts: 648
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Despite Boris Johnson having a huge budget for city of london, the funding for the games is going to be taken away from other sources of funding nationwide.
With the games in London i don't see much of a boost in terms of tourism to Scotland during the games so, as everyone in the country pays the price (in one way or aother) for the 2012 games few people will get any benefit out of it other than being able to watch them on tv. barely a benefit when you can do so regardless of where they are held.
The main benefits will go to london and surrounding areas, new stadiums, velodromes, swimming pools etc. down there are of no use to most people in the country considering for me it would be a 20hour round-trip to get there.
Perhaps government should consider possibilities of fundraising. The quality of the games depends on however much the British public are willing to spend.
Considering economic and security concerns within the UK just now i'm sure £2.5bn(+) could be spent on much more worthwhile projects like getting knives and guns off the streets etc. Were it being run by a private firm using their OWN MONEY i'm sure it wouldn't cost anywhere near the amount the government will spend.
Who cares about cost-cutting when its not your own money you're spending?
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Only a true cyclist knows the taste of tarmac.
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bfergie
Reged: 19/04/2008
Posts: 3653
Loc: Sticks ,Scotlandshire
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Quote:
With the games in London i don't see much of a boost in terms of tourism to Scotland during the games
I can, half of London will want somewhere sane to go during the games.. 
I do agree with you when it's said the whole country will benefit, it wont! but as much as I hate the thought of all that money going to one place, it's still another sports complex for everyone IF they use it! It is up to the people of londonshire to make the best of a bad job and keep using it after the games are over and hope the authorities don't overcharge folk for using it, they can say "we paid already when you were building it!"
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I now accept PAYPAL!!!!
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wuverley
Reged: 16/05/2008
Posts: 4046
Loc: Man of Kent
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Quote:
The main benefits will go to london and surrounding areas, new stadiums, velodromes, swimming pools etc. down there are of no use to most people in the country considering for me it would be a 20hour round-trip to get there.
Er, if you do the maths, then 25 million people live less than 2 hours from London. (That figure could be wrong,but I've heard it somewhere) Apart fom the 8 million in Scotland, 1 million in Northern Ireland and those on the edge of England and Wales, its quite easy to get there.
What gets spent in Iraq every week? I think its quite a lot, obviously you could argue that the money is well spent, in Iraq, but then you could also say that about the Olympic budget as well
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Invicta
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Dazzricles
Reged: 24/08/2008
Posts: 621
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I could say money beong spent in Iraq is a good thing...but i wont cus it isnt.
Major Lee, you fail to grasp that the profit your so keen about will be private profit in the main ...most going to non british taxpayers on a project bassicly paid for by the british taxpayer.
You mention a rise in share prices pre Barcalona as if thats a good thing. Perhaps connsider that next time you fuel your car and frown at the price of it. A price not down to the shortage of supply of oil but purely down to future traders on stock exschanges who dont give a fig for the horrendes damage caused to a country`s economy.
Edited by Dazzricles (27/08/2008 21:15)
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bfergie
Reged: 19/04/2008
Posts: 3653
Loc: Sticks ,Scotlandshire
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8 million!! We have just over 5 million, we let you think there is 8 million to make us look big and scary...grrrrr!! 
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I now accept PAYPAL!!!!
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goblin
Reged: 31/03/2007
Posts: 1389
Loc: down yur me anzum
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Quote:
It is up to the people of londonshire to make the best of a bad job and keep using it after the games are over and hope the authorities don't overcharge folk for using it,
How long after the event before say for example, the bmx track is built over because someone sees a bigger profit than charging kids thupence ha'penny a time to use it? I'd give it a year, and that's optimistic.
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bigoldsideofham
Reged: 23/12/2007
Posts: 2288
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Quote:
Ask the residents of Athens, Sydney and Barcalona how they feel,
The promised economic boom never happened and there still paying the price.
As for profit, profit for whome?...most of it into the hand of gready muliti national corperations for who the boundaries of nations are merely an inconveniance.
Just to get a perspective, the average wage in China is 36 Us Cents an hour , the population is 1.3 billion.
Do the maths and ask how they might be feeling bout $41 bilion being spent..not that they had a choice any more than you or I will have about London 2012
Please tell me how many of the residents of those places you have asked about their feelings on the subject?????
We could always reduce the costs of the games if we make all of the long term unemployable (sorry unemployed) work for their benefit cheque?
Edited by bigoldsideofham (27/08/2008 22:12)
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Dazzricles
Reged: 24/08/2008
Posts: 621
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BigOld, why dont ya just do a bit of research?
And if you think 36 cents an hour so we can get our stuff from tesco`s at stupidly cheep prices is a good deal then quite clearly your long past careing bout much at all.
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wuverley
Reged: 16/05/2008
Posts: 4046
Loc: Man of Kent
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What's the population of London, is that 8 million?
I'm confusing myself now.
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Invicta
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bigoldsideofham
Reged: 23/12/2007
Posts: 2288
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Arent you ignoring the major's 'research'. You know little about me - expert in demographics possibly?
If your looking for something to whinge about as far as the waste of tax pounds goes it shouldnt be the olympics - youre clearly conveniently blind to whats been going on here for decades.
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Dazzricles
Reged: 24/08/2008
Posts: 621
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Were can i buy Rose tinted Glass`s, prefeably bi focal that when i look down and see the less forunate my eyes will be averted?
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bigoldsideofham
Reged: 23/12/2007
Posts: 2288
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Mine arent rose tinted you racist, im a scotsman.
Do you mean less fortunate wolfy or less 'arsed'.
Support and protect those who NEED it and shed those that take the piss out of choice. There's been times in my younger life when i simulateneously did three crap jobs rather than take a penny off of the state as i stupidly thought it was for the needy. What a joke!!! You can be a criminal prostitute heroin dealing smoker here and everything is supplied for you.Now thats a far more worthy cause than building stadiums for the greatest show on earth that dedicates itself to the pursuit of excellence and hard work. NOT! 
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wuverley
Reged: 16/05/2008
Posts: 4046
Loc: Man of Kent
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I don't think there's much connection between the probable cost of the Olympics, and the social problems that bigold is well aware of, but has some unusual views about.
The money for one is not affecting the money available for the other.
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Invicta
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