London Olympics 2012 - oh, dear...

[Cyclefrance]

Yes, a fan of the Olympics - but not of inept financial forecasting that has emerged over the last week or so. Want to take a guess at the final cost, and how much will not be finished on time? I look at the Wembley fiasco (let alone the Millennium Dome) and it sends shivers down my spine. Now lottery money earmarked for other things is being side-lined to plug the current deficit at the expense of the other good causes it was meant to help. The original plan that won us the bid is already being scaled down in size and scope, and yet still the forecasted cost escalates.

The Olympics deserves to succeed, but the cost has been grossly underestimated (but then, I suppose, isn't it always) - People just wonder where it is all going to end financially, because they know who is ultimately going to foot the bill.

[Griff]

I'm pulling this right out of my ass but, it really seems like if they are managed to be a financial success it'd be better to do it in a 2nd or 3rd world country where the infrastructure development might have significant long term benefit. *shrug*

[Sheldonrs]

Originally Posted by Griff

I'm pulling this right out of my ass but, it really seems like if they are managed to be a financial success it'd be better to do it in a 2nd or 3rd world country where the infrastructure development might have significant long term benefit. *shrug*

How can we have a serious discussion here if you insist on injecting logic and compassion into it?!!!!

[Griff]

Originally Posted by Sheldonrs

How can we have a serious discussion here if you insist on injecting logic and compassion into it?!!!!

sorry my bad