Posted on 05/09/2015 5:37:56 AM PDT by C19fan
With less than 500 days until Rio de Janeiro hosts the Olympic Games, construction of several venues has not started and some major contracts have not even been tendered, setting the stage for a last-minute rush that will likely drive up costs.
It may seem like a familiar script for major sporting events. As the start date nears, the headlines invariably focus on delays and the scramble to get ready on time, and yet the games end up going ahead without major hitches.
Rio 2016 may, though, end up being one of global sport's closest calls yet, resulting in a race against time that would inevitably inflate the current 40-billion-real ($13.2 billion) price tag and add to the burden on Brazil's struggling economy.
(Excerpt) Read more at reuters.com ...
I cant imagine being stuck in Rio..when the Olympic “Protest” riots begin...
I think they print this same story every two years, they just change the name to the current host city.
The whole Olympic model needs to be changed.
There’s no reason downhill skiing needs to be in or near the same city hosting skating events or watersports in the same city holding track and field events.
Better to use existing venues in multiple cities.
Its already one of the deadliest cities on the planet.
This could get ugly. Things simmered even for the World Cup and Brazilians love soccer. The Olympics isn’t nearly as big a deal to the average joe there so they will be much more inclined to blow up, IMO.
the photos Ive seen...are nearly beyond belief.
The nearby Death Cities....even more so.
It is a big waste of money, for all the wrong reasons.
Having been thru Vancouver 2010, there’s few real benefits for the host city. What you DO get are traffic tie-ups from all the construction, an expensive security clampdown for about a month during, and then stuck with the bill afterwards.
For what? So the IOC elite can party on our dime for a few weeks? And the host-city-resident has zero advantage in securing tickets, they’re all sold on a worldwide lottery system.
Total ripoff for the average person. FUIOC
horrible city...even worse than Baltimore........
The Olympics has always been a waste of money. Massive building projects that never turn out to be what they thought they would be. The apartments they build for the athletes usually wind up being deadbeat housing. The only time those work out if it is in a city where you might just rent a college campus during the summer and use their housing buildings. In the USA some of the sports venues are eventually made into pro stadiums, like Atlanta did with the Braves back in the 1990s, however the stadium needed like $250 MILLION in renovations after less than 20 years of use and the Braves are building another stadium in the city now. So even those don’t always work out. In Munich, the Olympic village from the 1972 games became local apartments. But the total out lay never brings back the cost.
Romney is looking for work. Give him a call. He has a decent Olympics resume’.
Plus now, with the Islamic terrorism menace, security is a huge hidden cost, almost a billion dollars each time.
You never get any of that money back.
We dodged a multi-billion dollar bullet on this. Chicago was one of the final four cities for 2016.
Quick, call-in this Chinese skyscraper builder:
http://www.businessinsider.com/a-complete-skyscraper-built-in-19-days-2015-3
No. Baltimore is the worst.
The IOC has actually started issuing recommendations that put more of an emphasis on sustainability in an effort to ease the burden on host cities. Tokyo in particular wanted all events within a very confined 8 km area until organizers encouraged cost control through the use of existing facilities, some hundreds of miles away. There probably still needs to be a core center to facilitate coverage but I travel there a few times a year so anything to avoid a repeat of the waste, destruction and human misery caused by past games (including 1964 !) is greatly welcomed.
The IOC is the UN of sports.
The ‘88 Olympics in Calgary turned a profit. Of course Calgarians do tend to volunteer more than Hongcouverites.
Montreal? I think we are STILL paying for the ‘76 summer Olympics.
Tranna 2015 Pan Am Games? Citizen tax payers across Canada will be paying for that likely until 2065, if we are still here.
Unlikely...they will get THIS engineer and LIKE IT...
http://www.atlasobscura.com/places/leaning-towers-of-santos
The first time I saw these I thought it was the cachacas...
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