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Rio state government declares financial disaster as Olympics loom (games in danger alert)
Fox News ^ | June 18, 2016

Posted on 06/18/2016 6:15:37 AM PDT by Zakeet

The acting governor of Rio de Janeiro's state government declared a state of financial disaster Friday in an effort to change budgetary priorities without disrespecting Brazil's fiscal laws.

[Snip]

[The governor's] office said in a statement that the decision was made because a dip in revenues from taxes and oil royalties was "stopping the state of Rio de Janeiro from honoring its commitment to the organization of the Olympic and Paralympic Games." He said the state is facing a "public calamity."

"The financial crisis has brought several difficulties in essential public services and it could cause the total collapse of public security, health care, education, urban mobility and environmental management," the statement said.

Rio's state government is in such dire straits that two of its hospitals were taken over by the Rio de Janeiro city government to allow doctors to keep receiving their paychecks. Some police stations are so underfunded that they have asked neighbors to donate basic items like toilet paper. Public workers and retirees have suffered months-long delays in receiving their money.

(Excerpt) Read more at foxnews.com ...


TOPICS: Constitution/Conservatism; Culture/Society; News/Current Events
KEYWORDS: 2016olympics; brazil; economics; olympics; rio; socialism
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Brazil President Dilma Rousseff is an avowed socialist, Marxist and left-wing radical ... she is presently facing impeachment proceedings after unexpectedly wrecking their economy.

1 posted on 06/18/2016 6:15:37 AM PDT by Zakeet
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To: Zakeet

So just cancel it already!


2 posted on 06/18/2016 6:19:08 AM PDT by Ditter (God Bless Texas!)
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To: Ditter

I assume they are shaking down outsiders for cash, “no cash no Olympics.”

I don’t care


3 posted on 06/18/2016 6:21:15 AM PDT by junta ("Peace is a racket", testimony from crime boss Barrack Hussein Obama.)
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To: Zakeet
Just give everyone a medal for participation.


4 posted on 06/18/2016 6:22:17 AM PDT by outofsalt ( I identify as a Cruz supporter)
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To: Ditter

They don’t want to cancel. They have already spent millions bribing the IOC, and now they want their opportunity to skim the expected profits. Except, now, there won’t be any profits to skim.


5 posted on 06/18/2016 6:22:22 AM PDT by wrench
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To: junta

It’s clear to me, they need Super Mitt to save the day


6 posted on 06/18/2016 6:22:54 AM PDT by bert ((K.E.; N.P.; GOPc;+12, 73, ....Opabinia can teach us a lot)
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To: Zakeet

I’ve been to Rio several times.It’s basically a cesspool with nice beaches and Christ The Redeemer.


7 posted on 06/18/2016 6:23:22 AM PDT by Gay State Conservative (Obamanomics:Trickle Up Poverty)
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To: Zakeet
Let us see! Venezuela, Brazil any other Latin American countries in a mess?
8 posted on 06/18/2016 6:25:13 AM PDT by AEMILIUS PAULUS
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To: wrench

perhaps premptive skimming is the real problem


9 posted on 06/18/2016 6:27:35 AM PDT by bert ((K.E.; N.P.; GOPc;+12, 73, ....Opabinia can teach us a lot)
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To: Zakeet

just import some advisors from Venezuela and Cuba!!!! They will surely know what to do.......

maybe add a few from Zimbabwe and N. Korea.....


10 posted on 06/18/2016 6:27:36 AM PDT by Enchante (No lipstick on the PIAPS!! #NeverSHRILLARY)
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To: junta

I don’t care either. I am already tired of hearing about the disease and nasty water. From the US border south is pretty much a hell hole!


11 posted on 06/18/2016 6:27:48 AM PDT by Ditter (God Bless Texas!)
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To: Zakeet

Didn’t Olympic committee just announce they would allow Transgenders to compete? Karma.


12 posted on 06/18/2016 6:32:45 AM PDT by goodnesswins (Alinsky.....it's what's for dinner: with Cloward Piven for Dessert)
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To: AEMILIUS PAULUS

Doesn’t Columbia have a minor problem with organized crime?


13 posted on 06/18/2016 6:33:14 AM PDT by wrench
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To: Gay State Conservative

I’ve been to Rio several times.It’s basically a cesspool with nice beaches and Christ The Redeemer.

It never used to be. When the military ran the country things were better.


14 posted on 06/18/2016 6:34:06 AM PDT by Jimmy Valentine (DemocRATS - when they speak, they lie; when they are silent, they are stealing the American Dream)
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To: Ditter

Hold the Olympics in the third world you get the third world experience, but we live in a world where socialists weave magic tales opposite of reality, and here we are.

Besides the Olympics are a joke these days, perhaps Rio could have handled a scaled back event schedule not an extravagant participation medal type Olympics that white liberals virtue signal with


15 posted on 06/18/2016 6:37:13 AM PDT by junta ("Peace is a racket", testimony from crime boss Barrack Hussein Obama.)
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To: outofsalt

Lol!


16 posted on 06/18/2016 6:47:23 AM PDT by SteveH
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To: Enchante

You left out Argentina! And California!

:-)


17 posted on 06/18/2016 6:49:46 AM PDT by SteveH
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To: wrench

Mexico as well. Some say Mexico is on the verge of collapse due to drug cartels.


18 posted on 06/18/2016 7:05:58 AM PDT by AEMILIUS PAULUS
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To: Zakeet
She looks like an idiot.

Holding the olympics in a third-world country is insane.

19 posted on 06/18/2016 7:07:55 AM PDT by trisham (Zen is not easy. It takes effort to attain nothingness. And then what do you have? Bupkis.)
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To: Zakeet

Hosting the Olympics is a guaranteed financial disaster.


20 posted on 06/18/2016 7:57:39 AM PDT by bgill (CDC site, "We still do not know exactly how people are infected with Ebola")
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