Rio state government declares financial disaster as Olympics loom (games in danger alert)

Fox News ^ | June 18, 2016

[bgill]

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

You may not care but Obama will be writing a check with your tax dollars in 3, 2,...

[Ancesthntr]

"Hold the Olympics in the third world you get the third world experience" ------------- "Turd World"...but otherwise you nailed it.😉

[I cannot think of a name]

“Brazil President Dilma Rousseff is an avowed socialist, Marxist and left-wing radical ... she is presently facing impeachment proceedings after unexpectedly wrecking their economy.”

Sorry, but your first sentence is functionally incorrect.

An “avowed socialist, Marxist and left-wing radical” will ALWAYS wreck an economy. There is nothing “unexpected” about it. Just look at what one of them has done to our economy!

[hoagy62]

Hosting the Olympics is a guaranteed financial disaster.

Not necessarily.

The Vancouver Winter Olympics of 2010 ended up with a balanced budget and no outstanding debt, according to their final budget report in 2014. It's true that they've had problems selling the former Olympic Village as condos, but all the rest of the venues have been a boon for the city and surrounding communities.