The next Olympics to be awarded, a little more than a year from now, will be the 2022 Winter Games. Rather than going to the strongest bid, the games may end up going to the last city standing—a long list of potential hosts have given up on their Olympic dreams because the whole thing is one huge, useless waste of money. Yesterday, Krakow, Poland, officially withdrew its bid for the games, a day after a citywide referendum where 70 percent of voters came out against hosting the Olympics. "Krakow is closing its efforts to be the host of the 2022...