Chicago 2016 Olympics: American Dream or Nightmare?

OlympicWe are only a day away from the long awaited International Olympic Committee’s selection of a host city for the 2016 Summer Games. As the city wide excitement continues to grow, reality also seems to be setting in. Up to date there have been a lot of mixed emotions about bringing the games to Chicago.  Chicago residents have been torn between the feelings of pride and honor associated with hosting the Games, yet tension is running high as to how exactly the city will afford such a feat. Mayor Daley has confidently stated, “Tax money isn’t paying for it. There’s no tax money whatsoever…We are very strong in that position … in the regard to having that be sponsored by the private sector and others.” And, the 2016 Olympic bid committee has repeatedly assured that the $4.8 billion estimated cost would be paid for with contributions from wealthy donors, corporate sponsorships, television rights and ticket sales to ceremonies and sporting events. But, can the local government be trusted not to use the public taxpayer’s money to put on the Games?  I, for one, would be proud to have the Olympics in Chicago, but at what cost?  These questions will be answered in the coming weeks and months, but for now we hold our breaths praying for a good tomorrow…

Advertisements

One response to “Chicago 2016 Olympics: American Dream or Nightmare?

  1. Have You checked the Blatant BANKRUPTCY FRAUD at Aventine Renewable Energy from JP Morgan, management teams-esp., Brennan, through Houlihan Lokey, Garden City Group, Joel Waite and into WHITEBOX and Brigade ? The SEC is absent, US Trustee struggling but all have been slammed by secrecy order of Judge Kevin Gross.

    WHAT a STORY of Shareholder theft by Hedge Funds using the manipulated Delaware Bankruptcy Courts.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s