Thursday, February 5, 2009

9.3 BILLION. IS IT WORTH IT. WHAT IS GOLD?

WHAT IS GOLD NOW, SILVER BRONZE.
THE FINALLS, THE END TABLE OF MEDALS. HURRAH! THE MEDAL TALLY.
THE PRIDE AND INTERNATIONAL GOOD GESTURE, TO AMERICA AND CHINA
AND THE SOVIET UNION - MAJOR MEDAL WINNERS EVERYTIME.
WILL THE MARATHON RUNNERS BE MUGGED?
SECURITY WILL BE TIGHT AT HE GAMES. JOB SECURITY LOOSE -
RUNNING UP TO THE GAMES LIKE THE RIVER THAMES.
OVERFLOWING WITH DEBT.
WHO CAN TALLY THE COSTS SHED UPON CULTURE, COMMUNITY.
REGIONAL SPORTING FACILITES? WHO'S TALLY, HEY?



"U.K. to Spend More on 2012 Olympics as Bank Financing Stalls

By Brian Lysaght

Jan. 21 (Bloomberg) -- The U.K. government agreed to kick in an extra 461 million pounds ($632 million) for construction at London’s 2012 Olympic Park after organizers failed to raise money from banks.

The spending will come from the project’s 2.7 billion-pound contingency fund, and the games’ total budget of 9.3 billion pounds remains unchanged, Olympics Minister Tessa Jowell said in an e-mailed statement today. -- http://www.bloomberg.com/apps/news?pid=20601102&sid=a2F_pM330CRI&refer=uk

"Guy Parsons, UK managing director at budget hotel group Travelodge, was also critical of the decision.

“Far from being the once in a life time opportunity that the Government first promised, the 2012 Games now look like they will not deliver on any of the objectives first set out,” he said. -- http://www.caterersearch.com/Articles/2009/01/28/325861/no-extra-funding-to-market-olympic-games.html

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