Axiom Home Page Forums General Discussion The Water Cooler London 2012 Summer Olympics

A news report Montreal's 1976 Olympic debt. It was to be paid off with cigarette tax by 2006. But, bans on smoking extended the expected time frame. The roof of the $1.5 billion sports complex where the Olympics was held has collapsed twice.

I hope it never comes to my town.

I hear ya. I hate when we send people to Washington who can't even manage their own finances and then give them the government's checkbook and credit cards.

TAM, I hear ya, too. The Tom/TAM Club. Wasn't that the new wave side project that Negative Orange's rhythm section started in 1981?

medic:

I don't really know. Tom is my first name & TAM is my initials...

TAM (or is that Tom?)

I have a thing for Logan Tom...

The only ones that truly gain from the Olympics are multinational corporations. It's just a corporate money making machine. And that doesn't translate into profit for the proletariat. link

There are strict restrictions on what local shops are allowed to sell - link .

The empty seats fiasco - link. During the ticket pool, thousands were held specifically for corporate sponsors. Most ended up not being purchased, and many Londoners etc. were SOL.

And then there's the medals that come from a massive polluting mine in Utah - link .



I always think at who's and what's expense is my enjoyment coming from. I do so firstly because we should, and secondly because if I was living in a cardboard box beside a temporary million dollar structure, I'd like to think people would consider my well-being. Unfortunately this isn't the case, but SHOULD be.

It takes many people 30 years to pay off their mortgage too. Probably not relevant to the topic...just sayin'.

Hi Mary !

That's a really great perspective, Mary. Not many people would say going into debt to buy a house is an outrageous expenditure.

The one this I've learned from this forum is that there is a healthy diversity of political and social opinion. Even though I disagree with many opinions, hearing them makes me think and often evaluate my own POV.

We do choose to purchase a house and assume a mortgage. We don't have a say in where our dept creating tax dollars go.

Purchasing a house and going into dept shouldn't be considered an outrageous expenditure. Try telling that to a homeless person.

Very true, Cam! I was just making a point that sometimes 30 years doesn't seem that long when it comes to paying off debts.