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WASHINGTON — President Barack Obama will travel to Denmark to support Chicago's bid for the 2016 Summer Olympics, projecting the highest-ever White House profile in lobbying for the international event.
Valerie Jarrett, a senior adviser to the president, told The Associated Press Monday morning that Obama will leave Thursday and join his wife, Michelle, in Copenhagen, where they'll make the pitch to the International Olympic Committee.
Obama would be the first U.S. president to actually appeal in person to the International Olympic Committee for an Olympics event.
Hosting is very expensive. In recent times the Olympics have never made a direct profit. The bidding process alone for 2012 will cost each bidding city around £20m and whichever is selected will expect to pay at least £6.5bn (Paris). With increased security fears Athens spent $1.5bn on security out of a total of $12bn on the 2004 games. The burden of this cost falls on government (and therefore the taxpayer), companies and individuals. Both Paris and London’s local governments have put aside around £2.4bn which will mean £20 per year extra in tax for every household in the cities. Big projects are notoriously hard to budget for (so much so that London is estimating the total cost may go up by up to 50%) and residents in Los Angeles have only just stopped paying for the over-budget 1984 Olympics through their local taxes. If cities want to regenerate or improve their infrastructure then they should use this money directly on those projects rather than wasting it on subsidising a sporting event.
Link - www.idebate.org...
For 17 days every four years the Summer Olympics attract the world’s attention and the host city gets immense media coverage. Yet many argue that the huge cost of hosting the Olympic games means that cities are left with crippling bills and empty stadia once those 17 days are over. Montreal, the host in 1976, is still paying off the cost of staging the games today and the Athens Olympics of 2004 ran billions of euros over the original budget - at state expense. The scandal surrounding the bidding process for the Salt Lake City 2002 Winter Games revealed that 13 of the 124 International Olympic Committee (IOC) members who were tasked with deciding who should be awarded the games were ‘bought’ with gifts and bribes. Since then the IOC has tightened up its regulations but rumours of corruption amongst some members remain and were revealed by a BBC sting operation in 2004. Whilst proponents of hosting the games generally accept that they will inevitably cost significant amounts of money, they argue that the ‘feel good factor’ and longer term benefits justify this outlay.
Originally posted by Iseekthetruth!!!!!!!!
So Michelle is already there? Wonder if it another vacation for her and the kids?
Originally posted by lpowell0627
We are STILL at war in the Middle East and our commander-in-chief is now contemplating an entirely NEW strategy. In other words, starting from scratch.
The military general credited with capturing Saddam Hussein and killing the leader of al Qaeda in Iraq, Abu Musab al-Zarqawi, says he has spoken with President Obama only once since taking command in Afghanistan.
"I’ve talked to the president, since I’ve been here, once on a VTC [video teleconference]," Gen. Stanley McChrystal told CBS reporter David Martin in a television interview that aired Sunday.
"You’ve talked to him once in 70 days?" Mr. Martin followed up.
"That is correct," the general replied.
This revelation comes amid the explosive publication of an classified report written by the general that said the war in Afghanistan "will likely result in failure" if more troops are not added next year. Yet, the debate over health care reform continues to dominate Washington’s political discussions. On Monday, the White House announced President Obama would travel to Denmark to lobby the International Olympic Committee to select his hometown of Chicago for the 2012 summer games.