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  #1  
Old July 17th, 2012, 02:43 AM
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An Olympic waste of money!

I flew into London on Sat. and everyone keeps asking me if I am going to the Olympics. I admit this is the closest I have ever been to the big event being 2 hours away from London and about a half hour from the sailing events. However I cannot get past the fact that millions and possibly billions are being spent and/or wasted when that money can do so much good in the world.

There are people suffering all over the world and its newsworthy how only McDonalds can sell french fries at any Olympic event. Maybe its just me but its all about big business commercialism and brand recognition. I have no interest in supporting any of it. I am however fully supportive of sport and competition on a world stage but that all takes a back seat these days unfortunately because it comes down to money. It is well known that most cities hosting the Olympics end up in tremendous debt. Not to be a downer but how do the rest of you feel?
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  #2  
Old July 17th, 2012, 02:58 AM
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They now have 30 miles of road in London that has been allocated "Olympic traffic only" and you need a special pass to drive in them.

As much as I love athletics and sport, I agree it IS a helluva lot of cash been spent on it, especilly with this time of cutting back; however is has rejuvinated the East side of London, which was a shithole, and in Weymouth on the south coast, where the sailing events are being held, they now have a nice shiney new clubhouse and harbour.
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Old July 17th, 2012, 03:07 AM
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Originally Posted by diesel_jim View Post
and in Weymouth on the south coast, where the sailing events are being held, they now have a nice shiney new clubhouse and harbour.
Yet they also have erected a wall so that people cannot watch a lot of the sailing activities in Weymouth without paying. I find that disgusting!!!
http://www.dailymail.co.uk/news/arti...ling-free.html
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Old July 17th, 2012, 06:20 AM
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People are suffering?
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Old July 17th, 2012, 06:38 AM
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People are suffering?
I am. I've got a 6 months pregnant wife at home and the AC went out last night. Ooooo, you should have seen the wrath.
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Old July 17th, 2012, 07:43 AM
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The gf will be in London for work (not Olympics related) for 2 weeks during the olympics. flights were $5k more, rooms were $400 more per night, etc. Obviously she's not paying so doesn't care as much.
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Old July 17th, 2012, 07:45 AM
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Have you not noticed how our political system works? I'm less thrilled about how much money is spent on electoral campaigns.

But yes I agree it's become all about money and it seems a lot of waste to me too.
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Old July 17th, 2012, 08:26 AM
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The Olympics will be a cash generator for the UK, have regenerated some seriously poor infrastructure and regions and created jobs. Now I'm not saying that all the jobs are high quality ones and the sponsorship deals are tasteful but on balance I think it's a positive thing.

I for one will not be going anywhere near the UK until its over ...
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  #9  
Old July 17th, 2012, 09:25 AM
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II am however fully supportive of sport and competition on a world stage but that all takes a back seat these days unfortunately because it comes down to money. It is well known that most cities hosting the Olympics end up in tremendous debt. Not to be a downer but how do the rest of you feel?
I'm a big fan of paying athletes more, or providing for them to recover the years they spent training.

That said, as a rower, I know that USRowing pays out somewhere between $400-700 a month per rower as a stipend. Around $300k a month is paid out to the National Team, which is about 75% of what the USOC pays USRowing. The payments are meted out to individuals based on their ability, with the most elite athletes receiving the most pay.

The National Team encompasses the Senior Team - 60 people, a subset of which is the Senior Olympic Team - 42 athletes.

If you do the math, you can see how the athlete stipends are a mere fraction of the money disbursed by USRowing. USRowing could also pay out a lot more of the USOC money to the National Team. They take a huge cut of that money for who knows what.
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Old July 17th, 2012, 10:10 AM
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Originally Posted by broadstone View Post
I flew into London on Sat. and everyone keeps asking me if I am going to the Olympics. I admit this is the closest I have ever been to the big event being 2 hours away from London and about a half hour from the sailing events. However I cannot get past the fact that millions and possibly billions are being spent and/or wasted when that money can do so much good in the world.

There are people suffering all over the world and its newsworthy how only McDonalds can sell french fries at any Olympic event. Maybe its just me but its all about big business commercialism and brand recognition. I have no interest in supporting any of it. I am however fully supportive of sport and competition on a world stage but that all takes a back seat these days unfortunately because it comes down to money. It is well known that most cities hosting the Olympics end up in tremendous debt. Not to be a downer but how do the rest of you feel?
So what's your solution?

It's the Olympics. It brings countries together - isn't that a good thing?
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Old July 17th, 2012, 10:23 AM
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Originally Posted by sonoronos View Post
If you do the math, you can see how the athlete stipends are a mere fraction of the money disbursed by USRowing. USRowing could also pay out a lot more of the USOC money to the National Team. They take a huge cut of that money for who knows what.
Who picks up the tab for overall operations, cost of running regattas, insurance, and the athletes' travel, lodging, food, equipment, medical, trainers, etc.?
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Old July 17th, 2012, 12:26 PM
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Originally Posted by down_shift View Post
Who picks up the tab for overall operations, cost of running regattas, insurance, and the athletes' travel, lodging, food, equipment, medical, trainers, etc.?
I believe that the USOC does, which is funded both privately and publicly...

Make no mistake, there is no "goodwill" left in the Olympics, it's ALL about money and prestige. Hell, look at retarded Harry Reid and Patty Murray last week talking about putting the uni's in a pile and burning them because they were made in China.
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Old July 17th, 2012, 12:33 PM
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It's the Olympics. It brings countries together - isn't that a good thing?
You got it wrong...

That's the World Cup.
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Old July 17th, 2012, 12:34 PM
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Article on BBC.Com about the Olympic gag order placed on all the companies that helped build the venues and the marketing restrictions that are in place for 10 years post games.
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Old July 17th, 2012, 12:50 PM
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Originally Posted by down_shift View Post
Who picks up the tab for overall operations, cost of running regattas, insurance, and the athletes' travel, lodging, food, equipment, medical, trainers, etc.?
Good question, Russ

Don't quote me on this, but I believe the National Team pays for all the above, which are substantial (although probably no regatta entries since regattas are really only there as gateways into the National Team, though I suspect travel and entry into the World Championships and Olympics is expensive)

But what I'm still not sure about is what happens to the $100k / month that USRowing takes from the USOC and doesn't give to the National Team. Maybe it's used for something critical, but I personally don't know
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Old July 17th, 2012, 02:09 PM
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If you enjoy olympics bashing, read the English papers. There isn't anything they enjoy more.
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Old July 18th, 2012, 07:39 AM
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Old July 18th, 2012, 12:03 PM
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Well, hold on to your sombrero. The jump from 1 to 2 is hectic, but when you go to 3 you will think you have absolutely lost your mind. But hey it's only sleep and sanity, so you'll be fine

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Old July 19th, 2012, 04:30 AM
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Article on BBC.Com about the Olympic gag order placed on all the companies that helped build the venues and the marketing restrictions that are in place for 10 years post games.


Yup, and there's also the gagging/copyright stuff here too on any company that dares to use things like the 5 "rings", any wording of Gold,silver & bronze in conjunction with "winners" "summer2012" etc etc.

http://www.telegraph.co.uk/sport/oly...vertising.html

This country is run by spineless politicians who'd rather pander to the "power" of the olympic officials (whilst still using OUR tax money to fund it) rather than say "this is the UK and we'll use whatever f*king words we want to!
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Old July 19th, 2012, 12:25 PM
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Originally Posted by diesel_jim

Yup, and there's also the gagging/copyright stuff here too on any company that dares to use things like the 5 "rings", any wording of Gold,silver & bronze in conjunction with "winners" "summer2012" etc etc.

http://www.telegraph.co.uk/sport/oly...vertising.html

This country is run by spineless politicians who'd rather pander to the "power" of the olympic officials (whilst still using OUR tax money to fund it) rather than say "this is the UK and we'll use whatever f*king words we want to!
Yeah forgot about that crazy crap.
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