No Games Chicago Update 3 Days To Decision Daily News
September 28, 2009
THE PEOPLE SPEAK
Olympics would cost Chicagoans big-time
The decision of
the International Olympic Committee is close at hand. Every Chicagoan should
cross fingers, say prayers and hope that the International Olympic Committee
picks . . . any other city.
foremost, all those businesslike economic projections flowing out of City Hall
and the Chicago
boosters are fabrications, theories. Without the benefit of high-priced
accounting firms, I will make a prediction. Should we get the Olympics, the
costs will be higher than projected and the income lower. The promised
ancillary benefits will never materialize. The impact on the working-class
taxpayer will be significant.
If you don't
believe me, you should know that virtually every independent accounting
authority says the city's projections are nothing but hype. Even the promised
insurance policy that is supposed to protect the taxpayers is full of holes --
billions of dollars in costs will come out of Chicago workers' paychecks. Our hard-earned
money will be redistributed to the rich and powerful friends of City Hall.
In the twisted
irony of Chicago
politics, those who will scoop up millions of dollars in windfall profits will
have the best accom- modations, the best seats, the best parties. The
working-stiff footing the bill will watch the hometown Olympics on television,
find it impossible to get into a restaurant, stand in long lines for
entertainment venues and have to make their way to work in super congestion. I
say: Go! Go! Rio!