San Francisco puts in chips for 2024 Olympics
http://www.sfgate.com/bayarea/article/San-Francisco-puts-in-chips-for-2024-Olympics-5905458.php
San Francisco is officially bidding on the 2024 Olympics, organizers have disclosed to The Chronicle, and their pitch for the Summer Games will focus on the Bay Area’s distinctions, ingenuity and character....
Plenty of uncertainty remains, however, including whether improvements to housing, transportation and other infrastructure are worth the cost of hosting the Games....
The 2008 Summer Olympics in Beijing are estimated to have cost $44 billion. Last winter’s Games in Sochi, Russia, may have cost even more. Last month, Norway withdrew its bid for Oslo to host the 2022 Winter Games, following at least four other cities that dropped out. Munich was considering a bid for that Olympics, but decided against it after voters rejected the idea in a referendum.
“It looks more and more like a boondoggle,” said Andrew Zimbalist, economics professor at Smith College in Massachusetts and author of the upcoming book “Circus Maximus: The Economic Gamble Behind Hosting the Olympics and World Cup.”
We may need to take a page out of Boston's book on this one.
Boston Is Already Saying ‘Hell No' to the 2024 Olympics
http://www.democraticunderground.com/10025839483