This is the story of No Games Chicago with updates from the 2 /12 years since the games were awarded to Rio. Contact Tom Tresser @ tom at tresser dot com.
21. THE GAMES ALWAYS MAKE MONEYâŠFOR THE IOC, FOR CONSTRUCTION COMPANIES, FOR CONSULTANTS, FOR CORPORATE SPONSORS⊠Montreal took 31 years to pay of Olympic debt! London 2012 games $16 billion over budget!
22. â Financing is the biggest obstacle,â said Jerry Karlik, a principal at Kargil Development, which has done projects in the South Loop and responded to a bid committee request for expressions of interest in the Olympic Village earlier this year. âThereâs going to have to be some sort of assistance: guarantees, tax credits or something. Mr. Karlik, who attended the luncheon, said he figures lenders today wonât finance more than 60% to 70% of a project, compared with 80% to 90% before the recession. â Someoneâs going to have to come to the table to fill the void,â he said.â May 13, 2009
26. Watch the video - http://www.youtube.com/watch?v=7MlzsyNh6pk MAYOR CALLS OLYMPIC VILLAGE A â $1 BILLION BOONDOOGLE THAT VANCOUVER TAXPAYERS ARE STUCK WITH!â
68. The challenge â to deliver our materials to the IOC directly. The obstacle â tight security everywhere, including the Danish army, Copenhagen police, the Secret Service and the 2016 Committeeâs own private security detail from Chicago!
109. FEBRUARY TRIBUNE POLL SHOWED 67% FOR OLYMPICS. EIGHT MONTHS LATER â ONLY 47% SUPORT. NO GAMES WAS THE ONLY SOURCE OF OPPOSITION. THE MORE PEOPLE FOUND OUT, THE LESS THEY SUPPORTED THE BID.