The Debt Olympics

Reading about the debt and service cuts that have accompanied these winter games in Vancouver, I am once again thankful Chicago didn’t get the 2016 Olympics. I love watching the Olympics, but staging the games has become the same kind of power-broker real-estate scam that governs most local governance.

Boosters like to claim that workers will see jobs, but those are transitory, the debt is lasting and the people who wring speculator’s rates out of the land are the only ones who come out ahead.

Thanks to No Games Chicago for fighting the good fight on this one.