Vancouver lost $1 Billion when they hosted the Olympics -Glenn Beck (2 Viewers)

I'll give him a semi pass and guess that he meant to say "Montreal", the host of the 1976 Olympics.

However, it still makes him look silly.

1) Shows he can't do a minimum of cross checking his facts.

2) He would be picking an Olympics that happened over thirty years ago, which would be proof that his point is BS.

3) Different eras. The 1984 Olympics pretty much gave the blueprint of a successful public-private partnership for the Games.

Now, of course, if he really meant "Vancouver", then he gets demoted from "sloppy and unprepared" to flat out "what kind of loons actually listen to this guy?"
 
Glenn is a freakin' idiot or he's whacked out. The more relevant information would be how Atlanta did and they made $10 million. Also, the SLC winter olympics made around $50 million. Love how he ignores recent history and focuses on what supports Fox's anti Obama views.
 
thanksfox.jpg
 
I sometimes wonder if counter-protesters make signs like that and go out there just for a photo op
 
I think it is funny that the Chicago candidacy for the Olympics has been turned into a political issue for some people. Like if Chicago wins the games it is some sort of validation of Obama's policies and vice-versa.
 
Not defending Beck AT ALL. He is a complete loon, but I did read an interesting article from PBS on how the Olympics are typically economic money-pitts for their host cities.

With frequent overruns, few cities end up recouping any profits after the athletes have gone home. Even cities that cite surpluses, such as 1984 host Los Angeles and 1998 host Calgary, often don't include total expenditures in security and indirect costs in the final tally. And other cities find themselves far in the red. Montreal, host of the 1976 Summer Games, only finished paying off its Olympic debt in 2006. Officials in Nagano, Japan, spent so much on the 1998 Winter Games that they destroyed their financial records.

http://www.pbs.org/newshour/updates/business/july-dec09/olympics_10-01.html
 
Yeh, running your budget into the red isn't something a host city is going to out of its way to make public.
 

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