As reported in today’s Crain’s Chicago Business: Mayor Richard M. Daley and Patrick Ryan assure Chicago taxpayers that a safety net of insurance would insulate them from the financial risks of hosting the 2016 Olympics. But the insurance policies Mr. Ryan says he’ll secure would cover only about $1.1 billion of the $3.8-billion operating budget …
This site is an absolute blast, filled with information, a great “Back the bid” video and even an online store! No Games doesn’t know who these folks are but we love their sense of humor. They’ve obviously done their home work. They did expalin themselves to GamesBid.com.
From an essay by Steve Bartin in Newgeography.com: Most American cities chose not to bid on the 2016 summer Olympics and with good reason. With the exception of the 1984 Los Angeles games, the Olympics has proved a big time money loser in city after city. More often than not, it has been staged more …
The Chicago Reader reports on a study done by the European Tour Operators Association, that, despite claims by Olympic organizers, international tourism to host cities actually DECREASES after hosting the games. According to the ETOA, in fact, “there is no strong link” between hosting any sporting event and growth in tourism. “The audiences regularly cited …
As reported in The Chicago Tribune: Mayor Richard Daley likes to say his dream of bringing the Olympics to Chicago won’t be a drain on taxpayers’ wallets and pocketbooks. “Tax money isn’t paying for it. There’s no tax money whatsoever,” Daley said earlier this year. “We are very strong in that position … in the …
Jay Stone is the son of Alderman Bernie Stone of the 50th Ward. Jay has created a web site, No Chicago Games, that outlines Chicago’s long history of political corruption. He makes the case that President Obama should NOT endorse or support Mayor Daley in his fanatic quest to host the 2016 Olympics. The Top …
Read the Olympic Blank Check Ordinance for yourself. Ask yourself if you are comforted by all the “oversight” it calls for.
As reported in the Chicago Tribune: …But with the pivotal Olympics decision three weeks away, Daley finds himself in one of the most troubled periods of his long reign. Daley’s decision to lease the city parking meter system left motorists furious over skyrocketing rates and balky machines. Then he fumbled in explaining his promise that …
The CTA is now airing promotional spots for the 2016 bid on our buses! To complain, call them at 312-664-7200 press 2, then press 4. We called and the customer service representative told us that these new promos started yesterday and were paid for by the 2016 Committee. In response to the question “Is this …
Surprising no one, the Chicago City Council voted this afternoon (Wednesday, September 9) unanimously to approve Mayor Daley’s blank check for the 2016 Olympics. Mayor Daley wanted this bid and to have a competitive Olympic bid you have to sign a blank check. The Mayor knew this. The 2016 Committee knew this. No Games Chicago …