General Discussion
In reply to the discussion: It just hit me - more bad press for Romney [View all]KurtNYC
(14,549 posts)and doing his Vulture Capitalism thing via Bain in order to go help the scandal tarnished Olympics in Salt Lake.
But the IOC is like the mob -- they are the ones demanding and taking the bribes. Salt Lake's win of the 2002 games included sweetheart real estate deals for IOC members and allegedly prostitutes. When this stuff broke in Jan of 1999 two guys on the Salt Lake side of the deal resigned then Mitt came in to claim that everything was fine and all the problems were solved but there could be more there. It is quite the tangled web.
The Olympics is a terrible use of local taxpayers' money and has bankrupted a series of cities throughout the northern hemisphere. There is no fiscally responsible reason to host the Olympic games -- the host cities get NONE of the TV money or other revenue. Meanwhile the IOC will do anything for a buck -- Coke cans right now feature the Olympics logo and create the impression that world class athletes drink HFCS soft drinks. The IOC sold the exclusive right to sell french fries at the London games to McDonald's -- in culture which is killing itself with bad food choices this is deadly and amoral propaganda.
The scandals of the 2002 games are full of interesting twists and show a web of LDS, IOC, corporations and Romney but we are still on Bain for the next week or two...