http://news.yahoo.com/blogs/olympics-fo ... 31135.html"Pay dearly for the honor of hosting our Games" is a scam the Olympics have pulled for over a century now, and it's a scam that the world's cities are finally catching onto. The 2022 Winter Olympics are the next Games to be awarded, and as it turns out, city after city is declining the "honor" of hosting them.
Residents of Krakow, Poland overwhelmingly rejected the idea of hosting the 2022 Games, leading city officials to withdraw Krakow's bid on Monday. This follows Stockholm, Sweden's leaders' decision to withdraw; Munich, Germany's voters' rejection of an Olympic chase; and Davos/St. Moritz, Switzerland's defeat of a referendum on hosting the Games. For those keeping count, that's four of an original eight host cities which had considered hosting the Games.Two more cities' bids, while not technically dead, may as well be: Lviv, Ukraine is having real military issues and can't afford to waste time thinking about the Olympics, while Oslo, Norway's bid is floundering politically.
Why the sudden mass exodus from hosting? Because cities with an eye for financial reality have seen the results: Russia spent $51 billion on the Sochi Olympics, an incomprehensible sum for any nation but particularly one teetering on the edge of political turmoil. China spent $40 billion for the 2008 Beijing Games. Montreal lost nearly a billion dollars hosting the 1976 Games, and it took 30 years to pay off that debt. Nagano, Japan, which hosted the Olympics in 1998, apparently still hasn't paid off its debt.
It's no surprise, then, that the only two cities seriously still in the running for the 2022 Winter Games are Almaty, Kazakhstan and Beijing, China: two locales where the people don't get a choice in whether the Games come or not.
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