Am I the only person on the planet who is outraged by the news this week out of London that security costs for the upcoming 2012 Summer Olympics in the British capital will now reach $1.6 billion U.S.?
With this new extra amount being committed to security, the total budget for the Games will now surpass $15 billion U.S. - and counting- according to British officials.
Have we all gone mad?
Wasn't this the same Britain where people were rioting in the streets a few months ago because they could not find jobs?
How many jobs would $15 billion create, anyway?
When will people start rioting in the streets because of this wasteful spending by governments?
Less we forget, the 2004 Athens Summer Games started Greece on the road to bankruptcy, and Montreal just recently paid off its Olympic debt - from 1976.
We're all overcome with national pride when our countries are "awarded" Olympic Games and we spend like drunken sailors trying to make our Olympics better than the last. However, the financial hangover that always accompanies these sporting orgies can no longer be tolerated.
Politicians should not be allowed to cut schemes aimed at job creation or social programs - like the British government has been doing for the past few years - yet be allowed to spend wildly on a two-week party that in the end benefits no one except those at the top of the Olympic corruption heap.
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