Sunday, February 25, 2007

Remember That Olympics Bid?

  • It has been reported that the cost of the 2012 London Olympics could soar to £9 billion, almost four times the original estimate.
  • The BBC says that the Treasury and the Department for Culture, Media and Sport are discussing the price, up from the £2.35 billion set out in London's bid document.

    The Government reportedly believes construction alone could cost £3.3 billion, with an extra £2 billion allocated as a contingency fund.

Any of this sound familiar? "almost four times the original estimate"? And we thought "contingency fund" was a Chicago term. Given Chicago's history of crooked contract awarding and checkered political past, cost overruns and the like are pretty much a guarantee.

Just for comparison purposes, £9 billion translates into about $17 BILLION US dollars. You think the Machine and the Daley connected construction firms aren't drooling in anticipation of a $17 billion dollar payday?

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23 Comments:

Anonymous Anonymous said...

The desk bunnies at 35th street are going to be dumped en masse to the districts in order to beef up TRU. Welcome to the real world girls.

2/24/2007 11:47:00 PM  
Anonymous Anonymous said...

The political crooks and cronies and clout-connected mobsters of Chicago are sure to surpass $17 billion.

2/25/2007 12:32:00 AM  
Anonymous Anonymous said...

DISARM THE MANY, TO SAVE THE FEW!

2/25/2007 07:47:00 AM  
Anonymous Anonymous said...

we pay, they play.

2/25/2007 08:35:00 AM  
Anonymous Anonymous said...

Olympics benefit the few few people that are lucky to get the contracts, everyone knows this. Everyone (taxpayers) are left holding the expense. Remember the cost over runs at Soldier Field? Multiply that by 100. Thats why Mr. Pimp Ryan is in charge. Remember Dyche Stadium at Northwestern? Since he donated the money he changed the name after 70 plus years as Dyche Stadium.

2/25/2007 08:55:00 AM  
Blogger Yahoo Mush Mouse said...

Yes the Aldercreatures are drooling, vote out the incumbants!
Bye Ginger.

Signed,
Voters of 19th Ward

2/25/2007 09:49:00 AM  
Anonymous Anonymous said...

that one will pale in comparison to chicago! over runs at o'hare,mCcormick place, the big park millenium, etc will daley be able to pay off all his friends? Or hopefully will he be indicted and jailed by then?

2/25/2007 12:32:00 PM  
Anonymous Anonymous said...

Hey this will be great! Side jobs, oh yea! The world can see the typical Chicago cop on world TV. Fat and dopey looking with those silly beanie hats. Ho Ho Ho Its just so dorked

2/25/2007 01:34:00 PM  
Anonymous Anonymous said...

Off Topic, One of our Brothers, Chief Bill Jaconetti (Melrose Pk PD) passed away. Formerly, retired Sgt. Wm Jaconette of the Chicago Police Department. Chicago's most decorated officer. Services will be held 26 Feb 07, 4-9 PM at the Cumberland Funeral Home. One of the best police officers I had ever known. May God bless his soul.

2/25/2007 02:13:00 PM  
Anonymous Anonymous said...

Daley is an egomaniac.

He doesn't care if it costs $100 billion.

So long as everyone in the world can see "Richard M Daley, Mayor" on everything that is nailed down, he'll be happy.

That money CERTAINLY can't be spent on any numerous projects in Chicago!

2/25/2007 02:21:00 PM  
Anonymous Big Brothers and Sisters said...

Chicago Police bowling for big brothers and sisters raised $37,000 thank you all who participated including a very special bowler, Freddy,who bowled a 200 game! Freddy has a very special passion for bowling and would love to bowl in the special olympics one day.

2/25/2007 02:39:00 PM  
Anonymous Anonymous said...

The announcement of Bill Jaconetti's death had been greatly over stated. According to the Tribune's obit section it was the brother of Bill that passed away. Maybe you should take a remedial reading class.

2/25/2007 05:55:00 PM  
Anonymous Anonymous said...

Off topic, Crawlin for the Fallin Pub Crawl was last night. Good times!

2/25/2007 06:27:00 PM  
Anonymous Anonymous said...

Previous post error:

Natale J. "Nate Bomber" Jaconetti Jr.


Natale J. "Nate, Bomber" Jaconetti Jr., devoted husband to Marlene, nee Rosanova, for 50 years; loving father of Deanna Trypak; proud

papa of Dominique; brother of Gloria (Rocco) Collela, William, police chef of Melrose Park (Donna), Armando, the late George (Mary Jane), Louis (Late Corrine) and Anthony Jaconetti; cherished godfather of Daniel Jaconetti and Joseph Catalano; dear uncle and friend to many; beloved son of the late Natale Sr. and Theresa, nee Miniacchi. Nate was a 4th Degree Knights of Columbus, Father Breen Council member. Resting at Cumberland Chapels, 8300 W. Lawrence Ave., Norridge, Monday, 4 to 9 p.m. Funeral Tuesday, 8:30 a.m., to Our Lady Mother of the Church for 9:30 Mass. Entombment All Saints Mausoleum. In lieu of flowers, please make donations to Soaring Eagle Academy, P.O. Box 63, Riverside, IL 60546 (His granddaughter's school for Autism).

2/25/2007 07:33:00 PM  
Anonymous Anonymous said...

To: 2:13 pm poster..

Are you sure it was Chief Jaconetti?

The obituary in the paper say's Nate Jaconetti, Bill's brother.

Boy..I hope you aren't a Detective!

2/25/2007 08:05:00 PM  
Anonymous Anonymous said...

Congrtats to Chicagoian Jennifer Hudson on the Oscar for Best Supporting Actress in "Dream Girls."

Too bad Daley killed the movie industry in Chicago.

2/25/2007 09:50:00 PM  
Anonymous Anonymous said...

What would you rather have Daley spend the money on, the Olympics Project or the Bust-Out Projects? Because those are your two choices, my friend.

2/25/2007 11:18:00 PM  
Anonymous Anonymous said...

it would be so full of cost overruns and theft if we got it! the degnans,reyes,joyces are salivating now over this huge windfall of profit for the select few!

2/26/2007 12:47:00 AM  
Anonymous Anonymous said...

Too bad Daley killed the movie industry in Chicago

Chicago was great city to do movies in until unions had to get thier money and price Chicago out of the market. Toronto became Chicago.

2/26/2007 03:08:00 AM  
Anonymous Anonymous said...

How did Daley kill the movie industry in Chicago? How is it his fault that the Unions priced this city out of the market?

2/26/2007 09:20:00 AM  
Anonymous Anonymous said...

Daley DID kill the film industry in Chicago

Richie put a 6 and one half per cent tax on all rental equipment used by movie makers and Joe-Home-Owner.

This caused film equipment, prop and costume rental houses to close up. In the 80s&90s when movies shot in Chicago, the lines of trucks on location sets had Illinis license plates and Chicagoians had the jobs. Now when the rare film shoot happens here the trucks all are from California and Arizona and the workers are mostly from out west also.

Toronto loves Daley, he sent them alot of jobs. Frankly, they can have him.

2/26/2007 01:38:00 PM  
Anonymous Anonymous said...

Chicagoans should pray for the Olympics in 2016. Property values will sky rocket in Chicago. It'll be a smaller version of Manhattan!!

2/27/2007 12:50:00 AM  
Anonymous Anonymous said...

CHICAGO HAS TO GET THE 2016 OLYMPICS, BECAUSE L.A WILL BE PART OF MEXICO BY THEN.
BUT KEEP VOTIN' DEMOCRAT.

3/01/2007 04:33:00 PM  

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