st4
Banned
There is no Olympic underspend. The massive overspend just isn't as great as was predicted.
Lol. Actually lol
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There is no Olympic underspend. The massive overspend just isn't as great as was predicted.
There is no Olympic underspend. The massive overspend just isn't as great as was predicted.
Paxman is rapidly losing his remaining credibility as a skilled interviewer as he relies far to heavily on his previous reputation and intimidation tactics to achieve his results rather than intellectual lines of questioning.
I though Ms Smith far from "crumbled", she maintained a dignified and consistent line of answers. I do however think that putting her in this position showed a serious lack of judgment on behalf of the Treasury and not a little cowardice in keeping some of their big guns safely shielded.
That's what advisors are for. Ministers essentially need to be decision makers and policy formers, and they need to be versatile enough to pick up virtually any brief handed to them.
Not so. We've had this argument before - the original budget was for the Games themselves, most of which was covered by private investment and sponsorship. The overall budget included the long-term regneration of the Stratford area, and has been brought in £0.5bn under budget.
I beg to differ.
The whole thing was appallingly costed from the start and the taxpayer has made up the shortfall with no questions being asked.
We have discussed the legacy before too. And a couple of wealthy football clubs bidding to take control of the stadium whilst the Olympic village is sold off to Middle East developers says more than I ever could.
You can't have it both ways, as much as you'd like to. On the one hand you complain about the cost of the project to the taxpayer (which incidentally had to be approved by Parliament) while on the other you ciriticise the sale of key assets to the private sector - albeit with subsidy or at a loss, but nevertheless for the best return available at the time.
I also think it's very reckless to have the Olympics while we are still occupying Afghanistan.
I'm not usually the type of person that worries about terrorist attacks but I know for a fact that you couldn't pay me to go to London this summer, and the amount of manpower the security forces are spending on the Olympics tells me that they have similar concerns.
I just can't see it going by without incident.
Wouldn't it have been better if Parliment etc decided they (the Games) not what London needed.
You can't have it both ways, as much as you'd like to. On the one hand you complain about the cost of the project to the taxpayer (which incidentally had to be approved by Parliament) while on the other you ciriticise the sale of key assets to the private sector - albeit with subsidy or at a loss, but nevertheless for the best return available at the time.
That's a different question and opinions will vary. I've gone from being fairly neutral to being largely in favour (while despairing at the whole commercialisation aspect imposed by the IOC).
However, I will say that as the Opening Ceremony creeps ever closer and the preparations are now becoming tangible throughout London, the general level of enthusiasm is growing substantially and there is a real buzz about the place.
That's a different question and opinions will vary. I've gone from being fairly neutral to being largely in favour (while despairing at the whole commercialisation aspect imposed by the IOC).
However, I will say that as the Opening Ceremony creeps ever closer and the preparations are now becoming tangible throughout London, the general level of enthusiasm is growing substantially and there is a real buzz about the place.
Thats fine for Londoners, but what about the rest of the country? IMHO, and this is all opinion now, I think its an appalling thing for our county be committed too and for the costs involved, for only one city to really benefit is not fair and just. Plus the benefits post Olympics, for the people moved out of their communities remains to be seen if they are benefits.
Well, it had to be based somewhere. But it's not just London that will benefit - Olympic events are being hosted up and down the country.
As for the (true) cost - it's not much different to what some individual banks have set aside to deal with missold insurance, or the cost or running the NHS for less than a week. It's not that significant in real terms.
You'll find that such enthusiasm becomes more muted as you head further north.
Mind you, with the wall-to-wall coverage offered by the BBC and other media it really shouldn't be so. For the last two evenings, the BBC's local 6.30 news was given over entirely to the non-event that is the progress of the Olympic torch.
Or to be more accurate, for two evenings we were treated to 30 minutes of impromptu chat with gormless members of the public whilst we waited for people in dodgy white shell suits carrying gaudy pieces of fake gold (that will soon be flogged on Ebay) to grace us with their presence.
Don't believe the hype.
I had to laugh. My daughter as you may recall, moved to London last October...she flew over. A week later we drove over with her "stuff".
We happened to mention that she was well placed for the Olympics, to which she replied..." it'll be awful here with all those tourists". After a week she'd found out the stock Londoner answer to the Olympics...oh how we laughed.
Everywhere the torch relay has been, it has been greeted by cheering crowds, come rain or shine. That shows that there is building enthusiasm for the Games and what they stand for all around the country - even in parts that won't host the Games themselves. Of course not everyone is going to agree, but I do get a sense that excitement is now building rapidly after a very long run-up process.
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