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Old 03-19-2007, 04:35 PM   #3
Cyclefrance
Pump my ride!
 
Join Date: Aug 2005
Location: Deep countryside of Surrey , England
Posts: 1,890
Yes, a fan of the Olympics - but not of inept financial forecasting that has emerged over the last week or so. Want to take a guess at the final cost, and how much will not be finished on time? I look at the Wembley fiasco (let alone the Millennium Dome) and it sends shivers down my spine. Now lottery money earmarked for other things is being side-lined to plug the current deficit at the expense of the other good causes it was meant to help. The original plan that won us the bid is already being scaled down in size and scope, and yet still the forecasted cost escalates.

The Olympics deserves to succeed, but the cost has been grossly underestimated (but then, I suppose, isn't it always) - People just wonder where it is all going to end financially, because they know who is ultimately going to foot the bill.
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