Talk about creative financing!!
Wow! The federal government is giving us a good deal on the security costs for the Olympic games. We only have to pay another $165,000,000. But don’t worry we’ll call it infrastructure spending, that way the true cost of the games will still be on budget and no one will be the wiser.
I was under the, obviously wrong, impression that the Provincial / Federal infrastructure spending was part of the stimulus package to create jobs in B.C.
Now I have been watching the development of the Olympic story since it was announced and soon realized that there would be massive cost overruns in all aspects of the games. It would be amusing, even comical if it weren’t for the fact that it will be us the taxpayers and our children and grandchildren who will being paying for it.
This most recent announcement is I suppose somewhat refreshing in that it is not even attempting to hide the fact that policing the games is not a bridge, even if that is what they call it in their paperwork. In the past the government insisted that Olympic costs were just normal infrastructure spending. I still don’t understand why we can’t call it Policing costs but have to call it a bridge, and where does it go and who’s name do we put on it? Maybe the Gordon Campbell invisible bridge to nowhere?
Your tax dollars at work. Zero jobs created, on time and on budget total cost $165,000,000.00
Trivia - Until the nineteenth century, solid blocks of tea were used as money in Siberia!
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