Olympics Ruin Vancouver

By [http://ezinearticles.com/?expert=Aleksandr_Kor]Aleksandr Kor
Many residents of Vancouver's cursing the day when the IOC decided to entrust this city of the XXI Olympic Winter Games. Instead of the expected profits for the Olympics will bring the city a huge loses.Because of crisis many sponsors have dropped this idea such giants as Nortel Networks and General Motors. Games security costs unplanned increased from $ 165 million to one billion.
Residents of Vancouver and British Columbia have already experienced a reduction of expenditure on education, health and arts funding, as local authorities faced with large costs associated with the Olympic Games. Given the new cuts in social spending, it is doubtful that all the turmoil and disruption caused by the Olympics, will be forgiven and forgotten. Moreover, the belt-tightening will be in a long time. It is unlikely to please the average Vancouverites. Someone end up being at the Olympics state, and most of the 580,000 residents of Vancouver, it will bring loss, headaches and worsening living conditions. Today, many citizens have to pay higher taxes, but they can not afford to even attend the event. Tickets are prohibitively expensive. Even a ticket to the awards ceremony is $21.
Even today, in the days of the Olympics, Vancouver called a city of contrasts. Next to the Olympic facilities adjoin the poor areas where the nights rude hordes of drunken "fans".
Vancouver mayor Gregor Robertson Games inherited from its predecessor, which pill is exactly what he had done the capital city of the Olympics. Inherited Robertson and financial problems, especially related to the construction of Olympic Village, which was erected in debt. Now the debts of the municipality is estimated at one billion dollars that has already led to a lowering of credit rating of Vancouver. Because of financial difficulties fashionable resort of Whistler Blackcomb, where competitions are held on the ski and alpine sports, will be sold at auction in the near future.
Well, if after the Olympics will be able to realize some real estate. Otherwise the city would be suspended on the debt hook. Even supporters of Robertson acknowledged that today "more problems than opportunities." Forest industry, a onetime stronghold of British Columbia's economy, ravaged by a beetle infestation, Dry wood borers, the collapse of the real estate market in the United States and increasing competition with suppliers of timber from South America. "In addition to spectacular mountain slopes town and there was nothing to offer - said Professor Simon Fraser University, Kennedy Stewart - Revenue wait nowhere, except that the municipal authorities will start haggling marijuana."
Even difficult to imagine any astronomical quantities achieved cost of the Olympics in Sochi, and what will be the amount of debt capital Olympic 2014.
People say that it is better to buy [http://www.stigapingpong.com/tables.html]stiga ping pong tables and make table tennis championship instead of olympic games.
Sports the best thing to do!
Article Source: [http://EzineArticles.com/?Olympics-Ruin-Vancouver&id=5785660] Olympics Ruin Vancouver