Wednesday, December 20, 2006

The Only Way Is Up

The Times reports here on the rising cost of the Olympics, less than a month ago when I wrote here the costs were estimated at 4 billion and I said 20 billion, now there at 8 billion and rising so my 20 billion (like me) seems rather conservative.

Anyway aside from the incorrect headline in the print version saying: "Olympic bill up to £1bn..." which should surely be "up by" the article tells us that up to 80 businesses and hundreds of residents may have to be evicted to accommodate this leviathan and that happily compulsory purchase orders can now be used to ensure the site is vacant.

It's what you'd expect in a third world country, bulldozers moving in demolishing the shantytown to build a new presidential palace. Of course that's no real comparison, here in the Socialist homeland a palace to the people is to be built and these bourgeoisie individualists who are selfishly holding on to their property (remember all property is theft) instead of accepting the generous compensation offers by the good state don't deserve anything and indeed it shall be taken from them.

For those still concerned about the false stories of rising costs of this glorious event of the people: "Department for Culture, Media and Sport officials said they did not consider the agency expenses of relocating businesses to vacate the site as part of the core costs of the Olympic Games." So you can see the costs aren't really rising at all as this kind of thing isn't anything to do with the costs of the event at all.

All the talk of relocation disguises some hard facts including: "Some of those most difficult to move include car breakers and small businesses." This is what it's all about, it's fairly easy to move a large supermarket from A to B, but a car breaker, well no one wants that near them, but it's a necessary service. These businesses are surviving and competing in the market economy and part of that success must be due to their location even to an extent never even considered by the owners, things such as transport links, possibly cheaper labour etc. and relocating them could well finish them off anyway.

In the balance of things, I wouldn't even risk losing one of these businesses for such a wasteful event that the 2012 Olympics will be. The business however small contributes to the economy, the Olympics will drain it, and there's no way it'll match anything done by America or China or Australia. We'll be the shame of the world and it'll give the Aussies another thing to have a go at us with.


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