The numbers are shocking, the losses staggering and the Olympics are a failed and losing proposition perpetrated on the taxpayers of host nations who pick up the multi-billion dollar tab. Russia spent $50 billion, Brazil $20 billion and Greece’s modern day Olympics (2004) pushed it into its current black hole of debt. All countries exceeded their budget with an average cost over run of 179%. Why do we keep paying the Pied Piper? (a.k.a. International Olympic Committee, the propaganda addicted politicians and all the greed-mongering people associated with the lie).
(6 minute read)
From Berlin to Rio
Power tends to corrupt, and absolute power corrupts absolutely. Great men are almost always bad men. – Lord Acton (1834-1902)
Lord Acton would have been well aware of the first, modern Olympics staged in Athens in 1896, but he could not have known how prescient his insight on power and corruption would be to the Olympics over the ensuing century. Certainly his descendants have witnessed the merits of his axiom.
The power, corruption and propaganda of the Olympic movement is a blinding glimpse of the obvious but none of it more criminal than in the 1936 Berlin games and, eighty years later, in Rio de Janeiro. The Nazis high-jacked the international event and turned it into a model for patriotic propaganda, political corruption and the virtual whitewashing of their heinous plans for war and extermination of Jews. And this was not without the help of American, Avery Brundage who facilitated the International Olympic Committee’s (IOC) complicity with the Nazi regime. Brundage and others were in bed with the Nazis up to their corrupt asses.
In 1936, despite the euphoria surrounding the accomplishments of the athletes (Americans still remember the great victories of Jesse Owens and the Washington State rowing team), the game’s greatest achievement was a facade for Hitler’s concept of the superiority of the Aryan race and his war plan.
The Berlin Games established the pomp and ceremony and template for the extravaganzas we now indulge in, which are ostensibly for the love of sport, but in reality are a propaganda behemoth for the host nation. The IOC has always understood this and no one more than Avery Brundage. When a nation wants propaganda on a world level, there’s no limit to the greed, corruption and crippling costs.
Today, the cost is beyond any intelligent rationale. A study by Oxford University on Olympics from 1968 to 2012 stated that all exceeded their budget with an average cost over run of 179%. Apparently, the estimated cost for the Rio Olympics is $12 billion with predictions that it could top $20 billion. And yet, Rio is already broke, the Brazilian government is in the midst of an economic crises and the World Bank states the economy will shrink by 2.5% in 2016.
All this spending in a country where 21% of its people live below the poverty line (versus USA approximately 13% and Canada 10%), and according to a CBS News report the Brazilian government “has cut spending on health care and education, the police have gone unpaid for weeks at a time, and at least 20 percent of the population lives in favelas