After the Olympics

http://finance.yahoo.com/news/abandoned-venues-from-the-2004-athens-olympics.html

There is no excuse for this crap. A complete and utter waste of money and resources. But hey, at least people had a good time while it lasted; right?

facepalm

Related: Block’s point that while in the free market capital left after company failure is reused most of the time, capital left over after failure of government roads is NEVER recycled.

Do I make sense? I was just fascinated when I read this in one of his essays on the roads in Building Blocks for Liberty.

Since this wasn’t merged to the low content thread, and it got bumped, I figure I’ll go ahead and add these:

5 Things They Don’t Want You to Know About the Olympics

5 Creepy Things London Did to Prepare for the Olympics

Distribution of Tickets to Events

The Mercantile Olympics

The Olympics and Comparative Advantage

“But still, the aquatics center, beach volleyball arena, and softball arena are all literally falling apart. In addition, the massive Helliniko Olympic Complex where many events were held has been abandoned, and is in desperate need of private investors, according to AFP.”

I love when governments, after robbing you (as part of the private sector) at gunpoint, moan and whine about the need for “private investors”: kinda like our local councils, which after squeezing us like so many toothpast tubes have the audacity to look for “private investors” to maintain parks and other amenities we already pay with our taxes…

I’m proud to say I haven’t watched a single frame of Olympic footage. :smiley:

Clayton -