New York City

The City of New York spent 750,000 a day shoeferring a group of 13 members of the IOC (International Olympic Commitee) around the city of New York for four days. The City is trying to persuade the selection comitee that New York would be a perfect fit for the 2012 Olympic Games. Most of their time will be spent in a single room whcih was totally mapped out with architecutal samples of hosting the event."The bid process is the biggest Olympic event there is, and there is nothing like it. " says Rob Livingston, producer of Gamebids.com. He also states that "There isn't anything in the sports world where the stakes are so high. For a city to win they will need 55 votes. And when it's over the city will have spent over 1 million dollers per vote."I think that this is insane. I think the Olympics are so overrated! Why would a city want to spend that much money on events that were popular with the Greeks and Romans. Being from Cincinnati I'd much rather host a World Series or a Super Bowl. The only thing in the Olympics actually worth watching is the sprinters. America's most dominant sport used to be Basketball. Now we cant even win that. So what is the point. Just let the American athletes that train so hard in this country have a vacation and go to Europe for the olympics.
Not only do they have to pay all that money they have to answer and be evaluated on a 119 question test asking questions concerning: irrigation rate, raw material consumption , and even endangered species. They economic standpoint of this is that they ask questions about The weight of public debt, and a Gini income distribution index????? What does that have to do with the Olympics? Well I guess that I never knew that there would be this much use of economics in the Olympics but o well...http://sports.espn.go.com/oly/columns/story?id=1997448 go to see full story.