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By Ben Meisner

Wednesday, September 16, 2009 03:45 AM

We are ever slowly approaching "D-Day" in the 2010 Olympics.

This is not the day that the events begin but rather the day that the final bill is presented to the provincial government and the cities of Richmond and Vancouver. Does $1 billion sound out of place as the final figure over budget or is that figure in fact too light?

When the bills come rolling in for the security of the event, the cost of the Olympic  village and other expenditures that so far we have not been informed of $1 billion according to the pundits is light indeed.

That’s a lower mainland problem you say, well not exactly, you see you are a provincial taxpayer and any cost overruns will find their way into your pocket.

To however add insult to injury there is yet another component that deserves mention.

Leading into the Olympics Premier Campbell said that following the Olympics he promised it would be the rural areas of the province that will benefit from expenditures in the province.

That now is no more than a hollow promise, in some ways not of his making, given that the economy will dictate what can be spent outside of the lower mainland following the Olympics.

The cupboard is empty and given the financial state of the province, will remain that way for some time. Don’t look for major expenditures coming our way, talk is cheap and while we got some extra road work done on the Cariboo connector this year, completion of that important road link into the central and northern part of the province is now on the back burner and will remain there for years to come.

The Olympics will deliver a double whammy is this region, we will be called upon to pay the bill while at the same time that money will head south for a party not of our choosing.

I’m Meisner and that’s one man’s opinion.


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Comments

Not only that but for the next 6-months we have the target painted on our province for global terrorist provocateurs. If we get hit some political heads will have to roll.

IMO the greatest threat does not come from the Muslim world, or the environmentalists, but rather from Israel. The Canadian-Israel 'Public Security Agreement' gives Israel inside positions in our police forces (specifically the RCMP), as well as immigration and boarder controls for the purpose of 'tracking' terrorists. Signed by Stockwell Day March 23rd 2008 in Tel Aviv... just in time for the Olympics.

Any terrorist attack will be an inside job, because terrorism is the tool of game theory politics. Create the provocation... with the math worked out as to the odds of said outcome from the reaction to events. This is how Israel is governed... purely game theory, which is why no plot is off limits to Mosssad who's own motto is 'the art of war through deception'.

Israel has nuclear weapons of their own, as well as access to America's insecure arsenal through duel loyalty insiders at all the top levels... ie the missing nukes that flew over the country last year from Montana to Texas enroute to the Middle East.

Israel has mastered the 5th column techniques of provocateur game theory for foreign policy outcomes, feels it is immune from international law, is governed by a coalition of religious fanatics and extremists, and needs a major provoking to get their war with Iran and the Muslim world (fought by the rest of the world on their behalf). Israel is impatient now for war with Iran and either way it puts a target on Vancouver pre-Olympics.

It could very well turn out that financial cost will be the least of our concerns. The Vancouver harbor is the perfect place if ever there was one in the world to set off terror politics with a nuclear detonation for a massive game theory end game for global governance. I have no doubt that this kind of threat is very real for the 2010 Olympics. A lot of politicians and political parties will share in the blame if anything happens IMO....

Well said Ben. I totally agree. What a financial mess this Olympics has got us into and for what? It's a rich man's event. Most of us can't afford it. All that money wasted for a very select few to watch a bunch of people skate & slide down a hill. In my opinion...ridiculous!
I also agree Ben. In the South (this includes the Okanagan and the Island) the attitude is "build it and they will come".
In the rest of the province ,where at least half of the money comes from, the attitude is "when they come maybe we will build it".
Bang on Ben!
This one is really gonna hurt over the long term!
"major provoking to get their war with Iran and the Muslim world (fought by the rest of the world on their behalf). "

I would suggest that the war with the Muslim world has been the responsibility of Isreal for to long. Muslim fundamentalists hate us. And this isnt like Western Fundamentalists where they represent a small minority.

"What a financial mess this Olympics has got us into..."

I hadnt heard anyone blame the international economic crisis on the Olympics before now.
"In the rest of the province ,where at least half of the money comes from,"

Certainly not from the population base. Never has and likely never will.

If it comes from the money from taking down trees and exploration rights and royalties from gas/oil, then that has dropped considerably, in case you are a Rip Van Winkel and have not woken up yet.

The south has been the beneficiary of some major infrastructure improvements over the past few years and continues to have those projects being built for their benefit.

The interior is hitting the economy by not generating the income that was normal and expected. Who knows when that will return. Not next year from what I can tell. We'll be lucky if the lumber industry comes back within 5 years and that only if we reach further than the USA with some of our wood products.

For those who have not seen it yet, this is an example of the government's "wood first" vision for public buildings - wooden walls.

http://www.flickr.com/photos/vancouverconvention/3425077732

It looks very nice. If we were all going to build stacked wooden walls for our houses, then we could take care of bringing back the forest industry, but would defeat the "green" concept of efficient use of materials and labour.
Whistler now has deals not seen in ten years. Apparently no one is coming as there are few bookings. it seems that any potential tourists to BC have the opinion that whistler is too expensive.

Only the athletes and their support system are going to arrive.

They have let greed get in the way of success.
There's nothing we can do in regards to the 2010 Olympics now, except LEARN from our government's mistakes, and suffer the 'financial' consequences. Will we? Not very likely as to the former, very definitely as to the latter.

Aside from the much touted effort at "showcasing" BC as "the best place on Earth", (so we can all get busy and make it into the "worst", by cramming more people into its already overcrowded parts, and making the rest into a giant, off-limits nature preserve?), the principal reason for seeking the Olympics was to "stimulate" a then very moribund Provincial economy.

It was a way to raise prices, and through them, business "profits". In spite of the bad rap that last word often gets, "profits" are those accounting entries that allow businesses to repay their borrowings ~ the credit the banking system creates for them.

Without them, business goes out of business, and the overall economy remains moribund, or worse. So they are a necessity, if 'credit', the figurative "grease" for the wheels of commerce is to freely flow.

But after seemingly endless attempts at this kind of "stimulation", dating well back into the early part of the last century, consciously anyways; and no doubt a great deal earlier than that unwittingly; you'd think we would have learned by now, that while at least maintaining the overall rate of profit is vital to continued 'progress', the accompanying rise in PRICES doesn't really advantage anyone.

To illustrate with an all too common expamle:- You sell the $ 60,000 house you bought 15 years ago for $ 300,000 now, making a 'profit' of $ 240,000. But if it now costs you $ 300,000 plus to buy another house, what have you really made?

You still need a place to live, and for the most part, you're just working with larger figures, (except now the $ 300,000 plus will be the base assessment on which you, and the person who bought your old house, will now pay property taxes.)

What really needs to be recognized is that the overall rate of business "profit" as a percentage of Sales is in decline, and has been for over a century. and will continue to be as current labour "incomes", on an overall basis, continue to FALL in ratio to the overall "costs of production" contantly coming forward into prices.

This is the main reason for the ever present trend to corporate concentration which will eventually lead us straight to monopoly "state" socialism when the coming private monopolies still can't fully amortize their debts.

Unfortunately for its advocates, "state" socialism will have no beneficial effect whatsoever in trying to enable business to better serve us. As it is more than already capable of 'physically' doing, but can never do so fully 'financially' as things are. Or would continue to be, if the "government" owned everything, and "profit" were completely eliminated.

What is definitely needed is a way in which to maintain the overall rate of business profit by maintianing the flow of necessary new 'credit' into the economy, but without the downside of ever increasing PRICES.

Such a way is entirely possible by realizing that it is the CONSUMER, all of us, who need to be "subsidised" with a rebate on ALL retail purchases, effectively LOWERING their cost to us, allowing us to fully take advantage of the physical plant we've already created, (and currently only run at 67% of rated capacity!), businesses to improve sales and maintain a rate of profit that can more fully amortize their borrowings, and PROSPERITY instead of INFLATION to finally come into its own.

Such "subsidisation" does NOT involve any "re-distribution" of existing money through taxation whatsoever. It simply means that the government keeps a set of National (or provincial) accounts the same way they are kept in any private business. The "rebate" paid on Consumer Prices is in the nature of ongoing macro-economic "accounting adjustments" to equate "prices" to "incomes" in the economy as a whole.
Eagleone, Huh!
"You sell the $ 60,000 house you bought 15 years ago for $ 300,000 now, making a 'profit' of $ 240,000. But if it now costs you $ 300,000 plus to buy another house, what have you really made?"

The ability to buy this place and get away from it all in a place that has about 25% of the living cost of here and a pension will actually mean something.

http://www.miravistasa.com/images/beachhousecru.htm
seamutt ..... you can tell when eagleone has not taken his meds yet ... his anti-zionism and opinions about zionism conspiracies comes through loud and clear.

We normally ignore him at times like that. :-)
Gus.
Thanks for the link to Equador. Might have to take a trip there to look at Real Estate. Sure looks like a beautiful place to spend winter.
Too true gus.
Total farce from A to Z. Another piece of crap that was rammed down our throats courtesy of an inept and deceitful government.

BC Rail, HST, the Olympics....yeah, i am bitter.
I just said it because it has to be said. I hope as much as anyone that my concern is not valid... but if one takes a close looks at the facts they will conclude this is a very very real threat for the 2010 Olympics... we are after all at war in a far off land, and we all know the neocons are working on a second front. All wars start and are fought by deception 100% of the time (people wouldn't fight otherwise), so vigilance and not naivety is important. I feel if I call it like it is, then their is a chance others (in politics and law enforcement) might take note and adjust their behavior accordingly.

I find it interesting that Gus defends zionism, as if it is a legitimate ethical political movement. Their well documented crimes against humanity could fill a library, and that people still justify their actions seems puzzling to me. The facts are zionist operatives have perfected the art of terrorism and its use for political purposes (its how they built their state)... and between now and 2010 Vancouver is the big target for any geopolitical message a terrorist might want to send (or that we would like to think a terrorist is sending). All the stars are lined up perfectly for that kind of event in Vancouver at this point in history.

Personally I would like the Canadian security arrangements to be 100% sovereign... no Israeli's working counter terrorism from our inside operations in Canada for minimum the next 6-months... no foreign nationals from any nation in fact should be privy to our national security plans (including the Americans because they are infected with moles)... all personal watercraft within 100miles of Vancouver should be searched on a continuous basis to the point where it is not worthwhile to operate personal water craft during the Olympics... ditto for small aircraft... and the boarder should have very tough screening with nuclear sniffers at all points of entry from the US, as well as I would even suggest the Fraser Canyon and the Cocohalla (spl) entry points to the Lower Mainland to ensure anything isn't smuggled in from other parts of Canada as sleeper type agents... Greater Vancouver should be swept from the air for radiation detection at least once a month prior to the Olympics, so as to make accurate comparisons of any noticeable changes (I'll bet its never even been done once to this point).

The next 9/11 event will be a nuclear event most in counter terrorism would all agree... and so it will cost, and cost a lot, if we want to make sure we don't become that statistic. People don't like to think about that and ridicule and call it conspiracy, but it is in fact the reality we live in today when all the political correct talk is brushed aside.

I am a libertarian at heart, as most would know by now, but in this situation for those two weeks and the time period leading up to it we need to be real about the potential devastating threat that Vancouver is lighted up now for. It will cost a lot of money and realistically could cost $3 billion or more to do properly, and not the couple hundred million allocated so far.

Time Will tell
"I find it interesting that Gus defends zionism"

I find it interesting that you can somehow interpret something like this when he was doing nothing more than pointing out the content of your rant. I see no 'pro-zionist' statements in gus's post.

The only one who cares about 'zionism' one way or another on this site is you.
And you too obviously :)
Uh no. But nice try. I'm not into conspiracy theories.