5-7-2 on Front Street: America’s Cup 2013 Starting Early? – A “Windfall” for Some, But Not For All

Get used to seeing boats coming and going around town over the next year or two.

Like this:

Click to expand

Forgive me for not jumping on the bandwagon, for not joining in with the mindless cheerleading.

The fact is that our America’s Cup deal was negotiated poorly. Can anybody deny that? O.K. then.

Now, do you want to say that all this rigmarole is a net positive for the 415 anyway? Well, that’s up in the air.

If you personally get a gig for a number of months, you know, setting up and maintaining port-a-potties and whatnot, then somebody could call that an exercise in “creating jobs,” I suppose. So good for you.

But to compare the famously corrupt Salt Lake City Olympics, or any Olympics, with our AC13, well, that’s not a good thing, is it?

Maybe Larry’s Boat Race will be just like an especially small Olympiad?

Although the accounting methods of Olympic organizing committees are often murky, the evidence further suggests that all of the last six Winter Olympics ended up losing money. The organizers of the Turin Games in 2006 admitted to a $32 million deficit. And while organizers of the 2002 Salt Lake City Winter Olympics boasted an operating profit of $110 million, the U.S. General Accounting Office determined that the federal government contributed $1.3 billion toward the event. Plagued by cost overruns, the 1998 Nagano Olympics also lost huge piles of dough, though no one knows exactly how much because the organizers burned the accounting books, leaving the financial impact a mystery.”

So, do I have an inventory of all the land mines what are hidden in the agreement that was negotiated? Not yet, but brace yourselves for them…

In the meantime, study up on all the Eurotrash what are racing the boats. Which collection of Euros are you going to be rooting for?

And dig up your old NCAA uniform. It still fits!

And then bone up on your two-legs-good, four-legs-bad style chanting:

natural amphitheater

world-class 

Go, Eurotrash, go!

Larry Ellison is NOT the biggest fucking douchebag on the entire planet

Hurray!

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