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Originally Posted by Mutt
Every city/country that's held the Summer Olympics has regretted it - Montreal/Quebec I believe is still paying off the debt in some way from the 1976 Summer Games. Atlanta because of Coke paying a big part of the bill may have fared better. LA the same because they were run the right way. It's the cities/countries who get sucked into this fantasy that hosting the Summer Olympics will put them on the map as world class that end up trying to impress the world and run up ridiculous debt doing so.
The IOC is a totally corrupt organization run by European aristocracy and filled with lowlifes on the take and the corruption goes on in the national Olympic organizations of all the countries who are part of it, then down to the politicians of the city/state/country hosting the games who siphon off more money for themselves and their 'friends'. And the dopey citizenry eats it all up and cheers with pride until the circus leaves town and they're left with the bill. Think of what that kind of money could do if spent on things the average person could make use of.
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living in Barcelona, all I can say is that this city is benefiting from the Olympics every single day even today. The tourism has gone crazy, it has exploded. One reason? the beach that was built as part of the Olympic campaign.