Do you think this will be a good thing for the state?
Financially I think it makes little sense, having to build up all the infrastructure that will be mostly unused once the games move on, but I would like to see the Olympics one of these days and this would give me a better chance and it would be fun to see the State on a international stage.
Thomas Sowell: There are no solutions, just trade-offs.
I think the fleeting spotlight that would be shown on the state will be grossly outweighed by the debt generated. My understanding has been that most of the cities who have hosted games don't recoup the cost of building the infrastructure required by the games.
It makes more sense to me to have the games in a permanent place where the facilities are used continuously rather than moving from place to place, but that would certainly open up several cans of political worms!
I know of only time that the place was in the black when it was all done. I will try to find the website for it.
As for Colorado. I do not believe for one minute that we can afford it. Suppose to be done with part private donations and then public funds. Colorado is having a hard enough time dealing with debt now. Don't need to add to it. And since if it is awarded to the state, then they have to start on it. Where do u think the funds will come from?
If anyone thinks that the Olympic Committee has forgotten that Colorado said thanks but no thanks after being selected the last time I think that person would be mistaken. As far as profit goes, Salt Lake proved the Olympics can be hosted at a net gain instead of a net loss with proper planning and I think the same could be done here, but I don't really think we will ever have a shot at hosting the games after what happened in 1976.
The Denver Post likes the idea in their editorial today, believing we won't have all the infrastructure costs usually associated with building new venues since we have already paid for both major and minor league sports stadiums.
But they do worry about overruns like Vancouvers.
I have to disagree with PS, I think USOC would be willing to give us another chance, but I also think Colorado voters would currently vote down any bond financing scheme to pay for it.
Thomas Sowell: There are no solutions, just trade-offs.
I would be very interested in seeing what the plans are and what the expected layout of money is. If done right...using the infrastructure and facilities that are here instead of building new everything...it could work. Currently, the I70 corridor I don't believe could handle the extra traffic.