I knew it would come sooner or later. An item on the lunchtime news confirmed that the 2012 Olympic bid seems to indicate that the final(?) cost is about £1bn short. Yes, one billion pounds shortfall. The reason? They forgot about the VAT factor in the calculations.
For crying out loud, how does a slip-up like that get overlooked when the bids are assessed. Have we learned nothing from the building cock-ups over the past four decades when large building projects have gone over budget?
The Thames Barrier? The Channel Tunnel? The Circus Tent (oops, sorry, The Millennium Dome)? Wembley Stadium? All of them costing more than estimated. All of them delivered late!
Another monetary burden to stick onto the tax-payer ... and it's no good the Government saying it won't be us facing the bill because it is always the tax-payer who pays!
I wish I could understand why these mistakes keep happening. I know that I was disappointed when London 'won' the Olympic Games purely because I, and not only me, knew that this was going to happen. Let's see what bullsh*t Blair and Coe come up with. The papers will be full of gung-ho, let's pull together and get the job done ... that'll be the day!
Will the last person to leave the country kindly turn the light out? ... on the other hand, why bother?
Monday, November 06, 2006
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