Dear republican idiots...

**Ksandra** · 2009-10-09 13:05

Beijing Olympics generated China a profit of 146 million dollars

Beijing, June 20 (ANI): The Chinese Government has declared that the 2008 Beijing Olympic Games generated a profit of more than one billion yuan (146 million dollars).

According to the National Audit Office (NAO) website, the total operating cost of the Games was 19.343 billion yuan and the operating revenue was 20.5 billion yuan.

China also spent 19.49 billion yuan on building 102 Olympic projects in Beijing and the five other cities that co-hosted the Games, the report said.

Thirty-six spots were competition venues and the rest were used for training.

The operating revenue came mainly from broadcasting rights and marketing programs.

The expenses included 5.092 billion yuan on broadcasting, accommodation, transport and medical services; 1.272 billion yuan on the opening and closing ceremonies, torch relay and other promotional activities; and 1.424 billion yuan on human resources.

China plans to use the earnings to set up special funds for the development of sports, improving sports facilities and organizing events for the common man.

“The scheme to set up the funds is under discussion,” China Daily quoted an official, as saying.

The cost of Beijing Games was lower than that of the Athens Games, which cost 2.4 billion dollars, and reportedly made a profit of 155 million dollars.

“According to fixed exchange rates, the cost of the Beijing Games was slightly lower than that of the 2004 Athens Olympics, and as we know the budget for the next Games is more than that for Beijing. So the Beijing Olympics was not the most expensive,” chinanews.com.cn quoted an NAO official as having said.

The website further said: “BOCOG controlled the expenditure, and its revenue was much more than the originally estimated 410 million yuan.” (ANI)

Read more: Beijing Olympics generated China a profit of 146 million dollars

I await for the day when you all get your heads out of your asses, and realize that spending ONE FUCKING DAY to try and hopefully gain 146 mil revenue for our country that is spiraling down into a depression MIGHT ACTUALLY HAVE BEEN A GOOD USE OF TIME SPENT.

I am too annoyed to post this in general.

**Ragnell** · 2009-10-09 13:13

k

**Mizango** · 2009-10-09 13:14

Inb4 Lief, Egon and Swampdonkey.

**Ksandra** · 2009-10-09 13:17

srly, dru's parents are republican so I have to listen to this shit everytime we eat dinner, and they always have fox news going.

Past few days they've been having a field day "doesn't the president have more important matters than the olympics?"

no dipshits it was one day's worth that could have equalled 100+mil towards our debt.

YOUR PRESIDENT TOOK MONTHS TO CLEAR OUT A FOREST IN HIS BACKYARD.

**TheShadyMan** · 2009-10-09 13:25

You know, in a close to 12 trillion dollar debt, 130 million really is not that much.

**TheShadyMan** · 2009-10-09 13:26

That's 1.08% percent of the debt.

**TheShadyMan** · 2009-10-09 13:26

Which, admittedly, is more then I would have guessed at.

**Ksandra** · 2009-10-09 13:29

ya but look at the time spent to really get it 1 day...

obviously the actual olympics will take a lot, but that could boost moral for the country and keep people active in jobs n' such

**Colenzo** · 2009-10-09 13:31

olympics are pointless, its just abunch of black people competing from across the world

**Ksandra** · 2009-10-09 13:33

Originally Posted by Colenzo

olympics are pointless, its just abunch of black people competing from across the world

I now see what angers fox news

**TheShadyMan** · 2009-10-09 13:34

But then again, this is America, and being capitalist, I'm sure we'll pull bank out of this.

**TheShadyMan** · 2009-10-09 13:35

But goddamned it, at least we still respect Olympics enough for everyone to show up and hopefully put some fucking wars on hold.

**Ksandra** · 2009-10-09 13:35

Originally Posted by TheShadyMan

But then again, this is America, and being capitalist, I'm sure we'll pull bank out of this.

we didn't get it sadly

**Colenzo** · 2009-10-09 13:37

:3 <3

**Darkslitter** · 2009-10-09 13:39

Originally Posted by Colenzo

olympics are pointless, its just abunch of black people competing from across the world

jealousy

**quannum** · 2009-10-09 13:44

didn't we just have the summer olympics? in like 96 or something.

i didn't watch'm then either

**Ksandra** · 2009-10-09 13:48

last one was in 2002 in salt lake and gave us about a mil

Sports | Salt Lake City Olympics ring up $101 million profit | Seattle Times Newspaper

**Therin** · 2009-10-09 13:51

Originally Posted by TheShadyMan

That's 1.08% percent of the debt.

Your math is ridiculously off. <_<

1.08% of $12,000,000,000,000 is $129,600,000,000.

If our debt is actually $12,000,000,000,000 (which I'm not sure), $146,000,000 is something like .001228% of the debt.

But yes, as much as it angers to OP that we didn't win the Olympic bid, it wouldn't have made a lick of difference for the economy. Some people don't understand the magnitude that government and economies operate on, I guess.

**Mizango** · 2009-10-09 13:51

Headspace just got me banned for trolling the Cincinnati paper message boards. I thought folks in the bible belt were supposed to be tolerant?

I'm just doing a poor boy who is doing the lords work.

**Linliel** · 2009-10-09 13:52

The Sydney Olympics did amazing stuff for the city -- for once the trains actually ran on time and catered to capacity. Also the infrastructure that was put in was pretty good. We also had a massive increase in tourism and yeah it was really good. Mind you Sydney's pretty damn beautiful for a city, idk what Chicago's like except for what I saw inThe Blues Brothers.

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