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By Undustrial (registered) - website | Posted August 03, 2010 at 23:46:05
Amazing article Mahesh. Usually I just skim long posts like that, but I was glued to every paragraph.
The facts just don't stack up to stadium rhetoric. As someone who's done a lot of research into Olympic issues, I can tell ya the same thing usually happens there. Huge windfall for a few developers, and sadly underperforming public revenues.
The dumber this gets, the harder it's going to be to justify a stadium at all. And that is not to say that it isn't already very dumb, and hard to justify already.
"Today, the notion of progress in a single line without goal or limit seems perhaps the most parochial notion of a very parochial century." — Lewis Mumford
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