Open Thread - Olympic Recession

We'll start off with a little humour from a transplanted Canadian and an official Ambassador for the Vancouver Olympic Games, Stephen Colbert, on an odd Olympic recession and the results:

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A recent snapshot of the Olympics going on in Vancouver:

Olympic City Tries To Rise above Recession

“You have to predict the unpredictable”, says Dave Cobb, deputy chief
executive of Vanoc, the committee that has put together the 2010 Winter Olympics.

Were it not for the unpredictable, the games, whose opening ceremony
took place late on Friday, might be remembered as a model of good
housekeeping and environmental stewardship.

The sporting venues
were built on time and on budget. A new subway line links the airport
to the city centre. The athletes’ village, with a view over one of
Vancouver’s many picturesque waterways, sets high standards in energy-efficient construction.

unforeseen events have taken the shine off these accomplishments. An
unprecedented economic boom pushed up labour and material costs during
the early preparations. Then the recession hit. Most recently, the
weather has dampened the Olympic spirit. Vancouver has had its warmest
start to a year ever, and rain has kept revellers off the streets for
the past few days.

The recession hits home for Team USA:

There Was a Protest in Beijing Today

When the International Olympic Committee awarded the 2008 games to that country one of the issues raised was would China allow the press to freely report on the events during the games? And, would the Chinese government allow those who disagree with their policies to protest in Beijing?

In signing the games hosting agreement they agreed to the conditions set by the IOC. Except that neither of these things have come to pass.

Truce Period

Image/Text @ IOC
The tradition of the “Truce” or “Ekecheiria” was established in ancient Greece in the 9th century BC by the signature of a treaty between three kings. During the Truce period, the athletes, artists and their families, as well as ordinary pilgrims, could travel in total safety to participate in or attend the Olympic Games and return afterwards to their respective countries. As the opening of the Games approached, the sacred truce was proclaimed and announced by citizens of Elis who travelled throughout Greece to pass on the message.