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.

However,
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:

Team USA Bailout:

Country artists such as Sugarland, Rascal Flatts and Gloriana, from
the “real America” have recorded a soundtrack for the upcoming Winter
Olympic games in Vancouver to raise money for Team USA.

While Haiti concerns remain in the forefront of the news, some patriots have turned inward to look at America.

Comedian Steven Colbert bailed out the Speed Skating team, who was
broke after sponsor Dutch Bank DSB went broke because they’re a bank
and a lot of banks, even outside the U.S., have lost to the global
recession. Wamp wamp.

As a side note and leaving no doubts that Apolo Anton Ohno already benefitted from the famously powerful effects of the Colbert Bump both in getting there and in competition:

ohnocolbertbump

Or maybe the Koreans did? Hopefully Canada, the USA and the rest of the world will get a Colbert Bump to get out of the recession soon...

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