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View Diary: DRUDGE REPORT: World Rejects Obama! Is He Nuts? (112 comments)

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  •  Michelle Malkin is no better..."Obamalympics" (1+ / 0-)
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    Today's post is the same crap.


    "This is a big win and a massive relief for taxpayers. But Chicago cronies are not going to take this well. Gird your loins." - MM

    You have to spend money to make money.  Keynesian economics 101.  Athens held the olympics and made a PROFIT of over $167mn.  Beijing apparently made a PROFIT of over $146mn.

    So I don't understand the problem with the "taxpayer dollars" if the games end up generating a PROFIT.  Not only is the olympics deficit neutral, but the city makes a profit.  Compare this to the Iraq War or the TARP bailouts which have not yet been recouped (or ever will be) by the American tax payer.

    These conservatives are soooooo stupid.

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