Thats no fun, I just found this quote from an IOC member in the german Spiegel ( translated ) the article was talking about the Bush ad using the olympic symbols and how enraged the IOC really is.
http://www.spiegel.de/politik/ausland/0,1518,315380,00.html
One of the members said of the upcoming decision who will host the Olympics in 2012
"The chances of New York to host the Olympic games in 2012 were not that good. But now they were lowered to zero."
I'm impressed there really is nothing this administration can't fuck up.