Posted on 10/05/2009 2:43:21 PM PDT by NRG1973
The organization that brought you all those banners, ads and fund-raising pitches for the 2016 Olympics in Chicago soon will pay the price for the city's failure to get the games.
Chicago 2016, the high-powered civic committee that has worked on the city's bid for three years, is expected to lay off most of its 57 paid staffers by the end of October. A small group is expected to remain through year-end as it winds down operations.
In a "stewardship report" issued in late August, the committee disclosed that it has raised $76.9 million from July 2006 through last June 30. All the money was from private donations.
The 39-page report included a brief mention of how it would close shop after an unsuccessful bid. Chicago was the first city to be voted out of contention Friday by the International Olympic Committee, meeting in Copenhagen. The 2016 Summer Games were bestowed on Rio de Janiero, and bids from Madrid and Tokyo also were denied.
(Excerpt) Read more at suntimes.com ...
The Kenyan and his wookie failed to bring home the bacon. tsk tsk tsk
Chicago’ll probably find a way to get it out of medicare funds. We’re talking the definition of crooked, sleazy, and putrid government here.
More jobs saved by the Obama administration.
“his wookie failed to bring home the bacon”
Because she ate it all.
Ah well, back to ACORN or some other form of publically-funded employment. God forbid any of them would get a real job.
don’t give up now!! appeal appeal! fight fight!
One for each State?/S
$77million! Imagine that...I wonder how much they had to pay Michelle and Bayrak to ‘sacrifice’ and take that bad trip to Copenhagen....That’s one buttload of money for a pisspoor job...
lol
It could have been worse..
Imagine “Chicago 2016 moves to North Texas to save money”
Ummmm what "operations".
Chicago lost the bid what operations could there be left to do?
LOL! “Kenyan and his wookie failed to bring home the bacon.” Effing pricless.
I expect there will be some sort of bailout and the Chicago 2016 “workers” can go back to working at ACORN/SEIU.
I’m still wondering how many ACORN SEIU types were involved. I suspect the SEIU could have made quite a haul off the olympics. I wouldn’t be surprised if ACORN hoped to squeeze a few million out for themselves.
I'd love to see the balance today, along with plans for its disposition.
How about sending some of that to the US Tax payers, to fund the trip BHO took.
That is Chicago politics.
I’m glad someone finally got to it. Follow the money! I bet there was scads of charitable donations to this big fund. Now it will be distributed to other “causes” since the mission can no longer be carried out, or is it set up to award golden parachutes to all the sacrificing volunteers? (Valerie “Born in Iran” Jarret? Bambi? The Wookie? Rahm? Dailey? Oprah? Jesse? Rev. Wright? The Chicago 7?). Yes, inquiring minds DO want to know.
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