Posted on 06/18/2016 6:15:37 AM PDT by Zakeet
The acting governor of Rio de Janeiro's state government declared a state of financial disaster Friday in an effort to change budgetary priorities without disrespecting Brazil's fiscal laws.
[Snip]
[The governor's] office said in a statement that the decision was made because a dip in revenues from taxes and oil royalties was "stopping the state of Rio de Janeiro from honoring its commitment to the organization of the Olympic and Paralympic Games." He said the state is facing a "public calamity."
"The financial crisis has brought several difficulties in essential public services and it could cause the total collapse of public security, health care, education, urban mobility and environmental management," the statement said.
Rio's state government is in such dire straits that two of its hospitals were taken over by the Rio de Janeiro city government to allow doctors to keep receiving their paychecks. Some police stations are so underfunded that they have asked neighbors to donate basic items like toilet paper. Public workers and retirees have suffered months-long delays in receiving their money.
(Excerpt) Read more at foxnews.com ...
Brazil President Dilma Rousseff is an avowed socialist, Marxist and left-wing radical ... she is presently facing impeachment proceedings after unexpectedly wrecking their economy.
So just cancel it already!
I assume they are shaking down outsiders for cash, “no cash no Olympics.”
I don’t care
They don’t want to cancel. They have already spent millions bribing the IOC, and now they want their opportunity to skim the expected profits. Except, now, there won’t be any profits to skim.
It’s clear to me, they need Super Mitt to save the day
I’ve been to Rio several times.It’s basically a cesspool with nice beaches and Christ The Redeemer.
perhaps premptive skimming is the real problem
just import some advisors from Venezuela and Cuba!!!! They will surely know what to do.......
maybe add a few from Zimbabwe and N. Korea.....
I don’t care either. I am already tired of hearing about the disease and nasty water. From the US border south is pretty much a hell hole!
Didn’t Olympic committee just announce they would allow Transgenders to compete? Karma.
Doesn’t Columbia have a minor problem with organized crime?
Ive been to Rio several times.Its basically a cesspool with nice beaches and Christ The Redeemer.
It never used to be. When the military ran the country things were better.
Hold the Olympics in the third world you get the third world experience, but we live in a world where socialists weave magic tales opposite of reality, and here we are.
Besides the Olympics are a joke these days, perhaps Rio could have handled a scaled back event schedule not an extravagant participation medal type Olympics that white liberals virtue signal with
Lol!
You left out Argentina! And California!
:-)
Mexico as well. Some say Mexico is on the verge of collapse due to drug cartels.
Holding the olympics in a third-world country is insane.
Hosting the Olympics is a guaranteed financial disaster.
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