3 Reasons Why the Olympics Are A MASSIVE SCAM For Taxpayers

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Yay, Olympics. You know, it’s not going well. When Delta Airlines came out with their earnings last week and they said that they’re taking a hit. They’re taking a hit because people are not flying to Paris. You know, you know, it’s not going well at this point in

Air France taking a major hit. People are not going to Paris this summer. the French government owns a large chunk of that as well. This is turning into a catastrophic financial flop. For who?

For who? Who’s flopping as well? I’m sure, you know, I’m sure it’s going to be some of the sponsors are going to be taking a bit of a hit. But who really is taking the hit are the well, the French taxpayers. The French taxpayers, just like every single Olympics, the people in the country get taken. Get taken. The Olympics is a massive money maker for people.

that are connected to positions of power. The people that are behind building the stadiums and the facilities, the people who cut the checks to the right politicians get paid. These are not money making endeavors. I mean, just think about it as well. OK, I could see, OK, maybe certain cities might want to, you know.

a little focus on their city or their country, whatever it may be. Paris, the most visited city in the entire world.

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Well, do they need any more attention? No, no. This is about graft. And it’s always about graft. I was talking about this decades ago, because I kind of be honest, I’ve lost interest in it. mean, sure, there’ll be a side story here and there that you’ll find interesting. mean, honestly, I really started losing interest in the Olympics was when they pulled off. I asked they pulled off that dream team thing. I like

Barcelona. Barcelona. So the United States, we’re at that point in time, miles and miles and miles ahead of the entire world when it came to basketball. So we decided to put together this team and send them over there and kick the living crap out of everybody. To me, I always thought the Olympics should be about amateur sports. Right? Amateur sports. I didn’t care. I you know, just take the NCAA basketball team that wins the championship and send them over

Okay? That way. You’re never gonna have that 1980 Olympic moment with that massive upset where the, again, the best of the Soviet Union didn’t have professional hockey. They weren’t playing all over the world and a bunch of kids beat them. You’re never gonna have that. Doesn’t exist. See, so quite frankly, I could really care less. I don’t even know if I’ll watch.

much of any of this. You know, another major turn, I remember watching that the London Olympics when they had kids dancing around on hospital beds in their opening ceremonies, basically celebrating their national health care. Wanted to throw up in my mouth when I saw that. It’s how ridiculous that was. you know, neither here nor there. It is a ripoff. It’s a ripoff. It is basically, again,

people in positions of power enriching their friends. That’s all it is. So same thing when you get these massive events, know, World Cup in Qatar. Qatar, World Cup, summer. Yeah, they had to, you know, bring in all of those North Korean slaves to build all of their stadiums there at this point in time. You know, honestly, if they, you know, really cared about making this,

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affordable and making it better. quite honestly, I say, you know what, the Olympics, Summer Olympics should be held every four years in Greece. That’s where it started. I don’t know. Pick a spot for Winter Olympics. I don’t know. I don’t care. Stick in the Alps somewhere. Build the stadiums, okay. Maintain them. People come, go. Save all of these countries a fortune. Well, the taxpayers in these countries are fortunate. And to be honest, to be fair, I said the same

about my sport lacrosse, they have the world championships and they bounce it around the globe. Yeah, should be held on an Indian reservation in upstate New York. That’s where it should be held. Their game. Anyway, yep. At some point in time, and this might be it based upon how how horribly it’s going over there. It might it might it just might jump the shark this time. Watchdog on Wallstreet.com.