The Commonwealth Games in Glasgow are
now 40% over budget and at present the cost is £500 million. Of
course you and I know that every big project ends up well over budget,
as the rip-off merchants and the corporate greed machine milk the
system, pushing the costs ever higher and higher. The corporate bodies
walk away with the loot and we are left with the bill. Cheap land
grabbing, gentrification at the expense of the local people, and
fat-cats having a ball as they lap up the cream, that's what the games
are all about.
This from Glasgow Games Monitor 2014:
Read the full article HERE:What he doesn’t say is that private investment in large-scale Games Events has for some time been predicated on making profit from land and property development. Now that the easy profits of the property boom are over – only hanging on through billions of state subsidy, ‘help-to-buy’ policies, and the continuing privatisation of social housing – private capital is showing it doesn’t give a fuck about the Commonwealth Games and sport. No wonder that no city is willing to host the Games in 2022: they know that they will only be subsidising the private property market, defending failed ‘legacy’ objectives, and having to deal with the growing public complaints and resistance over land-grabbing, gentrification and displacement.
The Glasgow Games Monitor will be
speaking at the Unite Community Union Branch meting on Wednesday, 12
February, John Smith House, 145/165 West Regent Street, Glasgow G2
4RZ.
Subjects to be discussed will be the
necessity of political organisation related to the Games and Clyde
Gateway projects, and building for a meeting on the East End, and
citywide social housing crisis, planned for March.
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