Chicago was eliminated in the very first round. This was a stunning blow to all who thought that Chicago was one of the frontrunners for the 2016 Olympics. Obamaniacs believed the ONE and his wife plus "O" would pull it out in Copenhagen. Many conservative pundits believed it had to be a "done deal" before Obama would even think about flying to Copenhagen to make his pitch. I never thought Chicago had a chance. The only possible winner could have been Rio. And for one simple reason, MONEY. Of all the 4 cities vying for the Olympics, only Brazil, and therefore, Rio can AFFORD it. The U.S. is bankrupt and would have to borrow from the rest of the world which is all ready sick and tired of funding us. Spain's economy is in shambles and Tokyo, Japan is not in any great fiscal shape either. That leaves Rio de Janeiro, Brazil. Brazil is currently enjoying a growing economy and has money in the bank. They can fund their Olympics projects independently.
How does the saying go? "Follow the money".
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