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JWP: October 29, 2002
G(B.J.)B: Nov. 1st, 2002
JWP: Dear Candidate,
In order to understand and communicate the economic rationale of the Vancouver
2010 Bid, I would like to take this opportunity to provide you with an overview of our
business plan ~ the numbers are vert, very compelling.
G(B.J.)B: Either trying to compell freebies from a giga-nanny state or compell permit support, the latter is unlikely.
JWP: The reasons some support or some oppose are interesting. In the rest of Canada support is based on the belief that the Winter Games will help unify our country, encourage young athletes to excel, raise our self image and showcase Canada, and our talents, to the world. Many believe our personal health will improve in parallel with our excitement about the world’s best winter athletes coming to Canada to compete.
G(B.J.)B: Unify what country? All I see is a colony ready to be liberated into U.S. states because the british monarchy is full of imbread idiots that benefit those of use who oppose them a lot. Encourage young athletes to excel? Why aren’t they encouraged without it? raise our self image? Wow, who needs the truth and reality when we have an image¿ Canada is always showcased, the UN kisses our ass back in return for our ass kissing to them all the time, as it is Canada is really not at issue, Vancouver is; I am not seeking the job of prime minister, Governor General, or premier or any other level of Government’s position; my duty will be to this city, not to those other parasitic states. No way health can improve when we end up with celebrity obsessed nerds, celebrities and on top of that more lousy old cars on the road. No way health will ever improve along side the very thing that inspires more arm chair athletics than actual athletics. Either way this has nothing to do with being a host body to an organization who knows they expect no profit; because if they did expect profit, they need no government involvement beyond the usual permit and licencing issues.
JWP: Recent opinion polls show over 80% of Canadians support Vancouver’s Bid to host the 2010 Olympic and Paralympic Winter Games.
G(B.J.)B: Who would have thought that I would give a damn about what 1000 Canadians of who’s municipal location I do not know want. That tends to be the national poll, by the way, 1000 people; 26+ Million nation wide; appearently 2.9+ Million of it in Vancouver. Should I be shivering in my boots? Nah, like I care; my opinion is what matters to me, if I can’t vote for me, who should? Oddly enough I am no jingoist, especially along Canadian lines; I am an U.S. Constitutionalist and for separating from England and becoming part of that country and remind it of it’s great document.
JWP: In British Columbia, two-thirds support the Bid and in the belief that the Games will be good for our economy. Some British Columbians do not support the Bid out of concerns that the Province cannot afford it. The numbers have not changed since I presented them to an open session of the Provincial Cabinet in January of this year. The numbers are not complicated.
G(B.J.)B: Usually provincial and even state polls poll about 300 people, not even 1% of the population, not even close; why should wooo me at all? Why would any poll? If, for what ever reason a voter votes against my favor, that is their choice and that is on election day and that issue can’t be the only reason, if it is a reason; so there is no good concensus on this. So it is likely that 2/3s of less than 1% of BCians and more than 80% of less than 1% of Canadians support this, but there is nothing to say any Vancouverite wants it. In fact this letter makes me suspect their interest in it at all since my constituence would be Vancouver and not BC or Canada and you’d think they would mention a Vancouver based poll if they wanted me to think that or if they knew it was like that. As for the provincial cabinet; they can suck my harry balls and lick my harry ass and do all sorts of rude things in a figurative sense, I could not care what they think on the matter any more then this lobbyist, Jack W. Poole. I don’t want it here period, nor do I think Vancouver is ready or set up for the decision. I for one would hate to be cornered by it in the future after replacing a mayor like Ralph Klein was in Calgary.
JWP: The Business Plan Has Three Components:
1. The Operating Or Gammes Budget;
2. The Capital Budget; and
3. The Bid Budget.
The Operating or Games Budget addresses the cost and revenues of the Games themselves. The budget includes everything from opening and closing ceremonies, to temporary seats, portable toilets, bus rentals, arts and culture festivals, training and outfitting 25,000 volunteers, etc. Total cost: 1.3 billion. Total revenues: 1.3 billion. At this early stage, we are budgeted break even, although the 1988 Calgary Winter Games produced a $40 Million net surplus and the 2002 Salt Lake City Winter Games produced a $100 million ($US) net surplus.
G(B.J.)B: The idea of portable toilets and 25,000 slaves that think they are volunteers scares the life out of me, I’m guessing now Nike thinks that they have volunteers in their sweat shops. The idea of 1.3 billion dollars elude me, because I think that it should be within the millions at least with cost assessments and deal making, perhaps skimming off the top is planned, I smell a bail out request comming along as well. Oh and what is this etc.... anyway? As for Calgary, it was a great location with a Mayor who did his best given his circumstances, a situation I would not want to be in, nor would I want to put a future mayor into. My position may be at my family’s expense as well, given my father’s history as the/a Camera Man for the 1988 Winter Games. Did anyone see any snow in the shots of Salt Lake City when the last Olympics were -held-? I didn’t, did it actually happen?
JWP: It’s important to know that virtually all of these revenues will come from the private and corporate sector, mostly from television contracts, sponsorships, licensing fees and ticket sales.
G(B.J.)B: It had better and that includes anything else. Oh and no one better be raiding businesses and violating ownership rights getting this either. It would have been nice to see who was on board.
JWP: Half of this will come in the form of a host payment from the International Olympic Committee (IOC), being our share of world wide television fees and sponsorship.
G(B.J.)B: I wonder how much of the Tax Payer’s money goes to the Canadian end of the IOC, or even the England end of the IOC.
JWP: Then, there is the Capital Budget ~ the cost of preparing for the Games. This encompasses constructing new sports venues such as ski jump and nordic facilities and a bobsled track in Whistler, the Olympic skating oval at S.F.U., a new ice rink at U.B.C. and a new curling complex in Vancouver. Also included are contributions for the construction of athelets’ villages in both Vancouver and Whistler which will be converted to non-market housing after the games. Total cost: $620 Million.
G(B.J.)B: Maybe 20 million, up to 60. If that, cost assessments need to be made, they really need to be made. One thing is for sure I do not want a curling fascility in Vancouver, things are claimed to be boring enough here. As if there aren’t any in neighbouring towns anyway. I say if there is a market for it someone in business will use his or her own money and buy land and build on it, then possibly make deals with organizations on the use of it for events.
JWP: To This, we should add the cost providing security, estimated at $180 Million.
G(B.J.)B: No way it will cost that much, especially if the green party is kept far away from the location. It seems like they have to be at every event at all times. As it is I worry about them expecting police to give up on their job and watch things while they have more important matters to attend to, oh not to mention last day fires for the fire department.
JWP: This totals $800 million, funded equally by the Governments of Canada and British Columbia. $400 Million each ~ already approaved. How does the public investment get repaid? Let me explain.
G(B.J.)B: So every other provincial and municipal citizen within has to pay for Vancouver and BC $400 Million. Does this seem right? Not to me. It doesn’t seem right to me that taxpayer’s have to pay $400 Million in one province, and lets not forget the roads and so on that will be charged to the people of each municipality involved; or who else what else gets begged out of them. When if there is a loss, who get’s begged for a baik out? Us. Who gets it? Them, from via those who call themselves Honorable. As it is there is no guarantee that the so-called private funding isn’t money funneled from other bail outs or so-called investments in industries and businesses or bank accounts of NSA victims.
JWP: The province’s economic impact study last year showed that:
* the Games, together with an expanded Trade and Exhibition Centre, could give BC’s economy
a $10 billion boost over the next several years;
* the Games could create over 220,000 person years of new employment (jobs); and
* the Games could generate net incremental (new) tax revenues to the Government’s
of BC and Canada, all through visitors spending, of $2.5 billion.
G(B.J.)B doing the math: $2,500,000,000 Billion in GST/PST equals (assuming it remains that way) =
$2,862,500,000 a gain of $362,500,000. MS Windows - Calculator. In the case of 2.5 Billion Dollars it
ends up being 2.9 Billion making a difference of 0.4 Billion. Wow!!!! Still more than the government
deserves, since I would ban and I openly oppose consumption taxes. $362,500,000 Million - The
$800,000,000 of the taxpayer’s money (called the government’s in his letter) = -437,500,000. 8 Million
becomes a loss of 4.4 Million.
The 220,000 jobs that -could- be created are more likely to temporary and aren’t a guarantee, and the
Convention centre developement isn’t likely, especially in an anti-property ownership climate.
JWP: This public investiment of $800 Million in the Capital Budget is not government spending. This is government investing. And, through global television exposure to an estimated two billion viewers, increased tourism and permanent sports legacies, the government is being paid back three dollars for every one dollar invested. Not many government investments have a payback this. I can’t think of any.
G(B.J.)B: Certainly can’t think with a math processor or co-processor. Gawd, it’s a loss paid by the pillaged tax payer. 2 Billion out of 300 Billion+ world wide people? Records have even shown a growing disinterest in the olympics, NBC even admitted a ratings slump.
JWP: Finally, we have the Bid Budget, the cost of putting together the Bid to the IOC. This includes all costs since April 1998, when the Canadian Olympic Committee chose Vancouver over Calgary and Quebec City to make the 2010 Bid on behalf of Canada. Total costs to take us through July 2003 : $34 Million. This is funded roughly 50% by governments and 50% corporately.
G(B.J.)B: So it’s even worse financially, 50% of 34 Million. $17,000,000 stolen from Canadians for a fucken Bid. So now it’s -420,500,000. $4.2 Million Lost. This is assuming the corporations are 100% privately funded as all should be.
JWP: That’s the business plan. Very simple. Games Budget: $1.3 Billion, funded by the private sector, forecasted to break even Capital Budget: $800 Million, 100% funded by two levels of government, investment back threefold Bid Budget: $34 Million.
G(B.J.)B: -Capital Budget: $800 Million, 100% funded by two levels of government,- why hold shit when you can smear it in people’s faces....-investment back threefold- wow, to think a finance minister or 2 may have gave this a look and Okayed it.
JWP: For many, many years now, long before the 2010 Bid, previous governments have identified major infrastructure initiatives important to this region including the proposed Richmond-Airport-Downtown Transit Link, the expansion of the Trade and Exhibition Centre, and capacity and safety to the Sea-to-Sky Highway.
G(B.J.)B: Promices, promices...just some stuff to hold over people’s heads to get agendas through.
JWP: The province, has already announced the need for safety improvements for the Kicking Hourse Canyon and the Sea-To-Sky Highway regardless of the Bid. The Governments of B.C. and Canada are concluding arrangements on the Vancouver Trade and Exhibition Centre. We need it for conventions and tourism. The winter games is helping us get it. Serious discussions continue on the Richmond Airport Downtown link. These propjects will or will not proceed based on their own merits.
G(B.J.)B: If not on their own merits than they should not exhist. The Trade and Convention Centre is a private sector matter and I’m not even sure transit isn’t; the private sector needs it more than government does. Hek I understand politicians have little underground places to go to head to their homes because of a lack of a moat. The Olympics are a huge non-sequitor for everyone except a small 7% minority, the people who might actually watch it. If it’s popular enough it needs no tax sucking parasites to fund it.
JWP: None of these three projects from a part of the Bid budgets. Should they proceed however, our Bid will be strengthened. As a taxpayer, I enthusiastically support all three projects regardless of the Games. Should the Bid prove to have been a catalyst in the funding and building of these projects, it is a badge we wear proudly.
G(B.J.)B: Who is we; and why can’t the three projects work without the games on their own merit and the games not work with out them? It’s a catch 22 by your estimations. I do agree with fixing and maintaining roads from a government level. That is their job, sports and tourism however is not, business is not.
JWP: As we go forward, we have one in three chance of being awarded the 2010 Winter Games. Austria and Korea each have powerful bids. Their economic model will be similar to ours. Both countries want the games badly. Be sure that they will not be competing for an event that will lose money.
G(B.J.)B: Yeah governments never do that....for gawd sakes, as it is Korea and Austria are likely to have better people on the job anyway; certainly better financial people, not to mention Korea (Republic of, I am guessing) is a Republic similar to the U.S., perhaps it’s even more privatised; Austria, well we have nothing but run down heritage buildings, them, theyt have class in their old buildings. On any account, the government should decide on licencing the business and permiting it or not on it’s merits, not running it; over seeing certain aspects maybe, like it’s merits. I am sickened by this whole thing, it should not be in Vancouver period and the great parasites who stole our money for this should be flogged in the streets before they are jailed for theft.
JWP: It would be naive in the extreme to expect everyone in B.C. to share my enthusiasm for this event, but I would suggest this: if you don’t want Vancouver and Whistler to host the 2010 Olympic Winter Games and Paralympic Winter Games for Canada, and the world, I would humbly suggest that you’ll need reasons other than economic to be opposed.
G(B.J.)B: Well as much non-economic reasons there are, such as readiness and crowds and so on; the fact
is economic reasons are enough, well at least financial, especially when tax money is at stake, not private
sector money alone. Forcing all to pay for what all will not use or need is silly, much like arts and business
bail outs. This is another crude freeloading project and I am disgusted, I have never before been more anti-
olympic. Funny, though, that lymp would be in paralympics.
Oddly enough, you push so much economics into it, I find your humble suggestion hypocritical.
JWP: If you have any questions, or specific concerns with our economic overview, please call me directly.
G(B.J.)B: Just be happy I’m not a bank or you would have been laughed out of the place.
JWP: Sincerely,
G(B.J.)B: I doubt it.
JWP: Signature.
Jack W. Poole
Chairman & Cheif Executive Officer.
G(B.J.)B: Forgot Lobbyist.
