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Sochi: What "The Safest Games Ever" Cost?

Tyler Durden's picture





 

Russia is spending $51 billion on the Sochi Games; far exceeding the lavish-at-the-time $40 billion spent on China's 2008 Summer Olympics - which, as BusinessWeek notes, had more than three time the events. However, it is Sochi Organizing Committee President Dmitry Chernyshenko's promise that it will be "the safest games ever" that is really starting to add up in the face of suicide bombings and explosive device discoveries. As Al Jazeera shows, securing Sochi is costing twice the 2010 Vancouver Olympics and involves double the security forces of the London Olympics...

 

Bloomberg sums it up...

 

 

Cost per event...

 

Securing Sochi...

 


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Mon, 01/13/2014 - 20:22 | Link to Comment Manthong
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Russia is spending $51 billion on the Sochi Games

..and they probably do not need to borrow any of it.

Mon, 01/13/2014 - 20:34 | Link to Comment VD
VD's picture

$51bill is that it¿¿¿ that's like way less than a month of QE! LOL! chump change!

Mon, 01/13/2014 - 21:02 | Link to Comment mvsjcl
mvsjcl's picture

It's an irresistable target for the False Flag Complex.

Mon, 01/13/2014 - 23:17 | Link to Comment Fish Gone Bad
Fish Gone Bad's picture

Its only 600 miles away from Aleppo Syria.  What could go wrong?

Tue, 01/14/2014 - 02:08 | Link to Comment Boris Alatovkrap
Boris Alatovkrap's picture

Why is beautiful Greco-ethnic athlete use new model Dyson vacuum to clean torch!? Maybe this part of expensive safety procedure employ in Sochi?

Tue, 01/14/2014 - 03:05 | Link to Comment AldousHuxley
AldousHuxley's picture

To be fair dollar depreciated since 2008

 

and to surprise complacent so called advanced capitalist economy residents, Russia has more millionaires than Australia

 

Mon, 01/13/2014 - 20:37 | Link to Comment 0b1knob
0b1knob's picture

Fisht Stadium?  Where all the Fisht-ing goes on?

The Olympic coverage will be such an endless display of Gay propaganda it will be unwatchable.

Mon, 01/13/2014 - 22:54 | Link to Comment Manthong
Manthong's picture

Gold medal shoe-in for Natasha Gapinholidoch.

Tue, 01/14/2014 - 01:32 | Link to Comment Boris Alatovkrap
Boris Alatovkrap's picture

When Russia secret police is chase down homosexual athlete, watch Yorgei Runyurasov for fastest time.

Mon, 01/13/2014 - 20:33 | Link to Comment BLOTTO
BLOTTO's picture

Not to mention, the Winter Olympic Games should omit the word 'Olympic' in the title.

.

The only true Olympic Games is the Summer Olympics...this 'winter olympics' business is just more a cash grab for the rich(er) nations.

 

Mon, 01/13/2014 - 22:37 | Link to Comment frankTHE COIN
frankTHE COIN's picture

Besides trading I also Train Olympic Sprinters and NFL Players in the 40 yd dash for the NFL Combine.
I was disappointed when the Winter Olympians Split and did their own thing. Maybe they will reunite with the Summer one day.
Incidentally, last summer for the Track & Field World Championships in Moscow, I had a bad feeling about it and did not go.

Mon, 01/13/2014 - 20:31 | Link to Comment Yancey Ward
Yancey Ward's picture

How much of that $51 billion was spent on vodka?

Tue, 01/14/2014 - 01:35 | Link to Comment Boris Alatovkrap
Boris Alatovkrap's picture

Is cost money to keep security detail happy, no?

Mon, 01/13/2014 - 20:32 | Link to Comment nmewn
nmewn's picture

Does anyone even watch this shit anymore?

Mon, 01/13/2014 - 20:40 | Link to Comment BLOTTO
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nmewn,

 

Are you telling me you dont watch the couples figure skating long program?

Mon, 01/13/2014 - 20:48 | Link to Comment nmewn
nmewn's picture

Welllll...women tossed into the air doing splits is artistic...dammit!!!

Its like the Bikini Trampoline Event! ;-)

Mon, 01/13/2014 - 21:25 | Link to Comment luckylogger
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What ever happened to the "girls on trampolines" show???????

Tue, 01/14/2014 - 01:30 | Link to Comment Volkodav
Volkodav's picture

Biathalon is worth watching...Russian's shoot good!

Tue, 01/14/2014 - 01:37 | Link to Comment Boris Alatovkrap
Boris Alatovkrap's picture

Biathalon is tribute to Finland who is shoot better than Russian.

Tue, 01/14/2014 - 01:53 | Link to Comment Volkodav
Volkodav's picture

Not 2010 Olympics ...not even a medal...

but maybe Boris remember other times or winter war...

Tue, 01/14/2014 - 02:07 | Link to Comment Boris Alatovkrap
Boris Alatovkrap's picture

Boris is reference to historical war with Finland. Please do not arrow down on truth.

Tue, 01/14/2014 - 03:25 | Link to Comment Manipuflation
Manipuflation's picture

Manipuflation named own son from Russian devuchka honoring White Death and only later tell where name from.  Play mean trick but too late now.

Mon, 01/13/2014 - 20:32 | Link to Comment Big Corked Boots
Big Corked Boots's picture

Out of the 51 million, I bet at least half is going to fraud, waste, graft, etc. - minimum.

You don't build anything in NYC without learning how that works...

Mon, 01/13/2014 - 21:03 | Link to Comment Son of Loki
Son of Loki's picture

agree...prob 1/3 of that money will find its way to cyprus, nyc, etc RE overseas.

Mon, 01/13/2014 - 20:37 | Link to Comment Ignatius
Ignatius's picture

Security is the growth industry, even in Russia.

Gee, maybe they are really like us after all.

Mon, 01/13/2014 - 20:39 | Link to Comment krispkritter
krispkritter's picture

M-I-C(Military Industrial Complex)-K-E-Y-(S to the Treasury) M-O-U-S(MOney to Usual Suspects )-Eee!  For all the money spent on this BS, they could at least foot the bill for the athletes and their families to attend

Mon, 01/13/2014 - 20:41 | Link to Comment JustObserving
JustObserving's picture

You can thank Prince Bandar and the United States for the high cost of the Sochi games.  Is it a payback for averting Obama's rush to war with Syria on lies about Sarin or is it payback for granting asylum to Snowden or both?

The bombings have called renewed attention to the discussion held last July between Putin and Prince Bandar bin Sultan, the intelligence chief of the US-backed monarchy in Saudi Arabia, which has served as the main base of support for the Islamist insurgents in Syria.

According to a transcript of the discussion leaked to the media, Bandar demanded that the Russian government terminate all support for the Assad regime in Syria. In return, he offered a joint energy strategy to prop up oil prices and other inducements.

Most critically, the Saudi prince told Putin he could ensure that no terrorist attacks would disrupt the Sochi Olympics.

“I can give you a guarantee to protect the Winter Olympics in the city of Sochi on the Black Sea next year,” said Bandar. “The Chechen groups that threaten the security of the games are controlled by us.”

At the time, Bandar claimed to be speaking not only for the Saudi monarchy, but also for its chief ally, the United States.

https://www.wsws.org/en/articles/2013/12/31/russ-d31.html

Mon, 01/13/2014 - 20:59 | Link to Comment wee-weed up
wee-weed up's picture

 

 

Bandar Bush flaunting "protection" schemes...

Oh my!

Mon, 01/13/2014 - 21:11 | Link to Comment Woodyg
Woodyg's picture

Putin is thinking up a nice present for bandar I'm sure -

Tue, 01/14/2014 - 01:39 | Link to Comment Boris Alatovkrap
Boris Alatovkrap's picture

Maybe "spicey" soup?

Mon, 01/13/2014 - 20:41 | Link to Comment One And Only
One And Only's picture

Ahhh the benefits of multiculturalism. Where people with drastically different views on just about everything come together in peace and harmony.

For the joys of utopia.

Mon, 01/13/2014 - 20:53 | Link to Comment The_Prisoner
The_Prisoner's picture

Has G4S been awarded the security contract?

Mon, 01/13/2014 - 21:02 | Link to Comment Kirk2NCC1701
Kirk2NCC1701's picture

Cost of Sochi Games = $51B.

Seeing some terra-rist MFer get DRONED on live TV = Priceless

Mon, 01/13/2014 - 21:05 | Link to Comment kchrisc
kchrisc's picture

Anyone remember Richard Jewell?!

 

"And I hear that the International Olympic committee is suing ancient Greece for the unauthorized use of the word "Olympics."

 

Mon, 01/13/2014 - 21:33 | Link to Comment RaceToTheBottom
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I have heard that Putin will be performing a new Winter Olympics exhibition sport:

Shirtless, bareback Polar Bear riding....

Rumor has it that Prince Bandar will be performing for Saudi Arabia.  I, for one, am looking forward to the competition.

Mon, 01/13/2014 - 21:18 | Link to Comment Ballin D
Ballin D's picture

Im betting theres good odds that the US gov't (agencies) are involved in these terrorist activities surrounding the Sochi Games

Mon, 01/13/2014 - 21:26 | Link to Comment earleflorida
earleflorida's picture

so... we now have a precedent set in terrorism-- for the freedom to compete for the hearts and minds of the world! indeed,... freedom of religous expression?

'Only the fuck'd up Trinity of Christian's, Jew's, and Muslim's interpret Satan's Grand Plan's of societal immolation without shedding a light'd thought... of eternity's future-- twas only 'Manmade'? Is Satan the Real Deal? Or is he all but a subliminal consciousness of man's eternal rejection of mortality! Or, do we collectively destroy the planet for a better afterlife in gathering nothingness? All together now?!?'  

simply amazing how the entire world can be held hostage by a handful (?) of jihadist renegades waving Black flags, having more credibility than a viral worldwide outbreak of the Black Death Flag of the Bubonic Plague...

Such a pathetic existence called intellectual man, were it only for a Darwinian evolution, turning the clock back, existing only to be-- and nothing more,... a happy cave dweller whence we came-- the simplicity of ignorance coexisting only with survival itself?

Mon, 01/13/2014 - 21:35 | Link to Comment Colonel Klink
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I'm sure a large portion of that will go to Putin's friends who will be providing the security.  Similar to how Obamacare employed friends of Moooooochelle.

AAAAArrrrrrggggg (in my best wookie voice)

Mon, 01/13/2014 - 21:44 | Link to Comment NoWayJose
NoWayJose's picture

There is a very real chance that Putin is bringing in every Spetsnaz and several divisions of regular army. When computing 'costs', you might calculate those salaries used for security, but they tend to be salaries that would have to be paid anyway. You might also add in costs for new buses that will keep car bombs away from Olympic sites, but those buses will be used elsewhere when finished. Toss in bomb detectors and metal detectors, which will be used again. Cameras and drones and spying equipment - 'nuff said. So really, other than channeling a few billion to cronies, it is hard to say what the real cost of Sochi is.

And, of course, there is a very real chance that we are getting 'real' numbers from Putin, versus the seasonally adjusted BLS-like costs from the governments that hosted prior games.

Mon, 01/13/2014 - 21:44 | Link to Comment JuliaS
JuliaS's picture

Can we start calling them The Terror Games already? Catching terrorists is becoming a sport in itself.

Spetznaz Biathlon!

Mon, 01/13/2014 - 22:24 | Link to Comment tony wilson
tony wilson's picture

gentleman let us pray for the 16 us,saudi and british agents already taken out in the last 17 days.

these men gave everything for your freedom.

freedom to use dollar and pound stores with cash taken out on credit at every part of the cycle..

are cam moron your obarmy and the most sacred jew netan yahoolie ask you to say a prayer to satan the main man.

plan b or c will need to be activated fsb will not be so lucky next time.

bandar wills it

 

Mon, 01/13/2014 - 23:23 | Link to Comment Son of Captain Nemo
Son of Captain Nemo's picture

God I love what you put down here.  Hope those 16 are all roasting in hell if it's true!

If anything happens during the games I pity those Government(s) you just mentioned should they try for another round...  watching the "K" in kinetic action the Russians will deliver to whomever decides to kill innocent men, women and children to seal a vendetta for not giving Saudi Arabia it's pipeline and the western banks control of the money in Syria.

 

 

 

Tue, 01/14/2014 - 01:50 | Link to Comment thestarl
thestarl's picture

me to man tony wilson man of integrity

Tue, 01/14/2014 - 01:53 | Link to Comment thestarl
thestarl's picture

unless its s0me hot babe pretending to be tony?

Tue, 01/14/2014 - 02:36 | Link to Comment thestarl
thestarl's picture

aahhh what a perfect summers day it is down here in Oz on the the south coast of the eastern seaboard.

29 degrees c, water temp 23 not a cloud in the sky the water man is crystal clear just thought i d share that with all the ZH brothers and sisters suffering the bleak northern winter lifes still good.

Mon, 01/13/2014 - 23:09 | Link to Comment tony wilson
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Russian intelligence has now reportedly obtained solid proof that Saudi Arabia was directly involved in the twin terror attacks on the city of Volgograd.

 

http://www.presstv.ir/detail/2014/01/13/345300/will-putin-destroy-saudi-...

Tue, 01/14/2014 - 01:39 | Link to Comment Volkodav
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Good post TW...

Tue, 01/14/2014 - 02:34 | Link to Comment thestarl
thestarl's picture

any halfwit should know tony don't fuck with the ruskkies

Tue, 01/14/2014 - 02:39 | Link to Comment thestarl
thestarl's picture

those saudi royal cunts deserve whats coming dirty double standards scum is all they are

Tue, 01/14/2014 - 02:44 | Link to Comment thestarl
thestarl's picture

those pricks when abroad like to get on the piss and blow and fuck all the western girls fucking vile dogs treat their own people like shit again karma man

Tue, 01/14/2014 - 02:57 | Link to Comment thestarl
Mon, 01/13/2014 - 23:18 | Link to Comment RafterManFMJ
RafterManFMJ's picture

Silly Russians, that 51 Billion would have bought 1269 metric tons of gold.

Mon, 01/13/2014 - 23:57 | Link to Comment El Crusty
El Crusty's picture

I would almost like to see the "terrorists" pull off an attack at the games, but with minimal casualties. Not because i want to see people participating and spectating at the games get hurt, Not to embarrass Russia, but to see Russia bomb the living crap out of Saudi Arabia and their cohorts in response.

Tue, 01/14/2014 - 09:29 | Link to Comment YHC-FTSE
YHC-FTSE's picture

"Cohorts" - that would be Israel (Busy patching up and sending al-queda fighters back to Syria, as reported by Sky News of all people) and the CIA (Busy training al queda in Jordan as reported by The Guardian). 

Russia would have to bomb Langley,  Tel Aviv, and Riyadh simultaneously. Not advocating it, just pointing out the obvious.  I suspect Vlad has already made plans for their destruction in a  much more subtle way since Bandar made his threats clear last year, along with the Netanyahu/Obama-Kerry media bullshit blitzkrieg to start WWIII in Syria. Priceless to see Kerry called a liar publicly before attending meetings with those who called it last year. 

Tue, 01/14/2014 - 00:48 | Link to Comment UGrev
UGrev's picture

Well, cancelling would cost them 51B + the revenue.. so it's all good.. until it isn't. 

Tue, 01/14/2014 - 11:01 | Link to Comment Max Cynical
Max Cynical's picture

The pinnacle of malinvestment. The same would hold true even if it cost $1B. If security at these events is such an issue, they should not be held.

Tue, 01/14/2014 - 03:48 | Link to Comment Notarocketscientist
Notarocketscientist's picture

And we are told there is no inflation

Tue, 01/14/2014 - 04:29 | Link to Comment kurt
kurt's picture

Somewhere there's an Aqua Velva wearing a-hole who is still fighting the cold war. I'm thinking he has enough money left over to finance these and other bombings. Too bad once we "won" the cold war they completely gave up trying to make western society the envy of the worlds eye. Old Stinky just gave up on anything to spruce up the old joint. He sits farting, cigar in hand, while ALL  THE JOBS GO AWAY! He's so entirely stuck in his ways he can't do anything but repeat and repeat what he thought were the glory days. He is retarded. He is broken. He is useless. He still has a black budget.

Tue, 01/14/2014 - 09:26 | Link to Comment esum
esum's picture

secure the games by carpet bombing chechnya, dagestan and riyadh/// for nothing.... now do something

Tue, 01/14/2014 - 09:42 | Link to Comment Duude
Duude's picture

At least they're serious about security.

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