PREDICTIONS

Thie following News item appears in Times of India today and I feelthis would just be NEWS from INDIA four years from now
just make a few name replacements like
INDIA for GREECE
CWG for Olympics
and some figures of amount spent like
GREECE spent double the initial budget and INDIA is spending 10 times the original budget
thats because we are 5 times more corrupt than the Greece

Times of india 4th June 2010 Pg 24 Times Global
Athens: When it comes to overspending, Greece gets the gold medal.
Governments in Athens haven’t balanced a budget in nearly 40 years, and the country narrowly averted bankruptcy in May before panicky European partners grudgingly put up rescue loans.
While many factors are behind the crippling debt crisis, the 2004 Athens Olympics — being the global event that it was — has drawn particular attention. If not the sole reason for this nation’s financial mess, some point to the Games as at least an illustration of what’s gone wrong in Greece.
Their argument starts with more than a dozen Olympic venues — vacant, fenced off and patrolled by private security guards. Stella Alfieri, an outspoken anti-Games campaigner, says they marked the start of Greece’s irresponsible spending binge.
“I feel vindicated, but it’s tragic for the country... They exploited feelings of pride in the Greek people, and people profited from that,’’ said Alfieri, an ex-MP from a small left-wing party. “Money was totally squandered in a thoughtless way.’’
The Games cost nearly $11 billion, double the initial budget. And that figure does not include the major infrastructure projects rushed to completion at inflated cost. In the months before the Games, construction crews rotated around the clock, using floodlights to keep the work going at night. The tab for security alone was over $1.2 billion.
Six years on, more than half of Athens’ Olympic sites are barely used or empty. The long list of mothballed facilities includes a baseball diamond, a massive man-made canoe and kayak course, and arenas purpose-built for unglamorous sports such as table tennis, field hockey and judo.
Criticism of the Olympic spending has sharpened in recent weeks, after parliament launched a probe into allegations that German industrial giant Siemens AG paid bribes to secure contracts before the 2004 Games. A former transport minister has been charged with money laundering. AP