I guess no one has a calculator that works? Ain’t no way on Gods green earth we made 500% on our investment! If we did then every nation that hosted this event previously are morons and that is not the case!

Do the math again and come back with the real numbers!

Let’s deal with the actual numbers and not estimates or predictions

Shame on you PWC – you got paid to spin cotton candy at the circus

There is no way Bermuda got a 500+% on it’s money – cmon we are not that stupid!

In other words, the Bermuda tax payer payed 19 cents for every dollar earned. If this was a long term, ongoing investment with further returns and little more capital investment, not a bad deal – only time will tell.

Two obvious things to me are that the expenditure was very uneven, practically to the point that you could say it was an oligopoly affair and the AC/Oracle organizers themselves drove a very hard deal with a lot of that 336.4 million going right back to them as royalties.

On the balance, it was worth doing rather than sitting around still doing nothing – Thank you Mayor Bloomberg and Mr. Grant Gibbons – but for the next episode, let’s sharpen our pencils. Golf (again) anyone?

By the way, that whole future spending thing – all very fuzzy.

In order to fund this massive overspend, without sacking the majority of the civil, the OBA were forced to raise the debt ceiling and actually refinanced the debt at a cheaper interest rate. They then set about reducing the deficit (by over half) an were on track for a surplus by 2020 meaning we could pay off the debt.

But let’s not let facts get in the way of your snappy sound bites!!

My question is what would the PLP have done and what do they plan to do now (their silence on the issue is deafening)

A scorpion and a frog meet on the bank of a stream and the
scorpion asks the frog to carry him across on its back. The
frog asks, “How do I know you won’t sting me?” The scorpion
says, “Because if I do, I will die too.”

The frog is satisfied, and they set out, but in midstream,
the scorpion stings the frog. The frog feels the onset of
paralysis and starts to sink, knowing they both will drown,
but has just enough time to gasp “Why?”

Replies the scorpion: “Its my nature…”

I DARE YOU

Nothing. Too busy restricting human rights and taking a year to install wifi and fit out a playground. Amateurs.