No Games Chicago Presentation to Lake View Citizens’ Council July 20, 2009

Who we are… Diverse group social justice activists North side, south side, west side All volunteers Not funded by anyone or any org. First event public forum @ UIC Jan 31 attended by 250

Diverse group social justice activists

North side, south side, west side

All volunteers

Not funded by anyone or any org.

First event public forum @ UIC Jan 31 attended by 250

We did go to Switzerland

We are engaging the community

Why we oppose the games They will bankrupt the city They will destroy public parks They will displace poor and working class families from neighborhoods next to venue sites

They will bankrupt the city

They will destroy public parks

They will displace poor and working class families from neighborhoods next to venue sites

THE STATE, COUNTY AND CITY ARE BROKE AND CUTTING BACK ESSENTIAL SERVICES. WE HAVE MUCH MORE IMMEDIATE PRIORITIES FOR LIMITED TAXPAYER DOLLARS: Clinics Schools Public transit & roads Improve/expand public parks & services

THE STATE, COUNTY AND CITY ARE BROKE AND CUTTING BACK ESSENTIAL SERVICES.

WE HAVE MUCH MORE IMMEDIATE PRIORITIES FOR LIMITED TAXPAYER DOLLARS:

Clinics

Schools

Public transit & roads

Improve/expand public parks & services

THE GAMES ALWAYS MAKE MONEY…FOR THE IOC, FOR CONSTRUCTION COMPANIES, FOR CONSULTANTS, FOR CORPORATE SPONSORS…

THIS WAS GIVEN TO ALDERMEN IN SECRET BRIEFINGS

THIS WAS GIVEN TO ALDERMEN IN SECRET BRIEFINGS BUT… WHERE IS THE ACCOUNTING FOR: $86 MILLION TO BUY HOSPITAL SITE? TENS OF MILLIONS TO CLEAN UP HOSPITAL SITE? LOST REVENUES FROM LOSS OF 1,600 BOAT SLIPS FOR 3 YEARS+? LOST REVENUES SUCKED UP BY 2 DEDICATED TIFs? REPLACING SCHOOLS THAT WILL BE DEMOLISHED? TRUE COST OF THE VILLAGE (VANCOUVER’S IS PUSHING $1 BILLION AND IS MUCH SMALLER) BILLIONS FOR SECURITY?

BUT… WHERE IS THE ACCOUNTING FOR:

$86 MILLION TO BUY HOSPITAL SITE?

TENS OF MILLIONS TO CLEAN UP HOSPITAL SITE?

LOST REVENUES FROM LOSS OF 1,600 BOAT SLIPS FOR 3 YEARS+?

LOST REVENUES SUCKED UP BY 2 DEDICATED TIFs?

REPLACING SCHOOLS THAT WILL BE DEMOLISHED?

TRUE COST OF THE VILLAGE (VANCOUVER’S IS PUSHING $1 BILLION AND IS MUCH SMALLER)

BILLIONS FOR SECURITY?

“ Financing is the biggest obstacle,” said Jerry Karlik, a principal at Kargil Development, which has done projects in the South Loop and responded to a bid committee request for expressions of interest in the Olympic Village earlier this year. “There’s going to have to be some sort of assistance: guarantees, tax credits or something. Mr. Karlik, who attended the luncheon, said he figures lenders today won’t finance more than 60% to 70% of a project, compared with 80% to 90% before the recession. “ Someone’s going to have to come to the table to fill the void,” he said.” May 13, 2009

ENRON TAUGHT US THAT ANY ENTERPRISE CAN APPEAR PROFITABLE IF YOU HIDE, IGNORE OR BURY EXPENSES.

DON’T BE FOOLED BY PROMISES THAT THESE MASSIVE OLYMPIC CONSTRUCTION PROJECTS WON’T BECOME THE TAXPAYER’S BURDEN! Watch the Canadian news report at http://www.youtube.com/watch?v=3MdpUYO1hbI&eurl=http://nogameschicago.com/no/?q=video&feature=player_embedded

VANCOUVER’S BOND RATING LOWERED, CITY FACING BANKRUPCY. Watch the video - http://www.youtube.com/watch?v=7MlzsyNh6pk

“ Not a dime…” Watch the video - http://www.youtube.com/watch?v=wg0UieW7Rp8

WHY ALL THIS SURPISE? THE OLYMPIC CHARTER REQUIRES FINALIST CITIES TO SIGN THE HOST CITY CONTRACT…

Download the Olympic Charter, the Host City Contract and other research relating to the impacts of the games on host cities at our web site: http://www.nogameschicago.com

Page 74

Page 76

Page 76 “ The IOC shall have no financial responsibility whatsoever in respect to the organisation and staging of the Olympic Games.”

SO, CHICAGO – WHAT’S IT GOING TO BE?

[email_address] CALL CITY HALL. CALL YOUR ALDERMEN. “ NO GAMES!” “ NO BLANK CHECK!” “ SUPPORT THE FLORES CAP ORDINANCE.” VISIT OUR WEB SITE. SIGN UP FOR OUR EMAIL NEWSLETTER, TWITTER UPDATES AND FACEBOOK COMMUNITY.