Adding another nail in the coffin of the London 2012 Olympics, is the Greater London Assembly. They have issued a report that notes that the 2012 Olympics will struggle to bring a boom in jobs, sport and housing.
The report also notes that the Games could result in "white elephant" venues, job losses and a "couch potato" generation hooked on television sports coverage.
The report is based on the impact of previous Olympics at Athens, Sydney, Atlanta and Barcelona. The all too clear conclusions are that venues "struggled to make their mark" in improving employment and sports participation.
The authors of the report, Prof Gavin Poynter and Dr Iain MacRury, said that Greece actually lost 70,000 jobs after the 2004 Games.
In Atlanta some neighbourhoods lost housing to the Olympics development.
The 2012 Olympics will prove to be a colossal waste of time and money.
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