Both citycaucus.com and the Tyee have posted the former mayor’s thoughts on the Olympic village, which you can read here and here. And apparently he’ll also be in the Vancouver Sun tomorrow. Quite the media blitz.
Sam makes some strong arguments — I have my doubts about whether anyone’s opinion on this issue is now moveable. One that he makes (which I’ve heard others making too) and that I don’t get is the argument that since the money is coming from the Property Endowment Fund and not the operating budget, the taxpayers don’t have anything to worry about. Okay, I’m overstating but that’s essentially what some people are saying.
That kind of rationalization makes me crazy. It’s all city/taxpayer money, no matter which “account” it comes from. If the PEF takes a hit because of losses from the village, that has an impact somehow somewhere.