... John Fish was made Chairman of the Boston Federal Reserve Bank. Yes, that's the same John Fish who told us we were being unpatriotic if we didn't wholeheartedly support his Olympic vision.
I think of Boston politics and development as a playground for insiders who are willing to play political corruption games.
But the Federal Reserve is its own insider game, with a good deal of power over the economies of this nation and many others.
Boston had an amazing victory over the Olympics corruption, but this appointment suggests that we were actually out of our league. Guess we're not going to see that federal investigation. And that's the last time I comment on a big-players Boston development scam.
People (including me) really have no idea how far removed the politicians and the rich and powerful are from their everyday lives, and how much those rich and powerful and corrupt politicians influence and guide their lives.
People don't want them in their cities. The Olympics scorched earth method of chewing up cities, spitting them out and moving on after three weeks is outdated. The answer is obvious. A designated place where the Olympics are always held.
I thought it would have been interesting if Boston could have been the smartest people in the room and figure out how to make a sustainable (versus black hole of lost tax dollars) Olympics work. And my home in the South End and business at Newmarket Square would have been directly impacted by the whole Olympic circus, so I'm not some suburban armchair cheerleader on this topic.
However - the "no tax dollars will need to be spent then would otherwise have been spent, but guarantee the costs and trust us" mantra, and "guarantee this now!" was too much, particularly after Boston 2024 ran the worst pr and information campaign ever. It had to end the way it did.
But I'm still following what's going on in the other cities - Budapest is having a fight between the city council and Mayor on having a referendum. LA continues to focus on the "great opportunity! We made in money in 1984! As long as this doesn't need tax dollars, which it won't! Trust us!"
If whoever does get 2024 runs at true break-even, shame on us (although I do believe pigs will be flying simultaneously). I think Boston could still figure out how to profitably put on an event like this, and sooner rather than later the IOC is going to have to recognize that the current bidding model will never be acceptable to a city that does not have the national government defacto paying the bills through taxes. While perhaps it will never be politically acceptable to the IOC based on our actions in 2015, it would be great to have a sustainable Boston Olympic bid at some point in the future (which does not include a theme park beach volleyball stadium on the Common - history as backdrop!). So I appreciate this as an ongoing story.
Anyway, thanks Adam for continuing to follow this. Uhub rocks!
If whoever does get 2024 runs at true break-even, shame on us
No, that just means that the other city is better equipped to handle the event than Boston could be. Los Angeles has the experience and many venues that can be reused from two previous Olympics, so I have some confidence they could pull it off again.
I thought it would have been interesting if Boston could have been the smartest people in the room and figure out how to make a sustainable (versus black hole of lost tax dollars) Olympics work.
The problem is, Boston2024 was made up of easily some of the worst project managers that ever managed a project. It was not our best and brightest-- it was the usual revolving door of well-connected but dimly-lit bulbs who somehow manage to survive when there's no real scrutiny, so they figured they could do it again in a half-assed way and no one would notice or care.
The repeated failures of this group, no matter how many local celebrities they forced onto their board (with or without notifying said celebs in advance, of course), were so numerous, obvious, and egregious that to think they'd be able to handle the actual running of the games is laughable.
To whit: claiming they had cleared the use of Widett Circle as the main venue with all the current businesses, a claim that was repeatedly proven false; deciding to use Squantum Point Park for volleyball without informing DPR, the actual owners of the park; deciding that taking over Franklin Park for a destructive activity and then promising a pool as a legacy that no one wanted because no one at B24 every actually, you know, asked anyone; refusing to release the bid documents for weeks, then only releasing heavily edited and redacted versions that, in their original form, showed a $500m deficit that they repeatedly claimed never existed until their own documents (released under public records laws, after a fight) showed it did; promising to not require public financing when their own internal super-secret documents proved otherwise once the public was allowed to see them; having uninformed people like Shirley Leung, who didn't realize that four of the largest venues weren't already in existence and would need to be built from scratch, as some of your main proponents; on and on and on.
We as a community dodged a huge bullet with this. I think the Olympics *might* be good for Boston, when it isn't thrown at the community from behind closed doors and with the only people making decisions being the same ones who will wildly profit from them. Next time, put together an open planning process over a few years that brings together neighborhoods to find ways to make this work on the city's timeline and with the region's goals in mind, then put forward a bid. Trying to cram billions of dollars of one-time use construction into a shortened timeframe to suit the wealthy and privileged elite of the IOC was a sure-fire recipe for graft (oh, sorry, I mean "overruns") and spoils that we would all be left holding the bag for.
I thought it would have been interesting if Boston could have been the smartest people in the room and figure out how to make a sustainable (versus black hole of lost tax dollars) Olympics work.
I think we already have several more interesting projects. For starters, I would like to see our smartest come up with a reinvented MBTA that runs on time, efficiently, cleanly, and is sustainable financially. Perhaps someday, someone will figure out how to prevent 3 or 4 bus 39's from riding in a convoy between Forest Hills and Back Bay as well.
Comments
Meanwhile, During The High-Drama Security Theatre On Friday ...
... John Fish was made Chairman of the Boston Federal Reserve Bank. Yes, that's the same John Fish who told us we were being unpatriotic if we didn't wholeheartedly support his Olympic vision.
Unadorable!
n/t
Fear
I think of Boston politics and development as a playground for insiders who are willing to play political corruption games.
But the Federal Reserve is its own insider game, with a good deal of power over the economies of this nation and many others.
Boston had an amazing victory over the Olympics corruption, but this appointment suggests that we were actually out of our league. Guess we're not going to see that federal investigation. And that's the last time I comment on a big-players Boston development scam.
thanks for posting this
People (including me) really have no idea how far removed the politicians and the rich and powerful are from their everyday lives, and how much those rich and powerful and corrupt politicians influence and guide their lives.
Shirley Leung
Turns out she knows how to back a winner.
Almost relevant to Boston. I
Almost relevant to Boston. I sorta get the connection.
You'd think these Olympics would take the hint
People don't want them in their cities. The Olympics scorched earth method of chewing up cities, spitting them out and moving on after three weeks is outdated. The answer is obvious. A designated place where the Olympics are always held.
HAHA IOC
Get wrecked.
Adam you need to move on
Adam you need to move on
Thanks, but ...
I'm not tired of it just yet.
Anon
You need to
1) Grow a set, register and own your comments
or
2) Go find another board to crap on
As an Olympic bid proponent
I thought it would have been interesting if Boston could have been the smartest people in the room and figure out how to make a sustainable (versus black hole of lost tax dollars) Olympics work. And my home in the South End and business at Newmarket Square would have been directly impacted by the whole Olympic circus, so I'm not some suburban armchair cheerleader on this topic.
However - the "no tax dollars will need to be spent then would otherwise have been spent, but guarantee the costs and trust us" mantra, and "guarantee this now!" was too much, particularly after Boston 2024 ran the worst pr and information campaign ever. It had to end the way it did.
But I'm still following what's going on in the other cities - Budapest is having a fight between the city council and Mayor on having a referendum. LA continues to focus on the "great opportunity! We made in money in 1984! As long as this doesn't need tax dollars, which it won't! Trust us!"
If whoever does get 2024 runs at true break-even, shame on us (although I do believe pigs will be flying simultaneously). I think Boston could still figure out how to profitably put on an event like this, and sooner rather than later the IOC is going to have to recognize that the current bidding model will never be acceptable to a city that does not have the national government defacto paying the bills through taxes. While perhaps it will never be politically acceptable to the IOC based on our actions in 2015, it would be great to have a sustainable Boston Olympic bid at some point in the future (which does not include a theme park beach volleyball stadium on the Common - history as backdrop!). So I appreciate this as an ongoing story.
Anyway, thanks Adam for continuing to follow this. Uhub rocks!
not necessarily
No, that just means that the other city is better equipped to handle the event than Boston could be. Los Angeles has the experience and many venues that can be reused from two previous Olympics, so I have some confidence they could pull it off again.
The premise was flawed from the start
The problem is, Boston2024 was made up of easily some of the worst project managers that ever managed a project. It was not our best and brightest-- it was the usual revolving door of well-connected but dimly-lit bulbs who somehow manage to survive when there's no real scrutiny, so they figured they could do it again in a half-assed way and no one would notice or care.
The repeated failures of this group, no matter how many local celebrities they forced onto their board (with or without notifying said celebs in advance, of course), were so numerous, obvious, and egregious that to think they'd be able to handle the actual running of the games is laughable.
To whit: claiming they had cleared the use of Widett Circle as the main venue with all the current businesses, a claim that was repeatedly proven false; deciding to use Squantum Point Park for volleyball without informing DPR, the actual owners of the park; deciding that taking over Franklin Park for a destructive activity and then promising a pool as a legacy that no one wanted because no one at B24 every actually, you know, asked anyone; refusing to release the bid documents for weeks, then only releasing heavily edited and redacted versions that, in their original form, showed a $500m deficit that they repeatedly claimed never existed until their own documents (released under public records laws, after a fight) showed it did; promising to not require public financing when their own internal super-secret documents proved otherwise once the public was allowed to see them; having uninformed people like Shirley Leung, who didn't realize that four of the largest venues weren't already in existence and would need to be built from scratch, as some of your main proponents; on and on and on.
We as a community dodged a huge bullet with this. I think the Olympics *might* be good for Boston, when it isn't thrown at the community from behind closed doors and with the only people making decisions being the same ones who will wildly profit from them. Next time, put together an open planning process over a few years that brings together neighborhoods to find ways to make this work on the city's timeline and with the region's goals in mind, then put forward a bid. Trying to cram billions of dollars of one-time use construction into a shortened timeframe to suit the wealthy and privileged elite of the IOC was a sure-fire recipe for graft (oh, sorry, I mean "overruns") and spoils that we would all be left holding the bag for.
Interesting? I disagree
I disagree that this is interesting.
I think we already have several more interesting projects. For starters, I would like to see our smartest come up with a reinvented MBTA that runs on time, efficiently, cleanly, and is sustainable financially. Perhaps someday, someone will figure out how to prevent 3 or 4 bus 39's from riding in a convoy between Forest Hills and Back Bay as well.
A City on a HIll
Indeed!