Sunday, February 19, 2012

THE OLYMPIAN SPIRIT

This year sees the start of the Olympic Games, it will be a period of excessive nationalist nonsense in the world's media and the re-iteration of endless balderdash about fine sporting ideals. But, this is capitalism and sporting tradition comes a poor second to making a few bob out of a business opportunity. "London landlords are evicting tenants to cash in on the Olympic Games by charging tourists fortunes. Homes in the east London boroughs where many events are to be held are fetching between five and 15 times their typical rates as properties are rebranded as short-term Olympic lets." (Daily Mail, 3 February) RD

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