Sunday, June 27, 2010

G20: Right Down the Drain

Ever since the huge Wall Street bailout, how many times have we read about how our economy is in the crapper right now?

Canada hasn't been as hard hit as other developed nations, but we still feel the effects.

Greece is the latest entity requiring a bailout to the tune of several billion dollars. Here's hoping that the 80% of their population not paying their taxes will finally get around to filing a return.

And as we continue to flush money down the toilet, Canada decided to host the G20 summit.

Or is it G8? I'm not sure.

And here's the catch: Security alone will cost $1 billion dollars!!! ONE BILLION FRICKIN' DOLLARS!

Aren't our politicians trying to come up with ways to spend our resources more efficiently? Maybe how to save a few bucks and maybe balance a budget or two?

So why even have this summit?

Why do we have to have it to begin with? Why do we have to employ 12,000 people for a few days for all that money, when there are no economic spinoffs for Toronto to enjoy?

Downtown Toronto is fenced off and DEAD, save for some protesters who are smashing and burning things up.

Why can't these geniuses who runs these summits suggest maybe a video conference? Have all the big wigs login to a computer from the friendly confines of their home offices and chat that way. That's got to be a better way than wasting all that money on a one week conference.

Even if they want to make the meetings hush hush and fear internet hacking, I bet $500 million in firewalls could be invested to make sure nothing happens. And as outrageous as that price tag sounds, it's still a 50% savings as to what's going on right now.

The G20 summit: What a disgrace.

Comments:
Here's hoping the security personnel who may have earned a few extra bucks in OT $ use it to patronize the merchants and businesses downtown who may have lost sales.
 
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