State Subsidized Bread & Circuses Projects Are Usually Financial Busts

Whether spectacles for national glory (i.e., Olympics, World Cup Soccer), or for local crony capitalist insiders, (i.e., sport stadias, convention centers, etc.), they nearly always result in huge amounts of tax money flowing into well-connected pockets, minus the promised public benefit. . Here are some ruin porn photos of the unused, grown-over facilities from the 2004 Athens Olympics as quick visual reminder of this sad but true outcome.