Friday, 25 May 2012


The Olympics are coming home to the birth place of Crony Capitalism, and nothings more crony than 900 vested interests lining up to run a a few hundred yards to grab themselves as much as a £145,000 bounty by near immediately selling their 'precious' replica torches on ebay.

…… whilst I could rant on and on about the selling of Olympic torches, the truth is that this is but the mere tip of the cronyism iceberg. These 2012 Olympic games will have very little to do with sport but everything to do with the a feeding frenzy of cronyism as officialdom line up one by one for personal profit from a range of activities such as corporate sponsorship deals.


This is an example of where Britain stands today, society is literally rotting away, we saw it in last summers riots for goods in the shops and we are seeing it with the 2012 Olympics, this does not bode well for what could follow in the event of a Euro-zone sparked Financial Armageddon.
                        ....................... Nadeem Walayat

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