G8/G20 Cost Analysis

No this is not a breakdown of the cost of the G8/G20 summits taking place in Huntsville and The Big Smoke this year.  This is my analysis of the whole “G8/G20 Cost” debate.

Question:  Did it need to be over a Billion dollars?

OfficiallyScrewed.com Answer:  It wasn’t over a billion dollars.  Sure, maybe it was earmarked as G8/G20 spending but realistically it is also a chance for the government to beef up permanent security needs for a major urban area. ex.  London, England already had 10,254 security cameras scattered around the city when they held the summit.  The Big Smoke did not.  So realistically all permanent infrastructure that will be in place for the benefit of Muskoka and The Big Smoke should really be eliminated from the bottom line when analyzing the cost.  And I am pretty sure that over half the cost can be assigned to this category.  So in effect it becomes stimulus money for the local economy.

And speaking of the local economy, I wonder what The Big Smoke tourism board thinks of all this.  With some entourages numbering in the 4 digit area, we can safely assume over 10,000 guests to The Big Smoke.  That’s a hell of a lot of hotel rooms and meals.  And think of the shops in Yorkville or along Queen St.  The VISA and Mastercard machines will be humming and alot of this spending will be subject to GST and PST reducing the total cost even further.

Question:  Will jobs be created out of this?

OfficiallyScrewed.com Answer:  Damn straight.  Security alone will be huge but there will also be paramedics, fire, police, food services, waste disposal, preparation, (and yes Nellie, even the arts get some money.  (Do you think some suit put together the fake lake?  No, I bet it was some artsy fartsy person taking their turn at the trough too.)  I am not sure about how many jobs are being created even temporarily but I can be sure that the paychecks for those jobs are subject to……ding ding ding…federal and provincial income tax further reducing the cost.

Question:  Will we come out ahead?

OfficiallyScrewed.com Answer:  Probably not.  But there is other inherent values to hosting the G8/G20.  Long term tourism dollars are the least of my concern.  You see in the old days in many countries a group of three people meeting could be considered conspiracy and you could be charged.  The paranoia ran deep in governments but it was also a symbol to them that the few at the top controlled everything.  This is not the case in a western style democracy.  Perhaps from a mile high view this is the case but realistically if taxes go up, jobs go down, that government will get tossed out on it’s ear.

So to me, having these nations get around a table and talk is important.  It shows leaders like Ahmedinejad and Chavez, and groups like Hamas and Hizbollah and Al Quaeda that we can sit and talk peacefully about how we should best address problems the world is having so we can all best move forward wherever our free will takes us.  We do NOT need to be pushed back in the shadows to meet under cover of the night or teleconference or in small groups.  We can do it openly…under their noses and in front of their faces.  And hopefully in front of the faces of their citizens too.

Because the bottom line is that as long as we are talking, we are not fighting.

9 thoughts on “G8/G20 Cost Analysis


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    June 13, 2010 at 2:00 pm
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    Sounds like a lot of hot air to me. I’d rather see the actual spending breakdown.


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    June 13, 2010 at 2:35 pm
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    I would put that explanation in with the big government will protect and take care of us agenda that conservatives, liberals and socialist are now all advocating.

    As Thomas Jefferson said “I predict future happiness for Americans if they can prevent the government from wasting the labors of the people under the pretense of taking care of them.”

    I predict the inverse for us.


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    June 13, 2010 at 3:22 pm
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    Right on with your post OS.Toronto area will be the big winner,with all the upgrades and security put in place.And the biggest bonus of all is……. DRUM ROLL PLEASE……It is not going into…………………….THE Suspense is killing us,,PLEASE tell us….ITS not going into what??????….Ok,,,It is not going into BROWN ENVELOPES..Hope your happy that you dragged it out of me.


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    June 13, 2010 at 4:44 pm
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    Great post, msm won’t should explain it that way and stop the panic.

    Thanks,


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    June 13, 2010 at 6:15 pm
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    1 billion is about $30 bucks for every man woman and child in Canada. Chump change for the greatest country in the world.


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    June 13, 2010 at 9:20 pm
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    Umm.. okay but who is the enemy? You make the article sound like we are at war? With who? I think actions in the middle east encourage retribution and it is a travelling roadshow that draws every nutbar on the planet.


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    June 13, 2010 at 10:29 pm
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    Well it is these nutbars that do all the damage.Maybe we should charge them for the security..Pass that bit of brain work on to the Government,for future consideration.


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    June 14, 2010 at 10:29 pm
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    Come on folks, please think about what is going on here. Let’s just say we hire 10,000 security people for 3 days paying them $100 per hour for 24 hours in those 3 days. That security cost would be approx. $70 million.

    Again, let’s say they rent 10,000 budget trucks for 2 months at $100 a day(that’s generous) that would come to approx.$ 60 million.

    Those 2 expenses would total 13% of their $1billion figure. 10,000 security to sober 20 people who are already bringing their own security? 10,000 trucks …. There aren’t that many for rent in Canada.

    Point: Pitsberg G20 cost $18 million, London $33 million. Where is our money going? Please wake up and focus on the facts and try not to get distracted with the $2 million pavillion … At least we know where that money is being wasted now how about the rest? Demand a breakddown of th numbers from your MP. Democracy and freedom are slipping through our fingers and we can’t even see it.

    Where is the


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    June 29, 2010 at 8:04 pm
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    Total cost to protect 28 delegates = 1.2 billion. Cost to protect each delegate =$42,857,142.86. Yes folks that is $42.9 million to protect each of 28 banker delegates, who, through the private central banking system are robbing you blind. Furthermore, these guys print the money out of thin air then loan it to your government at interest so that you, who could not even get close to the action can pay for it. For a guy earning an average of $50,000 a year it requires 857 working years to protect one delegate for 4 days. ps. each delegate you protect earns more than 50k per year. Still proud to be Canadian! Let’s bend over eh!
    Question is who got bought off other besides the private security firms owned by these very same bankers. Doesn’t it feel good to get scammed.

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