Folie de grandeur

I first called for the cancellation of the Olympics back in May. (See: Olympics). Now the story has reached the mainstream press. As the cost soars past £10 billion taxpayers surely know now, if they had failed to spot it, that they are being taken for a ride.
From The Times:
This month Tessa Jowell, the Minister for the Games, admitted that the Government would not have bid for them if it had seen what was coming. “Had we known what we know now, would we have bid for the Olympics? Almost certainly not.”
After the £1 billion Greenwich Dome flop you would have thought they would have seen it coming. Not these sleazebags.
Update: Suppressed report warned government of Olympic folly.