Thursday, October 9, 2008

The difference between "hope" and a "race"? $10 to $20 million of your money

This is right out of the playbook of the recent U.S. Congressional bailout.
Rich guys supposedly NEED your money to solve a crisis of their own making.
They tell you they're doing it FOR you.
And you can bet your last nickel they're going to get it because politicians think your money will buy them votes in Quebec.
Admission to the Canadian GP should be free next year because in a few days time, you will have already paid for it.

From Canada.com

Montreal Mayor Gerald Tremblay said Thursday a meeting would be held between F1 boss Bernie Ecclestone and Canadian officials to try to salvage next year's Canadian Grand Prix.
Tremblay said there was a $10 million to $20 million commercial gap between Grand Prix organizers and Ecclestone.
GPF1 chief executive officer and president Paul Wilson said a competent team was still in place to organize and manage the event, despite the confirmation by previous promoters they were withdrawing from the event.
Michael Fortier, federal minister of public works and government services said, "conversations with Mr. Ecclestone lead me to believe there is hope."

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