Simon Jenkins contributes his two cents to the Olympic disaster in the making.

"The 1948 London Olympics cost £20m at today's prices. Such a sum, or £50m, or even £200m (10 times bigger) should be the upper limit for a festival of sport. If that is considered stingy, then how about half a billion? But £7,280,000,000 and counting? This is getting insane."

Sudha Shenoy - 11/26/2006

When taxes keep rolling in, rolling in, how to rein in spending? What to do with the revenues otherwise?