IT Cutbacks For 2012 London Olympics
Slatterz writes "The IT backbone for the London 2012 Olympic and Paralympic Games is to be cut. According to the Games' chief integrator, Michele Hyron of Atos Origin, each section of the computing infrastructure will be made more efficient in order to minimise redundant equipment and hopefully reduce energy consumption. Unlike the Beijing Games, the results will be relayed via the public wireless network which will be available in the Olympic Park — this means cutting out the 2,500 results terminals. The team of workers will deliver more than 1,000 servers, 10,000 PCs and 4,000 printers."
Now instead of an International sporting competition in London, 3 guys from Yorkshire will come down and play rock, paper, scissors. To save face 1000 rounds of RPS will be played, and for each one a different combination of paper hats with different national flags printed on them will be worn by the 3 guys. The IOC is requesting donations as paper hats and printing costs money, as does travel to and from Yorkshire.
These posts express my own personal views, not those of my employer
No, money is created from something. What bankers do that makes money insubstantial is called leverage. A typical leverage structure in a functional economy is 10:1, where there is 10 times as much money issued on loan as there is in actual existence. Sounds crazy, but it works.
The current economic fiasco is due largely to excessive leverage, just like the crash of 1929. Currently, American banks that have either collapsed or are begging for bail-outs were leveraged over 100:1.
The shit hasn't quite hit the fan in Europe yet. Most major European banks are leveraged far more than 100:1, most notably German banks that exceed 400:1. So when European banks start to go tits up (and they will), keep in mind there is no treasury for the Euro. The only bailout funds are from individual countries, who are no doubt going to care more about themselves than an economic union that failed to protect them. So imagine changing currencies in the middle of the greatest economic crisis in 80 years. Think that's a good thing, or bad?
War as we knew it was obsolete
Nothing could beat complete denial
- Emily Haines
>>>The olympics encourage people to take up sports and get fit.
Since the Olympics were installed people are MORE fat than ever, not less. The Olympics have done nothing of what you claim.
>>>They promote tourism.
Not really. Most of the cities that sponsored the Olympics are still deep in debt. There are a few exceptions like Atlanta which was mostly paid by corporations, but then there are others like Toronto who, even thirty years later, are still in debt. Tourism does not make-up for the huge expense of throwing this "huge sports party" known as the Olympics.
>>>you can pump as much money as you want into schools and research and it tends to dissapear into a black hole.
The fact that we are both sitting here with college degrees, and now contributing back to society with our respective design expertise, belies that claim. Schools contribute for the simple reason that people walk into kindergarten going "duh" and they come out with the ability to read, write, and do basic math (or go onto college).
That's better than what sponsorship of Olympic-level sport produces (a broken worn-out body in most cases & a way to sell Fruit Loops in national advertising).
FOX NEWS.com should be BANNED from television and internet. Have the Congress take it over and give us Truespeak.