"In making his pitch, the president had said that a nation shaped by the people of the world "wants a chance to inspire it once more." Never before had a U.S. president made such an in-person appeal, and Obama's critics will doubtlessly see the vote as a sign of his political shortcomings.
"I urge you to choose Chicago," Obama told members of the International Olympics Committee, many of whom he later mingled with as some snapped photos of him on their cell phones.
"And if you do — if we walk this path together — then I promise you this: The city of Chicago and the United States of America will make the world proud," the president said." Yahoonews.
$50 million dollars in costs sunk seeking the games and a great deal of private money to be made if they had the games. Those were the stakes. For that possible gain, the prestige of an already diminished president was wagered, and lost.
What we have learned from this is that the president is not his own man. His first inclination was to send his wife to appeal for the prize. That would have been wise.
Now we know that the Chicago money that drove his campaign is still very much in the driver's seat.
That is bad news. pl