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Originally Posted by ZeroID
NZ won...
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Where's my prize? They took my tax dollars and gave it to the challenge without my permission, so they owe me the prize.
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...[T]he event returned on the Govt's investment of 36 mill about 5 fold...
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How so? The government donated NZ$36m of NZ taxpayer's money to a bunch of rich guys to have fun messing about in boats, and they lost. We get that donation back... How, exactly?
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...[O]ngoing for the whole marine industry.
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And yet the NZ marine industry has been whinging like girls since forever that they need yet more NZ tax dollars thrown their way.
And it's been estimated that well in excess of a billion NZ dollars has been poured into the NZ America's Cup challenges since billionaire Michael Fay began soliciting donations from the NZ public to fund his first crack at it. Hard to see where NZ got much in the way of value.
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ETNZ took on Larry Ellison, not the USA .. or the world, .... just $$$$$.
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And yet all we ever hear is how NZ has conquered an admiring world, that the A.C. put NZ on the map, etc etc.
So, NZ$36m of our tax dollars is thrown at rich guys to yacht race a billionaire with nothing better to do than laugh as a big chunk of an entire nation's population wears little red socks and waves little black flags and tells itself the whole world is watching.
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And it was a good event to watch, win or lose. 
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Seriously? It's "exciting" to watch a pair of expensive plastic boats slooooowly sail about, being overtaken by paddling seagulls and drifting clouds and dead fish? To each their own, I guess.
