Mayor Daley dismissed an independent analysis of the economic potential of the 2016 Olympic Games on Thursday, first with an ad hominem attack on the state of Michigan, and then with a less-than-nuanced economic retort of his own. The report, which was prepared by the East Lansing, MI-based Anderson Economic Group, shows that the 2016 Summer Games would result in "a net economic impact of more than $4.4 billion," far less than the $19 billion Olympic boosters have projected. "We have individuals coming from Michigan, telling us what to do. Telling us how bad our economy is," Daley said at an event in Pilsen. "We know how bad our economy is, they wish they had the Summer Olympics. I feel sorry for the people in Michigan, in Detroit and all over Michigan." more ›