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sp1814, the LOCOG is mainly funded from the private sector - guess where the rest comes from?
I feel sorry for the residents involved in the Olympic sites. The nearest to me is Portland and Weymouth and there has been a lot of coverage on the local radio station, in particular. Not all residents welcome the games. Many are to be affected in getting to their place of work. The area has undergone huge changes in their road system, as one example. They will not be able able to enjoy free access during the games.