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"Give the World Cup bid a red card"

That's the title of co-blogger Dennis Coates' piece in today's LA Times.  Dennis may be too proud to call attention to himself by pointing that out here, but I'm not!  Here's the first paragraph:

This week, officials of FIFA, the world soccer federation, will be visiting the United States to examine America's bid to host the 2018 or 2022 World Cup, with Los Angeles remaining as one of the potential host cities. The U.S. Bid Committee has touted the tournament as a major moneymaker for the U.S. economy, predicting a financial benefit of up to $5 billion. Such a needed boost sounds too good to be true. Sadly, it is.

Here's the rest of the story.