Friday's Olympic announcement may be bad news for President Obama but it’s great news for Rio di Janeiro. Rio, the first South American city to host the Olympics, beat out Chicago, the first city ever personally plugged by a U.S. President. The loss is particularly embarrassing to Chicago and the White House as it comes on the heels of four years, $50 million worth of campaigning, and New York City’s loss of the 2012 games. In their bid for the 2016 games Rio’s promoters played up its underdog status, though the city will also be playing host to the 2014 World Cup. “For the others it would be just one more Games, for us it would be an unparalleled opportunity,” said Brazil’s 89-year-old President President Luiz Inácio Lula da Silva. Following the announcement Rio lived up to its reputation, and beaches flooded with bikinis and beach ball’s bearing Brazil’s colors and the slogan “It’s Rio’s Time.”
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