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New York Marathon cancelled. The right decision?

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So you've heard about Sandy.

You've heard about the devastation it created in the northeastern US.

New Jersey shattered. New York flooded.
Tens of lives lost, hundeds of thousands of homes still without power.
Streets flooded, homes destroyed, areas inaccessible.
People homeless, people lost love ones, destruction and despair.

On, I think, november 4th the New York City Marathon was scheduled.
One of the, if not the, biggest marathon events in the world.

Hundreds of thousands of applications out of which forty-seven thousand were chosen.
Runners that have trained for months to compete. Saved up money.
Took time off from their jobs, arranged plane tickets, hotels rooms and everything that goes with it.
Hundreds of companies involved, some dependent on the NYC Marathon for their sole survival.
The marathon could give the city an economic and humanitarian impulse.

So, what are your thoughts?
Should Bloomberg have continued with the marathon?
Or did he, in the end, make the right choice?

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