2016 Olympics

We all know that Chicago wanted to host the 2016 Olympics.

Friday morning, President Obama urged the IOC to pick his hometown of Chicago, saying the city represents the American dream as well as the Olympic spirit.

Obama's address to the 106 IOC members was the highlight of the Chicago bid committee's final presentation before the vote to choose the host city.

"Chicago is a place where we strive to celebrate what makes us different, just as we celebrate what we have in common," Obama said.

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The vote is over! Chicago loses its bid for 2016 Olympics. Chicago's elimination (on the first round of voting) was one of the most shocking defeats in IOC voting history. It had long been seen as a front-runner and got the highest possible level of support — from President Barack Obama himself.

Who will host the 2016 Olympics.... Rio de Janeiro or Madrid???? Hmmm stay tuned...