Is the International Olympic Committee (IOC) racist?

Chicago has been eliminated in the first round of consideration of the 2016 Olympics despite Obama acting as the official pitchman. Does this mean the International Olympic Committee is racist? Also, does this mean Obama will get back to actual issues facing the country, or is another round of late night talk... show more Chicago has been eliminated in the first round of consideration of the 2016 Olympics despite Obama acting as the official pitchman. Does this mean the International Olympic Committee is racist? Also, does this mean Obama will get back to actual issues facing the country, or is another round of late night talk show appearances in the works?
Update: Sorry, 2012 Olympics. My bad.
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