Given how short-term these sorts of events are and how unlikely it is to happen there again (in a lifetime), I suggest just letting them get on with the crazy thing and concentrate on more constructive subjects. One of those topics to keep the media busy.
I'd love to ignore it but the Gov unilaterally deciding to spend £10 billion of public money entertaining rich people for a week or two in the midst of a recession when there's rampant unemployment, an ever widening poverty gap and cuts on all but essential public services ... sorry can't ignore that.
