According to P/fork: http://pitchfork.com/news/47391-morrissey-disses-the-olympics/

I'm very unmoved by patriotism full stop, and so what he says I have some time for.

It's wonderful to think how many people are getting inspired by the Olympics, but where will be the tangible benefits for those outside London? It does seem to be a bit of a party in the ballroom while in all the other parts of the Titanic people are getting submerged in water.