In that post, I wrote:
So why is the Bush administration pushing this? Did I mention that we've spent $95 billion on it? Throwing pots of cash at defense contractors is what Bush does. It doesn't make any difference whether or not it works -- a failed test is exactly as expensive as a successful one -- the only thing that matters is that it allows people who are already unbelievably rich to reach into your wallet and grab your tax dollars. Who cares if it works?
Oddly, with all the Republican complaining about wasteful spending, missile defense hasn't really made an appearance. Obama has signaled that he might be open to placing a missile defense system in Poland, so it's not like the subject hasn't come up. For the GOP, wasteful spending means monitoring volcanoes so we're prepared for eruptions, not throwing money at stupid-expensive missile systems that may not actually work and have never been adequately tested. Bailing you out because you got suckered into a crap mortgage is "pork," while throwing billions at defense contractors for what amounts to a lucky charm is sound fiscal policy.
Starting to see how we got into this economic mess in the first place?... [CLICK TO READ FULL POST]