Wasteful expenses (Part 1)
It is to be expected that
government officials in their desire to make names for themselves, will
encourage the taxpayers to pay out millions and sometimes billions of dollars
to build buildings and other structures that in the end, are rarely if ever
used later on as time passes by. What follows are examples of these horrendous
blunders.
Summer Olympic Games in Athens (2004)
Modern Olympic Games have produced
profits and losses for their host cities and Athens is no exception. In an obscure corner of a park sits a forlorn
reminder that, ten years ago, Athens hosted the 2004 Summer Olympics. The
crumbling miniature theater is inscribed with the words “glory, wealth, wisdom,
victory, triumph, hero and labor” where visiting Olympic officials planted an
olive sapling that would bear their names for posterity. The structure was once
a symbol of pomp, the marble theater is now an emblem of pointless waste in a
venture that left a mixed legacy: a brand-new subway, airport and other vital
infrastructure that significantly improved everyday life in a city of 4
million, set against scores of decrepit sports venues built in a mad rush to
meet deadlines with little thought for post-Olympic use.
As the people of Greece continue to suffer under
a painful economic depression, questions linger of whether the Athens Games
were too ambitious an undertaking for a country with a weak economy. While
economists agree it would be unfair to blame the meltdown on the 17-day Games,
the post-Olympic era is seen as a decade of lost opportunities, including failure to significantly boost the
country’s sporting culture.
The latest government estimate sets the final
cost of the Games at 8.5 billion euros, ($11,360 USD billion) double the
original budget but a drop in the ocean of the country’s subsequent 320
billion-euro debt, which spun out of control after 2008.
Few of the sporting venues; mostly purpose-built
permanent structures have seen regular post-Olympic use. The
badminton venue is a successful concert hall, but the empty table-tennis and
gymnastics stadium is up for sale, and the beach volleyball center has been
rarely used. Most Olympic venues are padlocked.
Mind you, it was a useful investment to the non-sports infrastructure of Greece. They
got a good airport out of it. I remember when my wife arrived at the airport at
Athens in 1990. It was worse than a third-country airport. The Island of Bali
had a better airport than the one in Athens then. The new one in Athens is top
of the line.
The Olympic village
was transformed into public housing. That was put to good use but the taxpayer’s money would have been better spent on the
infrastructure of Athens than wasting it on the Games in 2004. If Greece had
been experiencing a good economic upturn in 2004 then the sacrifice might have
been worth it but that wasn’t what Greece had experienced that year. They were in dire straits then.
United States Department of Defence
You'd think the U.S. military would have
learned a lesson or two about wasteful spending after scandals
over purported $100 hammers, $300 toilet seats, and $16 muffins. But it turns
out the Pentagon is still presiding over one of the most catastrophically wasteful militaries on Earth. In a way this
makes perfect sense: having an annual half-trillion dollar budget and exemption
from federal audits is enough to make any branch of government careless with
its finances. And some of these mistakes are almost understandable given the
vast scale of the U.S. military, like last year when the Department of Defense
(DoD) purchased more than $700 million in supplies and equipment that were
already overstocked. But with service members facing sharp cuts
to their benefits as part of
the next round of sequestration, there's no positive way to frame military
waste. Here's a list of the more outrageous projects the DoD deems more
important than the housing, education and medical services of that nation’s soldiers.
The program for
developing the F-35 has cost taxpayers $400 billion over 12 years of intense development and engineering. And
that's not even half the real price tag: building and maintaining a fleet of
2,443 planes for 30 years (their approximate lifespan) will cost more than $1 trillion. It remains to be seen if the
F-35 is worth even a fraction of the development cost. The planes currently aren't able to fly in
bad weather or at night, and none have been used
in combat.
The U.S. Navy has
been attempting to create a ‘green fleet’ by adopting alternative biofuels. The
catch is that the cleaner fuel costs $26 per gallon, which is much more expensive
than the $2.50 the Navy pays for each gallon of petroleum. Despite reports
that there isn't a clear long-term cost benefit of adopting biofuel, the DoD
has spent millions on
private companies that are
developing alternative fuels. And green projects aren't confined to a single
branch of the military; last year the Air Force paid for 11,000 gallons of
biofuel at a rate 10 times higher than the price of regular jet fuel.
The Human Terrain System (HTS)
is a $600 million program that helps service members develop a greater understanding of
the cultures where they are deployed. A recent investigation criticized HTS for chronic mismanagement, incidents of racism, sexual harassment and cases of serious fraud.
Anthropologists have derided it for militarizing their field without producing
useful fieldwork — an opinion shared by some military officers, who dismiss HTS
reports as useless. As Congress goes through the
motions of debating the National Defense
Authorization Act, they are poised to approve an additional $15 million for
the program.
Gravina
Island Bridge Project in Alaska
Alaska's infamous Gravina
Island Bridge Project would
have been a $338 million bridge that was to serve only 50 residents. All that's
left is what is called, the Road to
Nowhere, leading up to the nonexistent bridge. The bridge was to be nearly as long as the Golden Gate Bridge which is 8,981 feet (2,737.4 m) long, and higher
than the Brooklyn
Bridge. The bridge was to cross the Tongass
Narrows, part of Alaska's Inside
Passage, so the bridge was designed to be tall enough to accommodate
ship traffic, including the Alaska Marine Highway and the cruise ships that frequent Alaskan waters during the summer months. According to the Alaska Department of
Transportation & Public Facilities, the project's goal was to “provide better service to
the airport and allow for development of large tracts of land on the island.”
Well, that never happened. This was Sarah Palin’s dream project but her dream
was a nightmare for the taxpayers who ended up paying $25 million for the road
that led nowhere. Those wishing to get
to the island still use the ferry.
I will give you
more instances in the near future where government spending went haywire at the
taxpayer’s expense.
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