Dollars Down the Drain

The Americans presume to lecture the rest of the world on efficient and honest government, as befits the bombastic claim of having the greatest democracy the world has ever known. A reality check shows how self-delusional and misleading of others that claim is. The truth of the matter is that the U.S. Government is as incompetent and wasteful -- if not much more -- as any other nation.

Case in point: the Federal Government currently spends $890,000 on fees for 13,712 empty bank accounts. The reason for this absurdity is that no one has taken the time to close those accounts. Of course, things are not as bad as they used to be. Two years ago there were more than 28,000.

So much for listening to those long-winded lectures by American bureaucrats on how to run a decent government.

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