How to waste money

FOREIGN POLICY has a neat page, entitled "The List: The World's Biggest Military Boondoggles". It's quite a list, and it seems that the U.S. is not alone in trying to make failure expensive.

• Britain: TYPE 45 DARING-CLASS DESTROYER  Budget: $10.6 billion for six ships Status: Delayed   From the people who brought you Lucas electrics.
• Russia: SS-NX-30 BULAVA SUBMARINE-LAUNCHED BALLISTIC MISSILE Budget: $500 million and counting Status: Stalled   You might not want to be on the boat that tries to launch that puppy.
• China: THE 085 AND 089 PROJECTS Budget: Unknown Status: In development   China learns to build a Nimitz-class aircraft carrier. Good luck.
• France: PORTE-AVIONS 2 Budget: $4.7 billion and counting Status: Stalled   France and the UK do work nicely together on occasion, but this isn't it.
• The EU: A400M TRANSPORT AIRCRAFT Budget: $27.7 billion Status: Endangered   Europe spends large to find out just how good the American C-130J really is.

It's only money.