31 Compelling Reasons to Chuck Capitalism in the Trash

Reason 1: America’s $1.7 billion sensors that were thwarted by urine
31 Compelling Reasons to Chuck Capitalism in the Trash

We know what you’re thinking: You think that our harsh judgment of capitalism means that we must want Communism or a dictatorship instead. Well, that’s simply not true. We just stumbled upon a batch of foolish money-squanderings that had us questioning the system. Luckily, we’re typing this from a place that won’t have us imprisoned for judging its capitalistic ways. So let the judgments begin!

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Government Spending

When healthcare.gov launched and immediately crashed, the government paid $4 million to fix it. Affordable Care Act That money went to the same contractor who screwed it up. Despite the fact that the flaws were generated by the contractor, the CMS withheld only $267,420 of the $4 million. http://www bloomberg com/news/articles/2015-09-22/-s-paid- GRACKED.COM healthcare-gov-contractor-4-million-to-fix-its-own-mess

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A $33 Billion Financial Loss

CRACKED TUTE MILK $33 BILLION IN 18 MONTHS Eike Batista, a Brazilian oil tycoon, went from an estimated wealth of $34 billion to less than $1 billion in just 18 months. Until Elon came along, that made him a contender for the person who has lost the most money in the history of the world.

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Government Spending

In 2010, the GSA spent $800,000 on a conference in Vegas. conositara P | I I P no 850198IN2 D OM НО ВЕ ... OTI CCOS OOT NATION eep ried Twinkie The General Services Administration is the eRm agency that is in charge of eliminating government waste. Expenses included a $75,000 team building exercise, various $5,600 in-room parties, $31,000 networking receptions and assorted mysterious catering bills, such as a $7,000 sushi bill. CRACKED.COM http://www.gsaig ov/?LinkServID=90537F5B-FBF8-E39E-A4F0D09005742C28&showMeta=0

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