Bruce Schneier on the failure of the US-VISIT program:

take that $15B number. One thousand bad guys, most of them not very bad, caught through US-VISIT. That’s $15M per bad guy caught.

Nice. Back in 1953, the CIA changed the Iranian government (a democratic one, btw) spending less than $15M total (anybody have the actual number? It’s available in the de-classified docs somewhere). We seem to be good at spending as much money as possible these days.