The biggest waste of money that I can see is the War on Drugs. So far, between federal and state spending
Las vegas – Also known as the world’s gambling capital.
A minority of people in the casino are the epitome of depression and desperation, they are not there to have fun, they are not there to enjoy their friday night with friends playing 10$ blackjack hands.
They are there to gamble away their life savings, house, car, and loans they just took to chase the delusion of the life-changing jackpot which, for most, never comes.
Archie Karas was similar, although playing much higher stakes than your average addict
In 1992 he ventured to Las Vegas, with nothing but $50 and a dream. After borrowing $10,000, he turned the borrowed amount into 40-MILLION-DOLLARS.
He then lost it all, he did not invest, he did not give money to his family. He gave it all back to the casino.
Whats the moral of this story?
House always wins – DO NOT GAMBLE, YOU WILL LOSE!
Bittueditx