Missile Defense Boondoggle

Remind me again: which terrorist organizations have ballistic missiles?

Oh yeah; none of them.

"I think those who oppose this ballistic missile system don't understand the threats of the 21st century," the president told applauding workers at defense contractor Boeing Co. in Pennsylvania, a crucial state in President Bush's bid for re-election. "We say to those tyrants who believe they can blackmail America and the free world: 'You fire, we're going to shoot it down,'" President Bush said.
WSJ (subscription).

But really, what else could we do with that money? Ensure the security of ex-Soviet nuclear stockpiles and materials? Secure our ports? Make airports safer? Add security to train and subway systems? Ensure first responders can all talk on the same radio frequencies?