But it pays one of Bush's cronies a load of money

So everything is fine. (my bold):

In the Clinton administration, Philip E. Coyle was in charge of weapons testing and evaluation. SPIEGEL spoke with the 72-year-old about Bush's planned missile defense system, why Russia feels threatened and how shooting down missiles is like playing golf.

...SPIEGEL: During Bill Clinton's presidency you were responsible for evaluating the technical feasibility of the project. Why did the President decide against it?

Coyle: He decided not to deploy the system because it could not do what it promised. One of President Clinton's criteria was to be able to shoot down an accidental launch of a nuclear missile from Russia or China rather than immediately starting World War III. In those days, we were not so worried about Iran and North Korea. The Bush Administration has not really set any criteria as to what the missile defense system actually has to be capable of doing.

SPIEGEL: But why does the US spend so much money for a system which, as you say, does not work?

Coyle: That is a good question. If you add it all up, the administration since 2002 has spent over $10 billion annually. The Pentagon has never before tried to build such a difficult system -- it is much more complex than any ship or aircraft. I support the research, but I am against deploying defense systems that do not work under realistic operational conditions.

SPIEGEL: Russia is sharply critical of the missile defense plans and feels threatened. Justifiably?

Coyle: If Russia were installing missile defense systems in Canada or Cuba, we would react pretty much the same way. We are surrounding them and getting closer to their territorial boundaries.

Putin is pissed off at the missile defense system, Merkel tells Bush to talk to allies. And to illustrate where the mindset of the Bush administration is, Condi Rice refers to the Russians as the Soviets while trying to reassure Putin of our intentions. Good job, Condi!!