The VAR calculations and predictions of default behavior at Citigroup turned out to be as useless for determining an adequate margin of capital as the 18-foot breakwater the Japanese built to protect Fukushima.

FORBES: Japan's Nuclear Crisis Looks A Lot Like Our Financial Crisis

In an era when conservatives and liberals often lambast bureaucrats as the prime example of inefficient and useless workers, it would be worth looking back at an era when a steady and predictable flow of funding allowed government leaders to do their job well, focusing on the long-term problems, not each short term political crisis.

CNN: Stopgap budgeting cripples government

But Iranian Foreign Ministry spokesman Ramin Mehmanparast called the IAEA vote "a theatrical move aimed at pressuring Iran" that would be "useless", state news agency Irna reported.

BBC: Iran rebuked over nuclear 'cover-up' by UN watchdog

It certainly must be socially useless to have so much lightning-fast yacking traveling at the speed of light.

FORBES: The Financial Transaction Tax Is Bad Business For Europe