As this caucus was administered and paid for by the Iowa Democratic Party, a private corporation, this is not a classical example of government waste and corruption, unless you're making the subsidiary argument that government shouldn't farm out or privatize essential functions like elections, which I would agree with.

> Its a classical example of government waste and corruption.

I agree on the corruption part, but elected governments had very little to do with this. To me that’s a double edged sword - the caucus process could be an independent expression of the will of the people (in theory anyway) but it also isn’t subject to proper scrutiny nor required to be a transparent process.