I've seen several cases of bad PPC, but never as bad as what's illustrated in a post from Conversation Marketing post titled Buy A Wife At Target :

"….(Google AdWords has) a tool called dynamic keywords. It lets you place a variable in your ad, so that the search phrase entered shows up in the ad.

Unfortunately it's become a tool for lazy PPC marketers, leading to ads like this: 

 

And this:

 

I meant to post about about it earlier - but really, I see a lot of this kind of thing - when I'm searching on Google - and I wonder if they have any way to checking to see when AdWords is showing results like these - what are they doing about it?