Ethanol?

ETHANOL?...Sheesh. James Fallows runs a contest to name "the stupidest manifestation of bipartisan public policy in the last 50 years" and not a single person even mentions the Tonkin Gulf resolution? Are ethanol subsidies really that bad?

UPDATE: Ah, I see. In comments, Gaucho points out that Fallows had earlier declared that Tonkin Gulf "doesn't count." His reasoning seems mighty suspect to me, but rules are rules.