Rich Lowry, on the insanity of our ethanol policy:

Prior to the Civil War, southerners genuflected before King Cotton. Now, we live in an era of King Corn. It is our most heavily subsidized crop.

We will plant 90 million acres of it this year, up 15 percent from last year. Still, the price of a bushel of corn jumped from $2 to $3 in the past year, thanks to the demand for more ethanol. This is increasing the price of corn-based foods