In the pantheon of dumb Army Corps of Engineers boondoggles, a $112 million flood-control scheme in Missouri's southeast bootheel ranks among the dumbest. It would drain more wetlands than all American developers drained last year, and the Corps has admitted that the town it's supposed to protect will flood just as often (once every 10 years) if and when it's completed. The Corps also admitted that its original economic rationale depended on a math error. In private e-mails, even the agency's top lobbyist described it as "an economic dud with huge environmental consequences."Reining in the Corps of Engineers - TIME
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