I really want to set my boss up to fail in a spectacular way.
Oh, boy. Why do you want him to fail?
I want to teach him a lesson. He is pretty terrible
You shouldn't set your boss up to fail, because others will see that. Then you will get fired from your job.
Why? I should be praised for taking action against a terrible boss.
They might see that he's a terrible boss, but they will also see that you're manipulative and wonder what you'd do to them if they cross you. You should build trust with your coworkers by coming up with a better way to deal with your boss.