Stuck on stupid

Apparently, Speaker of the House Nancy Pelosi has assigned Barney Frank to head the committee shepherding a financial reform bill. For those who don't remember, Congressman Frank is the guy who, while carrying on an affair with a Fannie Mae executive, not only refused to recuse himself from deliberations about Fannie Mae, but also claimed (wrongly) that there was nothing on the books of Fannie Mae that could blow up in the government's face.

Except for the bad investments which have already cost tens of billions of dollars in government bailouts already, with more to come. It may be possible that Mrs. Pelosi could have chosen a more incompetent person than Frank to head this committee, but she would certainly have to work hard to find one.