This is where you end up when you forsake serious governance in favor of all politics all of the time.

Rep. Maxine Waters will serve as the top Democrat on the House Financial Services Committee, despite a past ethics investigation and a history of questionable fundraising.

I never thought I would miss Barney Frank, the congressperson she is replacing. Megan McArdle pretty much says all that’s necessary. In case you’ve forgotten or missed the first time around, do watch the YouTube video that she includes in her post. If it causes too much angst just channel this.