I just read an article where the caption read...
"White House economist Austan Goolsbee (left), here with House Financial Services Chairman Barney Frank, uses a taco metaphor when he explains derivatives."
In otherwords... Barney Frank doesn't know jack about the economy. Maybe we could still use seniority to decide which parties get chairmenships... but just have the house leaders hand them out according to ability and "Draft" based on whether republicans democrats or independents hold seniority. If democrats have the oldest guy... they get first pick, second oldest 2nd pick, republican has 3rd oldest they get 3rd pick... etc.
I don't think it's too much to ask that the head of the freaking committee has some knowledge in what he is running.