Pelosi wins another term as House Minority Leader

Nancy Pelosi has won another term as House Minority Leader. CBD writes at Ace of Spades,

She is a San Francisco millionaire whose husband is a rent-seeking businessman. She is completely out of touch with the electorate, but has remained in power because she is completely in touch with inside-the-beltway money and influence. If Trump's victory taught them nothing else, it should have taught them that after many years of status quo leading to our current mess, voters sort of like change, even when that change is Trump.

Read more here.