A Senator booted out of office by the fickle electorate usually vanishes from the public eye like a golf ball driven into the rough. But the brassie of public displeasure had a different effect on Illinois' Scott Lucas, the former Democratic floor leader, and Pennsylvania's Francis Myers, the former Democratic whip. Last week they were right back in the capital again—this time as 1) lobbyists, and 2) critics of the Administration.
When they appeared as witnesses before the House Banking & Currency Committee last week, both lifted their hands in consternation at Regulation W, the section of the Defense Production...