Representative John Dingell (D-General Motors) has lost his chairmanship of the powerful Energy and Commerce Committee. The full Democratic caucus voted yesterday to strip the 82 year old holdover from the Eisenhower Administration days and replace him with Henry Waxman (D-Partisan Hack), a Watergate Baby first elected in that famous class of 54 Democrats who rode into Washington in 1975 as a result of a voter backlash against Nixon's crimes.With Waxman in charge they may have to rename the committee to the "Energy and Anti-Commerce" committee. There are few more liberal, more anti-business Congressmen in Washington. And now Waxman will ride herd on energy legislation as well as an attempted re-regulation of many, many industries.The Wall Street Journal puts Waxman's victory over the old New Dealer Dingell in perspective:That fissure neatly separates the Waxman Democrats from the old vanguard that Mr. Dingell represents. He was first elected in 1955 and has always tried to...(Read Full Post)