Several weeks ago, determined Senate Republicans united with conscientious Democrats to defeat President Obama’s nomination of Berkeley Law School professor Goodwin Liu to the 9th U.S. Circuit Court of Appeals. As the first Obama judicial nominee to be defeated, the Liu confirmation battle could prove to be the high-water mark of Obama’s campaign to put radical left-wing activists in charge of as many federal courts, departments and agencies as possible. Liu failed because senators examined the professor’s writing and concluded that he would use the legal system whenever possible to expand federal authority into every nook and cranny of American life. Enough senators were sufficiently disturbed by the prospect that Liu fell eight votes short of the 60 required for confirmation. Now comes John Bryson, chairman, president and CEO of BrightSource Inc. and Obama’s pick to head the U.S. Department of Commerce. Despite White House efforts to portray Bryson as an innovative, creative business executive, he is actually, as The Washington Examiner’s Tim Carney made clear in yesterday’s edition, another in the long list of crony capitalists who share Obama’s belief that government should pick winners and losers in the economy. Success in the Obama-Bryson world doesn’t come from profitably providing needed goods and services to consumers at affordable prices. Rather, crony capitalists make it by cultivating the right political connections and manipulating government regulations to guarantee profits and limit competition.
Bryson’s career has been built on government subsidies and political connections. He headed California’s Public Utilities Commission, then moved to Edison International, which owned Southern California Edison. These were classic moves by a regulator into cushy positions in the very industries he previously regulated. At every step along the way in the decades since, Bryson has, in the Wall Street Journal’s words, shown himself to be “someone with a talent for scoring government subsidies.” Bryson’s latest subsidy is a $1.6 billion loan guarantee from the Department of Energy for BrightSource’s Ivanpah solar energy project in the Mojave Desert. Only federal bureaucrats would invest billions of tax dollars in an enterprise whose Securities and Exchange Commission filing concedes that it has “generated substantial net losses and negative operating cash flows since our inception and expect[s] to continue to do so for the foreseeable future.”
