Comment | The President Barack Obama Tuesday appointed John Bryson, former Chief of Edison International, his replacement to Commerce Secretary Gary Locke outgoing. According to NPR, long résumé of Bryson has a law degree from Yale, founder of his own environmental group positions at Boeing and Disney and the head of the Public Utilities Commission and the California State water resources Control Board. If the appointment met with praise from a rare combination of environmental and business groups, several Republicans have promised to block the nomination on unrelated trade issues.
One thing is certain: no one is calling unqualified Bryson. 44 Republicans who oppose the nomination do Obama pressure in signing already promised trade agreements opened with the Colombia, Panama and South Korea. While the issue of trade agreement may look like typical tit-for-tat, you-get-the-appointment-if-we-get-the-trade-agreement, there are a few Republican votes that oppose environmental record of Bryson, according to Fox News.
Bryson is "green evangelist", explains the California Darrell Issa representative, while Oklahoma Senator James Inhofe calls Bryson "radical founder of an environmental organization." These objections are not surprising from a party where some 67 percent believe the effects of global warming are exaggerated in the media, according to a March Gallup poll.
Appointment of Bryson resembles more of his compatriot William Daley of Obama Chief of staff, Member of the Board of Boeing. Daley and Bryson take the kind of business serious cred that drew praise from the American Chamber of Commerce and various other heavy weight in manufacturing and banking company. Other appointments Obama pro-business include Gene Sperling as Director of the National Council of the economic (NEC) and GE CEO Jeffrey Immelt, head of the Council of the President on the employment and competitiveness.
Balanced position from the Obama regulation annoys those of both sides of the issue. Many left think that Obama has squandered his political capital by failing to call major banks to the task in the financial crisis. The right to decry the Obama policies, regulatory and otherwise, as business strangling and torpedoing the creation of jobs.
Obama claims to support free-market policy, but with a warning: namely that a "market never should be a free license to take whatever you can get," according to the street. The path of the Obama is one of moderation, as indicated by his appeal in January for a review and a revision of the United States regulations that stifle business without the benefit of consumers. The situation, he said, is ironic. The left sees as being in the pocket of big business, while the right calls it a Socialist and Marxist.
Company Obama defies an easy summary. For those in the camp of Ludwig von Mises, there is no middle ground between a free market and Marxism. Critics of free market pointed out that a true free market has never existed and therefore is a fantasy. Early companies considered as examples of free markets, such as medieval Europe and the Greek cities, were in reality plutocracies where the market was led by money and power instead of the regulation.
The reality is that the regulation is not a black or white, free market or Marxist sort of the thing. The regulation is a continuum ranging from the most at least, ideally balance between what is good for business with what is good for consumers. President Obama knows, and it is ready to fight for the rest, even if that means taking hits from both sides.
Appointment of Bryson is a perfect example of this balance. Bryson encourages the deregulation but Cap and champions exchange agreements. He advocates green and renewable energy, but is willing to use these agreements CAP and trade, even if it hurts big oil.
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