1.To bring back the jobs lost in 2007 and 2008. In 2009 the nations unemployment went from 7% in 2008 to 10%( in some areas 17% ). Obama’s administration bailed out the auto industry, banking industry, saved the union workforce and even helped the unions get ownership in the companies by forcing the creditors to lose their financial investments in the companies.
The Obama administration has increased the size of government by 10%, added more union jobs and commissions. Government unemployment stands at 3% and government employees and Congress did get a raise. in 2009 while the deficit increased.
2.To fix the economic problems by passing the $787 billion Tarp bill (Congress passed the bill without reading or debating the bill as required by constitutional rules.), promised that unemployment would not exceed 8% and shovel ready jobs were available to jump start the economy.
As of today approximately 60% of Tarp has not been spent and unemployment remains at 10%. Recently the CBO projected Tarp will need $85 billion more added to the $787 billion bill. One should note that all of the above is borrowed money adding to the nations skyrocketing debt.
3.To have fiscal responsibility and control spending, Barak Obama promised to go line for line and strike out pork in the Tarp bill. The President signed the Tarp bill without cutting any pork out of the bill.
On wed.1/27/10 in the state of the union speech Obama stated he would put a freeze on spending. Congress on 1/29/10 passed legislation to raise the national debt by another $1.9 billion, the second increase in 60 days, raising the debt ceiling to$14.5 trillion.
4.To rid Washington of lobbyist and special interest groups. Presently in his administration Barak Obama has at least 30 lobbyist, some appointments are know as czars. Obama has been meeting with union officials ( special interest )at the white house on a regular basis.
5.To surround himself with experienced and capable people, like tax cheaters, Marxist, communist and socialist. known as czars. These employees were not background investigated as required by the FBI. The question remains as to why the procedure was exempted. .
6.To have an open transparent government and to allow C-Span to televise the debates and Congressional meetings. Folks it didn’t happen, C-Span was denied access (that is called censorship.)
The President and the Democrats met behind closed doors denying the minority party’s participation in the negotiations. By the way the minority party was elected by the people to represent the people. Essentially the people were locked out and ignored.
7 To close Gitmo last year. The President sent some prisoners to Bermuda, a terrific propaganda move. More could be said but for now a continuing story to be told. Gitmo is still open.
8.To end the Iraq and Afghanistan wars, the President and his advisers are talking in the whitehouse. To be continued .
9.To give 95% of the people a tax break and not to tax anyone below $250,000, by the way according to some officials the ceiling has dropped down to $100,000 with a possibility to $85,000 due to lack of money coming into the US Treasury.
Check this out, President Obama and Congress will tax the rich. If 2 or 3% are the rich and they pay 50% of federal taxes, according to Obama 50% of the nation don’t pay federal taxes, I wonder who will be paying the taxes. ( the middle class )?FUZZY MATH?
10.To not allow no bid contracts in his administration. A major news source reported that Obama approved a $25 million no bid contract to a donor of his campaign. The contract recently was cancelled after being exposed by the media..
11. To reduce the deficit by 50% in his first term. The fact is that the Obama administration has triple the deficit in his first year in office. The proposed budget for 2011($3.85 trillion )given to Congress will be the largest ever in our history if passed by Congress.
