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He has told many lies. He has broken many promises while keeping only a few that many view as miniscule at best.
Create a foreclosure prevention fund for homeowners
Create a $10 billion fund to help homeowners refinance or sell their homes. "The Fund will not help speculators, people who bought vacation homes or people who falsely represented their incomes."
...
When it comes to President Barack Obama's promise to create a foreclosure prevention fund, he's kept to the letter of law, but his administration has completely failed to meet its spirit. For that, we're moving this our rating to Promise Broken.
Let us explain.
Back during the campaign, Obama said he would create a $10 billion fund to help homeowners facing foreclosure. "Too many families are unable to refinance because no one will lend to them, and they are unable to sell their homes because the housing market has fallen," reads as statement of policy from Obama's 2008 campaign. "As president, Obama will fight to ensure more Americans can achieve and protect the dream of home ownership." We named it one of our top promises, among the most significant campaign pledges Obama made.
...
As of January 2011, the program had given permanent loan modifications to only about 500,000 homeowners.
Originally posted by beezzer
Originally posted by RealSpoke
reply to post by beezzer
So get rid of one fascist to get another?
There is no redemption in 2012
Then vote 3rd party, write in a candidate! The system is flawed, but if we do nothing then those SOB's in DC win!
Originally posted by hawkiye
Originally posted by beezzer
Originally posted by RealSpoke
reply to post by beezzer
So get rid of one fascist to get another?
There is no redemption in 2012
Then vote 3rd party, write in a candidate! The system is flawed, but if we do nothing then those SOB's in DC win!
Why vote at all when they do not count? It only gives credence to a fraudulent system as if it makes some sort of difference. Most people do not even realize there is no popular vote for president at all... Yet they participate in this fraud every cycle thinking they are voting for a president. Its a joke!
edit on 4-3-2012 by hawkiye because: (no reason given)
Originally posted by jdb51
Oh come on....You are trying to blame all of this on Obama? With the sitting Congress, they can't decide on whether to cross the street! He is thwarted at every turn, and whenever he isn't, he caves...
But the world we live in today is NOT all Obama's fault!
www.politifact.com...
Create a foreclosure prevention fund for homeowners
Create a $10 billion fund to help homeowners refinance or sell their homes. "The Fund will not help speculators, people who bought vacation homes or people who falsely represented their incomes."
...
When it comes to President Barack Obama's promise to create a foreclosure prevention fund, he's kept to the letter of law, but his administration has completely failed to meet its spirit. For that, we're moving this our rating to Promise Broken.
Let us explain.
Back during the campaign, Obama said he would create a $10 billion fund to help homeowners facing foreclosure. "Too many families are unable to refinance because no one will lend to them, and they are unable to sell their homes because the housing market has fallen," reads as statement of policy from Obama's 2008 campaign. "As president, Obama will fight to ensure more Americans can achieve and protect the dream of home ownership." We named it one of our top promises, among the most significant campaign pledges Obama made.
...
As of January 2011, the program had given permanent loan modifications to only about 500,000 homeowners.
So they rate it a failure because he "ONLY" helped half a million home owners
"With millions of homeowners still struggling to stay in their homes, the Obama administration"s $75 billion foreclosure prevention program has been weakened, perhaps fatally, by lax oversight and a posture of cooperation—rather than enforcement—with the nation's biggest banks," ProPublica reported. "Those banks, Bank of America, Wells Fargo, JPMorgan Chase, and Citibank, service the majority of mortgages."
As we were considering whether to change the rating on this promise, the special inspector general for the Troubled Asset Relief Program, Neil M. Barofsky, penned a damning op-ed in the New York Times, calling the housing program "a colossal failure," blaming a lack of enforcement on the part of the U.S. Treasury Department.
"Treasury Secretary Timothy Geithner has acknowledged that the program ‘won't come close' to fulfilling its original expectations, that its incentives are not ‘powerful enough' and that the mortgage servicers are ‘still doing a terribly inadequate job,;" Barofsky wrote. "But Treasury officials refuse to address these shortfalls. Instead they continue to stubbornly maintain that the program is a success and needs no material change, effectively assuring that Treasury's most specific Main Street promise will not be honored."
The evidence has been mounting for some time that the foreclosure prevention fund has fallen far short of its goals. If it ever rights itself, we'd certainly be willing to reconsider our rating. But today, it hasn't helped many homeowners faced with losing their houses. We conclude it's a Promise Broken.
when the Home Affordable Modification Program was announced with the promise to help up to four million families with mortgage modifications.
That program has been a colossal failure, with far fewer permanent modifications (540,000) than modifications that have failed and been canceled (over 800,000). This is the well-chronicled result of the rush to get the program started, major program design flaws like the failure to remedy mortgage servicers’ favoring of foreclosure over permanent modifications, and a refusal to hold those abysmally performing mortgage servicers accountable for their disregard of program guidelines. As the program flounders, foreclosures continue to mount, with 8 million to 13 million filings forecast over the program’s lifetime.
Where the Bailout Went Wrong (NYTimes opinion)
Other broken promises...like closing Guantanamo Bay....it is only broken because Republicans blocking it. Republicans created fear around this issue, telling communities where the prisoners were going to be transfered to that they would be the number one target for the next terrorists attack. Republicans were the terrorists in this case...the definition of a terrorists is one who spreads terror...that was Republicans on this issue.
There are more links in the opinion.
On March 7, 2011, President Barack Obama signed an executive order making a number of changes to policies regarding those detained at Guantanamo Bay, Cuba. In a reversal of his previous policy, the order resumes military trials for Gitmo detainees. It also establishes a "periodic review" process for for long-held Guantanamo detainees who have not been charged, convicted or designated for transfer, "but must continue to be detained because they 'in effect, remain at war with the United States,'" according to a White House fact-sheet.
The new policy was viewed by many media outlets as an acknowledgment by the administration that it could not keep Obama's campaign promise to close the Guantanamo facility.
Originally posted by AwakeinNM
Originally posted by jdb51
Oh come on....You are trying to blame all of this on Obama? With the sitting Congress, they can't decide on whether to cross the street! He is thwarted at every turn, and whenever he isn't, he caves...
But the world we live in today is NOT all Obama's fault!
Another waterboy for Obama trying to blame Bush. How long has Obama had to CHANGE things? What has he actually done to make things better in this country? Nothing. He has made them worse. On his own. Without the help of any Republicans. He has had plenty of time to forge his own legacy and that is the only thing he has succeeded at - his legacy is that he is inept and a total failure.
So stop with the excuses. Obama can't even make any, so why would you do it for him?
But you wanted to see some promises he has kept that people are happy about....here you go.
Begin removing combat brigades from Iraq
End the use of torture
Reform mandatory minimum sentences
Strengthen antitrust enforcement
Create new financial regulations
Originally posted by jdb51
Originally posted by AwakeinNM
Originally posted by jdb51
Oh come on....You are trying to blame all of this on Obama? With the sitting Congress, they can't decide on whether to cross the street! He is thwarted at every turn, and whenever he isn't, he caves...
But the world we live in today is NOT all Obama's fault!
Another waterboy for Obama trying to blame Bush. How long has Obama had to CHANGE things? What has he actually done to make things better in this country? Nothing. He has made them worse. On his own. Without the help of any Republicans. He has had plenty of time to forge his own legacy and that is the only thing he has succeeded at - his legacy is that he is inept and a total failure.
So stop with the excuses. Obama can't even make any, so why would you do it for him?
Give me a break!!! You watch Faux news, don't you? In what way have the Republicans NOT hindered ANYthing Obama tried to do! Bush's Republican party destroyed this country, he and his cronies, and you expect 1 man, Barack Obama personally, to work his magic and fix it? I'm no waterboy, but I call it like I see it. I am no fan of Obama, but he is powerless to do anything. It's how it's set up in Washington. It's all smoke and mirrors, folks. Who cares who wins this election? They are all the same. The election for dog catcher in Anytown, USA is more important that who gets elected president. They are marionettes being controlled by a much higher power, standing in the shadows behind the curtains. Change the channel!
Originally posted by jdb51
reply to post by AwakeinNM
Who is propping up Obama? I have already stated that I am not a fan. Why so angry? No wonder we are in such turmoil in the world. I just like to be fair...not argumentative. There's far too much of that going around. Glad you're so "informed" and enlightened. Good luck to you. I will not rise to the bait. "People like me" are entitled to our opinions, at least for now...edit on 4-3-2012 by jdb51 because: decided my wording was "harsh"edit on 4-3-2012 by jdb51 because: (no reason given)
Give me a break!!! You watch Faux news, don't you? In what way have the Republicans NOT hindered ANYthing Obama tried to do! Bush's Republican party destroyed this country, he and his cronies, and you expect 1 man, Barack Obama personally, to work his magic and fix it?
Originally posted by jdb51
We'll both live to argue another day, I am sure. You are entitled to your side of the argument, as am I. Sometimes, it's better to agree to disagree, rather than resort to personal attacks. I'm as tired of the current situation as you. I just have a different take on it, that's all. I just can't go around blaming one lone man for the state of the economy, wars, the job market, etc. We are all going through this together, with our own individual problems. I am certainly not on here to make enemies, only to be able to express my opinion, same as you. After a while, all this back-and-forth just gets redundant.edit on 5-3-2012 by jdb51 because: (no reason given)edit on 5-3-2012 by jdb51 because: fleshed it out