Reply #48: Found list of 500 campaign promises: more broken/stalled/delayed than kept

[Divernan]

http://politifact.com/truth-o-meter/promises/obameter /

Here's some biggies:

Promise #15. Create a foreclosure prevention fund for homeowners. PROMISE BROKEN

"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."

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."
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No. 446: Enact windfall profits tax for oil companies PROMISE BROKEN

The Promise: "Will require oil companies to take a reasonable share of their record-breaking windfall profits and use it to provide direct relief worth $500 for an individual and $1,000 for a married couple. The relief would be delivered as quickly as possible to help families cope with the rising price of gasoline, food and other necessities. The rebates would be fully paid for with five years of a windfall profits tax on record oil company profits."

Update March 16th, 2011:Three budget plans, no proposals for windfall profits tax, PROMISE BROKEN
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No. 45: Forbid companies in bankruptcy from giving executives bonuses

The Promise: "Protect the jobs and benefits of workers and retirees when corporations file for bankruptcy by telling companies that they cannot issue bonuses for executives during bankruptcy while their workers watch their pensions disappear."

Update January 25th, 2011:
No sign of action on promise about executive bonuses PROMISE BROKEN
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Original Message
I've seen the 134 list and pssssst.........
Posted by Little Star