Nudging Obama

Formerly "Obama Watch" Keeping the promise of change

Promise Broken rulings on the Obameter

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Promise Broken

No. 24: End income tax for seniors making less than $50,000

“Will eliminate all income taxation of seniors making less than $50,000 per year. This will eliminate taxes for 7 million seniors — saving them an average of $1,400 a year– and will also mean that 27 million seniors will not need to file an income tax return at all.”

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Promise Broken

No. 234: Allow five days of public comment before signing bills

To reduce bills rushed through Congress and to the president before the public has the opportunity to review them, Obama “will not sign any non-emergency bill without giving the American public an opportunity to review and comment on the White House website for five days.”

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Promise Broken

No. 240: Tougher rules against revolving door for lobbyists and former officials

“No political appointees in an Obama-Biden administration will be permitted to work on regulations or contracts directly and substantially related to their prior employer for two years. And no political appointee will be able to lobby the executive branch after leaving government service during the remainder of the administration.”

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Promise Broken

No. 505: Create a $3,000 tax credit for companies that add jobs

“During 2009 and 2010, existing businesses will receive a $3,000 refundable tax credit for each additional full-time employee hired.”

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Promise Broken

No. 508: Allow penalty-free hardship withdrawals from retirement accounts in 2008 and 2009

“Obama and Biden are calling for legislation that would allow withdrawals of 15% up to $10,000 from retirement accounts without penalty (although subject to the normal taxes). This would apply to withdrawals in 2008 (including retroactively) and 2009.”

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Promise Broken

No. 511: Recognize the Armenian genocide

“Two years ago, I criticized the Secretary of State for the firing of U.S. Ambassador to Armenia, John Evans, after he properly used the term ‘genocide’ to describe Turkey’s slaughter of thousands of Armenians starting in 1915. … as President I will recognize the Armenian Genocide.”

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Written by bearmarketnews

April 17, 2009 at 12:37 am

Posted in Uncategorized

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