Broken Promises

Barack Obama hasn’t wasted any time before starting to break the promises he made during the campaign. (The list of campaign promises has disappeared from his website.) This either means the man is a liar or he is extremely naive about how Washington really works.

Let’s take a look at his broken promises:

1. Sunlight Before Signing
   “When there is a bill that ends up on my desk as the president, you the public will have five days to look online and find out what’s in it before I sign it,” he said.
2. Capital gains tax elimination
   Just weeks prior to the election, Obama advisers Austan Goolsbee and Jason Furman told the Wall Street Journal that Obama planned tax cuts that included “the elimination of capital gains taxes for small businesses and start-ups.”
3. New American jobs tax credit
   During his transition, Obama’s promised to provide a $3,000 refundable tax credit to existing businesses for every additional full-time U.S. employee hired in 2009 and 2010. Obama’s promise was never included in the stimulus package.
4. Hiatus on 401(k) penalties
   In October 2008, Obama released his “Rescue Plan for the Middle-Class” in which he promised to allow financially distressed Americans to withdraw up to $10,000 from their 401(k) accounts and retirement savings without having to pay penalties. However, Obama’s promise was never included in his recent stimulus package.
5. ‘No jobs for lobbyists’
   It wasn’t long before he allowed at least two dozen exceptions and broke his promise.
6. Earmark reform
   U.S. News & World Report found at least eight earmarks in his stimulus bill. Obama also signed a $410 billion omnibus bill for 2009. More than 9,000 earmarks in the spending bill total an estimated $7.7 billion.

There are even more listed on the WND website.