Slate, on 08 October 2012 - 03:03 AM, said:
1. Passed Health Care Reform: After five presidents over a century failed to create universal health insurance, signed the Affordable Care Act (2010). It will cover 32 million uninsured Americans beginning in 2014 and mandates a suite of experimental measures to cut health care cost growth, the number one cause of America’s long-term fiscal problems.
2. Passed the Stimulus: Signed $787 billion American Recovery and Reinvestment Act in 2009 to spur economic growth amid greatest recession since the Great Depression. Weeks after stimulus went into effect, unemployment claims began to subside. Twelve months later, the private sector began producing more jobs than it was losing, and it has continued to do so for twenty-three straight months, creating a total of nearly 3.7 million new private-sector jobs.
3. Passed Wall Street Reform: Signed the Dodd-Frank Wall Street Reform and Consumer Protection Act (2010) to re-regulate the financial sector after its practices caused the Great Recession. The new law tightens capital requirements on large banks and other financial institutions, requires derivatives to be sold on clearinghouses and exchanges, mandates that large banks provide “living wills” to avoid chaotic bankruptcies, limits their ability to trade with customers’ money for their own profit, and creates the Consumer Financial Protection Bureau (now headed by Richard Cordray) to crack down on abusive lending products and companies.
4. Ended the War in Iraq: Ordered all U.S. military forces out of the country. Last troops left on December 18, 2011.
5. Began Drawdown of War in Afghanistan: From a peak of 101,000 troops in June 2011, U.S. forces are now down to 91,000, with 23,000 slated to leave by the end of summer 2012. According to Secretary of Defense Leon Panetta, the combat mission there will be over by next year.
6. Eliminated Osama bin laden: In 2011, ordered special forces raid of secret compound in Abbottabad, Pakistan, in which the terrorist leader was killed and a trove of al-Qaeda documents was discovered.
7. Turned Around U.S. Auto Industry: In 2009, injected $62 billion in federal money (on top of $13.4 billion in loans from the Bush administration) into ailing GM and Chrysler in return for equity stakes and agreements for massive restructuring. Since bottoming out in 2009, the auto industry has added more than 100,000 jobs. In 2011, the Big Three automakers all gained market share for the first time in two decades. The government expects to lose $16 billion of its investment, less if the price of the GM stock it still owns increases.
8. Recapitalized Banks: In the midst of financial crisis, approved controversial Treasury Department plan to lure private capital into the country’s largest banks via “stress tests” of their balance sheets and a public-private fund to buy their “toxic” assets. Got banks back on their feet at essentially zero cost to the government.
9. Repealed “Don’t Ask, Don’t Tell”: Ended 1990s-era restriction and formalized new policy allowing gays and lesbians to serve openly in the military for the first time.
10. Toppled Moammar Gaddafi: In March 2011, joined a coalition of European and Arab governments in military action, including air power and naval blockade, against Gaddafi regime to defend Libyan civilians and support rebel troops. Gaddafi’s forty-two-year rule ended when the dictator was overthrown and killed by rebels on October 20, 2011. No American lives were lost.
11. Told Mubarak to Go: On February 1, 2011, publicly called on Egyptian President Hosni Mubarak to accept reform or step down, thus weakening the dictator’s position and putting America on the right side of the Arab Spring. Mubarak ended thirty-year rule when overthrown on February 11.
Im just going to touch on the first eleven because I don’t have the time to sit here and laugh as I pour through this list… the only other two im going to even comment on besides these right now, are the shuttle program (thanks for setting us back a few more years Mr. President) and the F-22 Raptor… No, it has never actively engaged and fired upon a target… however… the Raptor has been used on the Iranian border and on Obama’s own protection detail while he was in NYC. I may come back to this after work today and go through all 50… but most of it seems to me that either he is taking credit for something he didn’t directly do, or is openly admitting to doing things that are aiding in taking this country to the ground. Just My Opinion…
1. Passed Health Care Reform: The CBO (Congressional Budget Office) states that the initial cost for “Obamacare” will be somewhere around $1.76 Trillion, compared to Obama’s stated claim of $940 Billion… either way, that’s a very large sum of money and it has to come from somewhere… and that’s just the first ten years, every year after 2021 its estimated to cost $250Billion a year.
“Not only have aggregate costs risen, but projected premiums for families have also gone up. Initially, health reforms were projected to save families over $2,500, but more recent studies by the CBO estimate such premiums costing more than $1,500 above what they otherwise would have.”
This will also delay the economic recovery for the same reasons listed above… oh… and you can call it a Tax or a Penalty, whatever you want… either way, the government has no right to tax or penalize me for not purchasing a product.
2. Passed the Stimulus: People seem to forget that this $787 Billion Dollars didn’t just materialize… So let’s see what the TAX PAYER MONEY went to. Let’s see… it didn’t create sustainable jobs… unemployment stayed above 8%... Shoveled millions into companies like Solyndra… who amazingly killed out a few months later…
3. Passed Wall Street Reform: I won’t argue with this. Still waiting on the true impact.
4. Ended the War in Iraq: This was done by the U.S. – Iraq Status of Forces Agreement… signed December 14, 2008 By G.W. Bush… It stated that all forces must withdraw from Major Iraqi cities by June 30, 2009 and then from Iraq as a whole by 12 31 2011
5. Began Drawdown of War in Afghanistan: *clap clap clap* Oh Wait… Obama signed the Long Term Partnership with Karzai that will keep the US in Afghanistan for atleast another 10 years… it was signed in Kabul on May 2
nd, 2012. The figure (when last talked about with the media) was at 25k troops commanded by a 3 star general. And I like how this list leaves out Libya, Yemen, Pakistan and Somolia… you know… for the bombs / drone strikes Obama has had going on there….
6. Eliminated Osama bin laden: No… Navy Seal Team 6 did that…
7. Turned Around U.S. Auto Industry: Again, This is American Tax Dollars, not money that just comes from the land of make believe. How much of Chryslers parts/electronics are made overseas?
8. Recapitalized Banks: This is not the government’s job.
9. Repealed “Don’t Ask, Don’t Tell”: Great….
10. Toppled Moammar Gaddafi: Might wanna check back in on that situation in Libya…. And if you believe the media… Obama had nothing to do with this… the rebels did it.
11. Told Mubarak to Go: Let’s not forget that Biden/Obama sang the praises of Mubarak in January…and showed their full support… It even went as far with Biden: “I would not refer to him as a dictator”. Only to do a total flip flop, even after several pleas came out of Israel… Don’t Forget who took over in Egypt… that will be vital in the coming years