Quote from jem:
this is a bit of a joke right.
1. an audit... wow that must really scare govt workers... I 'll bet they went out and canceled their lavish conventions..
2. CPO? He did a good job limiting govt growth to 6 trillion in debt.
3. As he jacked up everybody else's salaries in govt... within a few days of being sworn in and spent almost a trillion repaying cronies.
4. A a new salaried CIO to cut spending? how about a 10% budget and salary cut...
5. pass...
6. As he was wasting a trillion in stimulus, jacking govt salaries and spending 6 trillion.
Let hope he does not have a chance to double down on this record.
He Improved the Economy, Preventing a Bush Depression
7. Pushed through and signed the Democratic-sponsored American Recovery and Reinvestment Act, otherwise known as âthe stimulus package.â The bill passed, even though only three Republicans voted for it. In a major departure from the previous administration, he launched recovery.gov, a website that allows taxpayers to track spending from the Act.
http://1.usa.gov/ibiFSs http://1.usa.gov/e3BJMk
8. The Bush-led Great Recession was costing the economy nearly 800,000 jobs per month by the time President Obama took office. But by the end of his first year, the American Recovery and Reinvestment Act created and sustained 2.1 million jobs and stimulated the economyby 3.5%.
http://reut.rs/i46CEE
9. Not only did he completed the massive TARP financial and banking rescue plan, he also leaned on the banks and others, and recovered virtually all of the bail-out money.
http://1.usa.gov/eA5jVS http://bit.ly/eCNrD6
10. He created the Making Home Affordable home refinancing plan.
http://1.usa.gov/goy6zl
11. Oversaw the creation of more jobs in 2010 alone than Bush did in eight years.
http://bit.ly/hrrnjY
12. Along with Democrats, and almost no Republicans, implemented an auto industry rescue plan, and saved as many as 1 million jobs.
http://bit.ly/ibhpxr Many are of the opinion that he saved the entire auto industry, and even the economy of the entire Midwest.
http://bit.ly/gj7mt5 This resulted in GM returning to its place as the top car company in the world.
http://lat.ms/zIJuQx Willard Romney, on the other hand, advocated for the entire industry to go belly-up.
http://nyti.ms/k0zp
13. Doubled funding for the Manufacturing Extension Partnership, which is designed to improve manufacturing efficiency.
http://bit.ly/eYD4nf
14. Signed the Democratic-sponsored Fraud Enforcement and Recovery Act giving the federal government more tools to investigate and prosecute fraud in every corner of the financial system, and create a bipartisan Financial Crisis Inquiry Commission to investigate the financial fraud that led to the economic meltdown.
http://abcn.ws/g18Fe7
15. Signed the Democratic-sponsored Credit Card Accountability, Responsibility and Disclosure (CARD) Act, which was designed to to protect consumers from unfair and deceptive credit card practices.
http://1.usa.gov/gIaNcS
16. Increased infrastructure spending after years of neglect.
http://bit.ly/f77aOw
17. Signed the Democratic-sponsored and passed Helping Families Save Their Homes Act, expanding on the Making Home Affordable Program to help millions of Americans avoid preventable foreclosures. The bill also provided $2.2 billion to help combat homelessness, and to stabilize the housing market.
http://bit.ly/eEpLFn
18. Through the Worker, Homeownership, and Business Assistance Act of 2009, he and Congressional Democrats provided tax credits to first-time home buyers, which helped the U.S. housing market recovery.
http://bit.ly/dZgXXw http://bit.ly/gORYfL
19. Initiated a $15 billion plan designed to encourage increased lending to small businesses.
http://1.usa.gov/eu0u0b
20. Created business.gov, which allows for online collaboration between small businesses and experts re managing a business. (The program has since merged with SBA.gov.)
http://www.business.gov
21. Played a lead role in getting the G-20 Summit to commit to a $1.1 trillion deal to combat the global financial crisis.
http://nyti.ms/gHlgp5
22. Took steps to improve minority access to capital.
http://bit.ly/f9xVE7
23. Signed an Executive Order instructing federal agencies to review all federal regulations and remove any unnecessary and/or burdensome regulations from the books.
http://1.usa.gov/Lpo5bd
24. Through the American Recovery and Reinvestment Act, saved at least 300,000 education jobs, such as teachers, principals, librarians, and counselors that would have otherwise been lost.
http://1.usa.gov/ez30Dc
25. Dismantled the Minerals Management Service, thereby cutting ties between energy companies and the government.
http://nyti.ms/bw1MLu
26. Along with Congressional Democrats, provided funding to states and the Department of Homeland Security to save thousands of police and firefighter jobs from being cut during the recession.
http://bit.ly/g0IKWR
27. Used recovered TARP money to fund programs at local housing finance agencies in California, Florida, Nevada, Arizona and Michigan.
http://on.msnbc.com/i1i8eV
28. Crafted an Executive order establishing the Presidentâs Advisory Council on Financial Capability to assist in financial education for all Americans.
http://bit.ly/eyqsNE
.