President Obama Gave Help to Consumers and Small Businesses

As part of his incredibly effective efforts to end the worst recession in modern history, caused by Republican excess, President Obama worked very hard to use that opportunity to strengthen consumer protections for everyone. If you have credit cards, home equity loans or you deal with a bank on a regular basis, your consumer life is better now than it was before President Obama took office.

President Obama and Democrats made credit cards better for consumers when they passed and he signed the Credit Card Accountability, Responsibility and Disclosure (CARD) Act, to reduce instances of unfair and deceptive credit card practices.

President Obama and Democrats guided the housing market all the way back from total collapse, which led to a rally for both housing starts and new home ownership.

President Obama proposed rules to enhance Fair Housing Laws and give HUD and other enforcement agencies more enforcement power.

Obama and the Democrats spent unprecedented amounts of money on technology, to move the country well into the 21st Century. This came after eight years of lagging behind the rest of the world.

The Obama Administration led the way in bringing the airline industry back to a level of profitability not seen since before the recession.

President Obama and Democrats put together an airline passenger bill of rights, which gave airline passengers more say in how they were treated. It meant the end of hours-long waits on the tarmac, among other types of excesses

President Obama blocked a monopolistic merger of Staples and Office Depot, to preserve at least some competition.

President Obama and Democrats promoted and signed a bill establishing the Consumer Financial Protection Bureau and the Obama Administration implemented it. (Note: the only thing Republicans did was to prevent Elizabeth Warren from taking charge of the bureau and Trump and Republicans have made noise about killing it.)

President Obama and Democrats initiated a $15 billion plan designed to encourage increased lending to small businesses.

They also set up, which is a website that allowed for online collaboration between small businesses and experts re managing a business. (The program has since merged with

Through the FCC, President Obama established the Open Internet Order, which established new neutrality as a standard for the future.

President Obama and Democrats took major steps to improve minority access to capital.

President Obama and Democrats took steps to expand SNAP (Food Stamps), so that more people could qualify.

President Obama actually used recovered TARP money to fund programs at local housing finance agencies in California, Florida, Nevada, Arizona and Michigan.

President Obama crafted and signed an executive order to establish the President’s Advisory Council on Financial Capability to assist with the expansion of financial education for all Americans.

President Obama and Democrats oversaw the most sweeping food safety legislation since the Great Depression.

Through the Fraud Enforcement and Recovery Act, President Obama extended the False Claims Act to combat fraud by companies and individuals using money from TARP and Stimulus programs.

After several states legalized marijuana, instead of punishing those states, President Obama acknowledged their right as a state to do so and set up rules for banks in handling legal marijuana money. Compare this to the constant threats by the current regime to punish states who decide to legalize marijuana.

The Obama Administration created tax write-offs for purchases of hybrid and electric vehicles.

Raised large amounts of money through an increase in the 8-cents-per-barrel oil tax by one cent.

President Obama added more layers of protections to consumer financial transactions to reduce identity theft.

President Obama took steps to prevent pirate fishing and protect fish populations, and ordered stricter labeling requirements on labeling of seafood products in stores.

President Obama signed the FAST Act, to encourage more people to open small businesses and help improve the economy.

President Obama crafted and signed an Executive Order to strengthen cooperation with regard to global entrepreneurship.

President Obama signed a law to allow “ordinary investors” to help a company use crowdfunding to finance a startup.

The Obama Administration blocked a merger of several health insurers to ensure healthy competition in the health insurance business.

President Obama signed a law designed to enhance and strengthen American economic competitiveness in global markets.

President Obama prevented the the elimination of “floating homes” In the Tennessee Valley Authority.

President Obama signed a bill that allows low-volume vehicle manufacturers that will increase entrepreneurship among small car manufacturers, who often build replicas of classics but who often build green vehicles.

The Obama Administration established new offices at the Securities and Exchange Commission (SEC) that are expressly intended to reduce unnecessary regulations and to spur greater development of small businesses.

President Obama signed a law that effectively banned the used of automated “ticket-bots”

President Obama signed a law that provides online reviewers and consumers greater protection when they post online.

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