Campaign Promises

Other/Miscellaneous -> Independent Organizations -> FTC


ItemIndependent Organizations
FTCGrade
IO-44
The Promise: "I'll institute a five-star rating system to inform consumers about the level of risk involved in every credit card."
When/Where: Obama Campaign Speech, Raleigh, NC dated 06/09/08.
Source: http://www.nytimes.com/2008/06/09/us/politics/09transcript-obama.html?pagewanted=1&_r=1
Status:On 04/30/09, the House voted in favor of the Credit Card Accountability Responsibility and Disclosure Act of 2009. Also known as the Credit Card Act of 2009, the Senate passed it on 05/19/09. President Obama signed it into law on 05/22/09.

The major reforms introduced by this new law: bans unfair rate increases, prevents unfair fee traps, plain sight/plain language disclosures, accountability, and protections for students and young people.

While the above were all positive steps with regard to consumer credit card protections, there was no "five-star rating system" established by this legislation as promised.

This promise has not been fulfilled.
0.00
IO-45
The Promise: "In addition to being able to easily understand how risky a given credit card is, every American should have a uniform set of rights while dealing with credit card companies, no matter their financial status or credit history. To protect those rights, Barack Obama will require the Federal Trade Commission to analyze credit card company compliance with these basic rights, and provide the Department of Justice with the full authority to investigate and penalize non-compliant companies."
When/Where: Obama's Economic Agenda: "Keeping America's Promise," dated 01/29/08.
Source: http://obama.3cdn.net/8f478c5e1bb07ca0b1_sh1umv2zy.pdf
Status:After an initial 04/23/09 meeting with credit card company leaders and passage of legislation for the promised Bill of Rights for credit card holders, Obama signed this bill on 05/22/09 in fulfillment of this promise.
1.00
IO-46
The Promise: "...will require that parents have the option of receiving parental controls software that not only blocks objectionable Internet content but also prevents children from revealing personal information through their home computer."
When/Where: Obama Plan: "Connecting and Empowering All Americans Through Technology and Innovation" dated 11/13/07.
Source: http://lessig.org/blog/Fact%20Sheet%20Innovation%20and%20Technology%20Plan%20FINAL.pdf
Status:Enforced by the Federal Trade Commission (FTC), the Children's Online Privacy Protection Act (COPPA) that became effective on 04/21/00 gives parents control over what information websites can collect from their children. Any website for children under 13, or any general site that collects personal information from children it knows are under 13, is required to comply with COPPA.

Under COPPA, sites have to get a parent's permission if they want to collect or share a child's personal information such as full name, address, email address, or cell phone number.

Quite a few software packages are available to help parents control a child's Internet experience and protect the child in the process. These range from the free "K9 Web Protection" by BlueCoat, to paid applications such as Internet Child Protection, NetNanny, CyberSitter, SafeEyes, Puresight PC, CyberPatrol, McAfee Family Protection, FilterPak, imView, and others.

As of early-CY2013, there is no record that President Obama has taken steps to "require" that parents have the option of receiving parental control software.

This promise has not been fulfilled.
0.00