Obama’s Promises and Perils Posted on April 21, 2009April 21, 2009 by Your Financial FactSheet Jamaica Observer: “Obama’s promises and perils” The highly anticipated regional Summit of the Americas has just concluded with the usual pomp and pageantry and with heaps of flashing camera and television lights. Jamaica Observer: “Beyond the budget figures” In tabling the estimates of expenditure for the fiscal year 2009 – 2010, the government has revealed its intention to spend $72.58 billion on the formal education system.