I've been hearing this a lot and, since I don't want to spend the time writing some real posts, I'll post this bit of cranky fluff.
Did he close Gitmo? Um, no. Get the US out of Iraq? Only if you don't count "contractors." Pass the DREAM act? Um, no. Fix the banking system? Um... Well, he did pass a health care bill. And get unemployment extended again. And pass the beginning of DADT repeal. Which three things sound really impressive until one looks a little closer and realize that the first two of them were done by giving huge amounts of money to very wealthy businesses and individuals, and the third is financially neutral and seems to have mostly come from the Senate, anyway. See, you can get a health care bill through the Senate if you give the health insurance companies a mandate and weak regulation. And giving the very rich a huge tax cut and the ability to set up dynasties also gets the Senators of the very rich to vote with you. The problem with this approach is, sooner or later, and later is sooner, there's nothing left to give to the rich.
I wonder if Obama realizes. His supporters don't seem to.