When we last provided an update of Barack Obama's pledge to "keep the promise of Social Security, strengthen it, (and not) turn it over to Wall Street," we noted that it was an unusual promise because it was a pledge to protect the status quo. Our dilemma: determining exactly when to declare it a Promise Kept.

Now, with time running out on Obama's tenure in the White House, it has become clear that there will not be any privatization of Social Security -- either partially or fully -- on his watch.

As we noted previously, ever since President George W. Bush tried and failed to create personal investment accounts under Social Security in 2005, Congress hasn't moved seriously to create private accounts.

That pattern has continued to hold.

"There were no serious attempts in Congress during the Obama administration to privatize Social Security, even though such plans were included in Paul Ryan's Roadmap for America's Future in 2010," said Walter Gottlieb, a spokesman for the National Committee to Preserve Social Security and Medicare.

Despite the lack of high-profile efforts to add aspects of privatization to Social Security, Gottlieb lauded the administration for remaining vigilant on the issue. "The Obama administration unwaveringly opposed privatization throughout the president's time in office," he said.

For the purposes of the Obameter, it is finally time to declare this a Promise Kept.