OK, children, attend carefully.
1. The current argument between whether Obama promised to end earmarks or just reform earmarks is irrelevant. Let's face it, promising to end earmarks and lying about it would be preferable to saying you're going to reform the process. It's rather like saying you're going to reform spousal abuse. Why bother ending something bad when you can make it more streamlined.
2. The Senate just passed a 410 billion dollar bill. "President Obama has indicated that he will sign the legislation despite having misgivings about the earmarks."
3. Let's go with he said he was going to reform earmarks. Kids, if you're going to yell, "But that's what he said," you're not paying attention. It doesn't matter. He's not even doing that unless you count feeling really bad about something as reform.
Hence, feeling bad about something makes it OK. If you are planning on doing anything illegal, immoral, or fattening, go right ahead. Just make sure you feel really bad about it.
Our current political system is broken beyond repair. QED. There's a midterm election in less than two years. There's no excuse for incumbency.