Obama said "no more handouts, no more bailouts" in his SOTU speech... are you saying we can't trust him?

He said we will not be bailing out Europe or Greece any more. You don't think he was telling the truth?

...............Fast Facts on the IMF
Membership: 187 countries
Headquarters: Washington, D.C.
Executive Board: 24 Directors representing countries or groups of countries
Staff: Approximately 2,470 from 141 countries
Total quotas: US$383 billion (as of 8/18/11)
Additional pledged or committed resources: US$600 billion
Loans committed (as of 8/18/11): US$282 billion, of which US$213 billion have not been drawn (see table)
Biggest borrowers (amount agreed as of 8/18/11): Greece, Portugal, Ireland
Biggest precautionary loans (amount agreed as of 8/18/11): Mexico, Poland, Colombia
Surveillance consultations: Consultations concluded for 120 countries in FY2010 and for 88 countries in FY2011 as of 02/11/11
Technical assistance: Field delivery in FY2010â€"192.5 person years
Transparency: In 2009, over 90 percent of Article IV and program-related staff reports and policy papers were published
Original aims: Article I of the Articles of Agreement sets out the IMF’s main goals:
promoting international monetary cooperation;
facilitating the expansion and balanced growth of international trade;
promoting exchange stability;
assisting in the establishment of a multilateral system of payments; and
making resources available (with adequate safeguards) to members experiencing balance of payments difficulties

Good.