Bill Clinton: Obama "Off To A Good Start"

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AP/CNN   |   February 16, 2009 08:26 AM

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WASHINGTON — Former President Bill Clinton said Monday he thinks the country will surmount the current economic crisis, but sees the threat of terrorism and global instability as a longer-term problem.

Clinton also gave President Barack Obama high marks for the $787 billion economic stimulus bill that Obama will sign into law as early as Tuesday.

"I think he's off to a good start," Clinton said. "I think he's got a good team."

He said he thought Obama's White House handled the stimulus issue relatively well, "given the fact they had to do it in a hurry."

Clinton also said he believes the massive bill, which combines spending and tax cuts, will be "our bridge over troubled waters."

"The public, I believe, will support him at least for a year in trying to work these things out," he said. "And he's been very straightforward in saying it might take as much as two years for the economy to really get in gear again. My instinct is it will happen a little quicker than that."

Clinton tore into Republicans for their almost unified opposition to Obama's stimulus legislation. "Those guys are on automatic ... you punch a button, and they give you the answer they give you."

"Well, first of all, he has reached across [the aisle], and it takes two to tango," he said. "I find it amazing that the Republicans who doubled the debt of the country in eight years and produced no new jobs doing it, gave us an economic record that was totally bereft of any productive result are now criticizing him for spending money. You know, I'm a fiscal conservative, I balanced the budget, I ran surpluses. If I were in his position today, I would be doing what he's doing."

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Clinton said political factors would eventually force some Republican lawmakers to come around. "Here's what I think will happen," said Clinton. "I think that, as we go along, if the American people stick with him and if he begins to have good results, then I think more and more Republicans will cooperate with him because they will see that he's right or because he carried their states or for any number of reasons."

He confirmed he has talked to Obama about the job, although Clinton said he didn't want to be too specific.

He said he talked to the new president about "nuts and bolts" issues of the presidency and how to keep things from "falling through the cracks."

Asked his perspective on how the country fell into such economic hard times, Clinton responded in an NBC "Today" show interview by asking rhetorically: "Did any of them seriously believe that if I had been president and my economic team had been in place the last eight years, that this would be taking place."

In another interview, Clinton was asked which president he would most identify with.

"Personally, I'm not sure," he told CNN. "One guy wrote a book saying that I was most like Thomas Jefferson, but the times in which I governed were most like Theodore Roosevelt's. And we had _ and the results I received were similar. We had _ he had enormous success. The country was better off when he quit than when he started."

Clinton also said that several of the programs that Theodore Roosevelt pushed "were not actually done until his cousin, Franklin Roosevelt, became president, you know, more than 20 years later."

"I think that a lot of the things that I recommended in terms of the health care reform will come to fruition now that we have a more modern Democratic Congress and a new Democrat Congress and the Obama administration there," he said. "I'll be surprised if they don't get health care reform and some of the other things I recommended. I'm excited about it."

Clinton was ranked 15th among presidents in the latest C-SPAN survey of some 65 presidential scholars and experts, moving up six places from where he stood in an earlier survey in 2000.

WASHINGTON — Former President Bill Clinton said Monday he thinks the country will surmount the current economic crisis, but sees the threat of terrorism and global instability as a longer-term p...
WASHINGTON — Former President Bill Clinton said Monday he thinks the country will surmount the current economic crisis, but sees the threat of terrorism and global instability as a longer-term p...
 
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If someone asks for your opinion..t­here's bound to be a few "I"'s in the response. Clinton left a surplus budget and job creation..­Bush left with a recession a trillon dollar deficit and 2 wars..So his input would be beneficial.

    Favorite    Flag as abusive Posted 12:48 PM on 02/17/2009
- partyofone I'm a Fan of partyofone 45 fans permalink

Bill Clinton left having signed the bill de-regulating the financial industry, leaving the door wide open for the greedy Wall Street crowd to ruin the economy. He also in a short time became a mega millioinaire largely on HUGE payments from corporate interests for "speaking and consulting. Quid pro quo?

    Favorite    Flag as abusive Posted 06:18 PM on 02/18/2009
- tiznow I'm a Fan of tiznow 3 fans permalink

According to Bob Brinker, the repeal of the Glass-Steagall act was a seminal event leading to the banking crisis. This was a bipartisan effort,as the bill was sponsored by Phil Gramm, a Republican. Bill Clinton is in complete denial, if he thinks that signing the bill had no effect on the banking crisis.

    Favorite    Flag as abusive Posted 10:37 PM on 02/21/2009
- Kiabell04 I'm a Fan of Kiabell04 22 fans permalink
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I agree with his statement about these idiotic Republicans.

    Favorite    Flag as abusive Posted 11:28 AM on 02/17/2009
- Wuzzup I'm a Fan of Wuzzup 6 fans permalink

It's hightime Omamma grew a pair and stop counting on Big Bill to fight his Battles for him!!!

    Favorite    Flag as abusive Posted 10:54 AM on 02/17/2009
- kcmookie I'm a Fan of kcmookie 112 fans permalink
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Well now that certainly is a stoopid statement, I can't wait to forget it.

    Favorite    Flag as abusive Posted 11:54 AM on 02/17/2009
- jnah I'm a Fan of jnah 6 fans permalink

what does that mean chump?

    Favorite    Flag as abusive Posted 11:55 AM on 02/17/2009
- mtracy9 I'm a Fan of mtracy9 212 fans permalink

One thing you can say about former Democratic presidents: When you ask them a question you get an intelligent answer. The same cannot be said for former Republican presidents. After leaving office, before he was too far gone with Alzheimers, Reagan was still blaming Congress for his tripling of the national debt. One never heard too much from Bush Sr. after his retirement, other than his performing some childhood stunt like parachuting out of a plane, strapped to an instructor. In the case of Bush Jr., you know he will never have anything intelligent to say, since he never had anything intelligent to say while he was in office.

    Favorite    Flag as abusive Posted 06:26 AM on 02/17/2009
- vesaversa1 I'm a Fan of vesaversa1 12 fans permalink
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lmao

    Favorite    Flag as abusive Posted 09:59 AM on 02/17/2009

How many ?Rememba?? when CLINTON went to hospital for by-pass surgery? it was in the news that one of the nurses said to Clinton ---it's a good thing no one voted for your healthcare (socialized medicine) because you would have had to WAIT your turn in line for treatment.

HOW many people have YET to realize that SOCIALIZED MEDICINE has no plus side to it ---it only grants the medical community thre RIGHT to NOT CARE when someone DIES WHILE waiting for treatment.

DEMS REALLY ARE NOT SAPS---only those stupid enough to vote for them are.

    Favorite    Flag as abusive Posted 10:20 AM on 02/17/2009
- Nova16 I'm a Fan of Nova16 34 fans permalink

It appears that the good ole USA is now a socialist country now that the republicans have destroyed capitalism. Vote republican at your peril!

    Favorite    Flag as abusive Posted 11:49 AM on 02/17/2009
- kcmookie I'm a Fan of kcmookie 112 fans permalink
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Hmmm, versus paying 200-300 a month when I am healthy, to have some big wig at the insurance company tell me something isn't covered when I DO get sick???

Are you serious? You have no issue with the current state of healthcare? Did you apply any thought whatsoever or do you just live in a bubble?

    Favorite    Flag as abusive Posted 11:58 AM on 02/17/2009
- XLintLuvR I'm a Fan of XLintLuvR 30 fans permalink
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That's funny. It makes no sense but you're continuing to regurgitate the rep talking points. Considering there's no waiting in ERs in countries with socialized health care, your point is lost. We're ranking near the bottom of industrailized nations when it comes to health care and your argument is without merit. Tell ya what, point out an example of a modernized, industrialized nation that ranks higher than us in health care where you've got to wait for treatment and I'll shut my mouth. Since I have a feeling we'll be waiting quite some time to hear from you on that one, how about you shut your gob and stop repeating lies that have already been disproven.

    Favorite    Flag as abusive Posted 12:37 PM on 02/17/2009

"a hard copy of a collection of Republican quotes predicting doom and disaster in the wake of the 1993 Clinton economic stimulus plan":

http://www.dailykos.com/storyonly/2009/2/15/113912/339/871/697810

    Favorite    Flag as abusive Posted 11:49 PM on 02/16/2009
- Atcha I'm a Fan of Atcha 3 fans permalink

Isn't it funny how he wants to take credit for positive developments that could take place 20 years after his presidency ("Clinton also said that several of the programs that Theodore Roosevelt pushed "were not actually done until his cousin, Franklin Roosevelt, became president, you know, more than 20 years later.") while he limits the timeline to juge the negative effects of his policies on his last day in office....

    Favorite    Flag as abusive Posted 11:31 PM on 02/16/2009
- Rogan I'm a Fan of Rogan 32 fans permalink

That's why I could never really love old Bill Clinton. He always had or has a li'l streak of something shifty and calculated going on. He did great work, but he was/is still a Politician - with the P capitalized, like that.

    Favorite    Flag as abusive Posted 01:59 AM on 02/17/2009
- vesaversa1 I'm a Fan of vesaversa1 12 fans permalink
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But that exactly the way historians well see it years form now .

    Favorite    Flag as abusive Posted 10:01 AM on 02/17/2009
- XLintLuvR I'm a Fan of XLintLuvR 30 fans permalink
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Let's see...bala­nced the budget, left a surplus, the world loved us...what were the negative effects of his presidency that he needs to speak up about? Did he not inherit a miserable economy that was so bad that it got his predecessor booted out of office? Did he not turn over the biggest surplus to his sucessor that then ran up the biggest deficit in history, larger than all previous administration combined? Tell me, what does he need to take responsibility for that happened negatively after he left. I can see you taking the side of saying that he shouldn't have allowed the reps to repeal the Glass/Stegal act that led us to the financial problems we're in now because it deregulated the banking system....­but we all know who pushed for it and to this day still says that we should have less not more regulation.

    Favorite    Flag as abusive Posted 12:41 PM on 02/17/2009
- DocRockk I'm a Fan of DocRockk 4 fans permalink

It's such a shame that he can't run for president again. He'd get another vote out of me anytime. Best President in my lifetime ( I'm a Kennedy baby), including Reagan. Bill rocks!

    Favorite    Flag as abusive Posted 11:30 PM on 02/16/2009

I agree with you 100% Doc, I loved the way President Clinton ran the country, and I hear a LOT of people say that they would have voted for him again! We were all doing MUCH MUCH better, and the proof is in the pudding, shall we say! : )

    Favorite    Flag as abusive Posted 06:40 AM on 02/17/2009

Amen. They need to amend the Constitution to allow a President to at least serve three or four terms. The Republicans changed it because of another great President FDR.

    Favorite    Flag as abusive Posted 08:05 AM on 02/17/2009
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I'm sorry...di­d I miss the memo? Do we actually care what the man who handed the White House to George Bush has to say? I don't know whether I'm more sick of him popping up all the time wherever there's a chance to pretend he's a statesman or the incessant stories about the 'octomom'.

HuffPo used to be where I go to get real news, not crap. I don't care about Lindsay Lohan's personal life, euromodels losing their balance in front of a cretin taking upskirt shots, or anything about Sarah Palin at all. I do care about the work it is going to take for the new government (finally, a legal one) to try to repair the damage done by decades of Republican cannibalism and what we can do to survive in the meantime.

Serve your readers, folks.

    Favorite    Flag as abusive Posted 11:13 PM on 02/16/2009
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Bill. . . go away already. Please.

    Favorite    Flag as abusive Posted 10:55 PM on 02/16/2009

I miss Pres. Clinton. He encouraged subprime lending; expanded NATO and provoked Russia; increased defense spending; reinforced the impotence of the UN; opposed the International Criminal Court; endangered the ABM Treaty; protected anti-personnel landmines; signed Helms-Burton; supported Israel, no matter what; launched an air war in Iraq; enlarged capital punishment; limited welfare; and understood that leadership was no substitute for poll-driven politics.

I miss President Clinton. He encouraged subprime lending. He expanded NATO, and he provoked evil nations. Mr. Clinton ensured that the people of America were happy by spending. He took away the power of the world, and gave it to the United States. He opposed a higher world authority. If we did not go to war, how were we not safe? He put a safe bubble over them. Have they picked a winner yet? I want the guy to win. He did not enlarge capital punishment. I would expand welfare times 12000. I don't understand why he is not number:

29

    Favorite    Flag as abusive Posted 09:42 PM on 02/16/2009
- ohioan73 I'm a Fan of ohioan73 24 fans permalink

One thing many people overlook (because perhaps they weren't affected by single parenthood and poverty in the 90s) is that Clinton reformed the entire welfare system. I never knew what it was like to be a "welfare queen" because I had to maintain 12 college credit hours and volunteer at my child's daycare 20 hours per week for the assistance I received from the county. Ohio was the first state to be reformed and I was one of the first people affected by these changes. The reform was fine for me because my goals were higher education but it abruptly changed and disrupted the lives of people who had no goals and forced them to find alternatives to accepting low self esteem and government aid as a lifestyle. Funny how 3 previous terms of "fiscal conservativeness" could never accomplish getting welfare recipients off their behinds. Not bad for a Democrat. Good on you for that one, Clinton.

    Favorite    Flag as abusive Posted 09:28 PM on 02/16/2009
- mom2sons I'm a Fan of mom2sons 5 fans permalink

"Welfare queens" by butt. Many people actually use the foodstamps and assistance to live on. They tried to show that many of these were black women, but people of all colors receive assistance. Just when they implemented TANF, I started receiving child support that was twice as much as any assistance I would have received. Yes, it is a good thing, but for those who want to go to school and get a degree, I know that it was hard in the beginning to do that. I don't know how it is now, but we should encourage people to get an education, so that they can earn a living wage and raise their families. I now have a couple of semesters to go before I get my masters.

    Favorite    Flag as abusive Posted 11:00 AM on 02/17/2009
- ohioan73 I'm a Fan of ohioan73 24 fans permalink

I'm thankful I was a young adult during the Clinton administration instead of Bush 2 (or 1, for that matter) because there seemed to be more money flowing and I had so many job options as a college student. I was young and apathetic to politics, but hope and opportunity was in the air. I feel sorry for people coming of age today.

Say whatever you want about Clinton but in those days, you could make $9.00/hr at Burger King. Pretty good considering the minimum wage was 5.xx/hrr back then.

    Favorite    Flag as abusive Posted 09:10 PM on 02/16/2009

Stating pay at In And Out Burger here is $10.00 per hour.

    Favorite    Flag as abusive Posted 10:09 PM on 02/16/2009
- PKSSK I'm a Fan of PKSSK 15 fans permalink

All one has to do is count the I's, I'm and I'll in this interview and you know that Bill only cares about Bill and how important he thinks he is.

    Favorite    Flag as abusive Posted 08:59 PM on 02/16/2009

Yes it slips his mind that he signed the bill Deregulating the banks. Bill, Maxine Waters, And Barney Frank make home ownership a Right, with no regaurde to ones ability to pay for the house.... Franks, Waters and Cris Dodd blocked Republican attempts to reregulate­....

    Favorite    Flag as abusive Posted 10:12 PM on 02/16/2009
- unity08 I'm a Fan of unity08 12 fans permalink
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But the Bush administration is the one that encouraged the predatory lending practices. So lets set the record straight.

Also the republicans owned the white house, and both houses until 2006 yet we keep hearing that it was the democrats that wouldnt allow regulating fannie and freddie. If the republicans had wanted to regulate why didnt they? Who could have stopped them? No guts, no glory!

Spouting talking points wont work when its really just a bunch of crappola.

    Favorite    Flag as abusive Posted 11:34 PM on 02/16/2009

I can do no wrong , Former President Bill Clinton takes major offensive to be included in Time Magazine's "25 people to blame" for the financial crisis list. Right , letting the dogs out on derivative credit swaps and pressuring banks to make loans for low income housing had nothing to do with it. Clinton's state of denial brings back memories of Monica Lewinsky and the famous " I didn't have sexual relations with that woman " speech. Were sorry to say that wasn't true either your Highness and that yes , even you Mr. Bill deserve the blame.
find out more at bloggerspot.comspot.com

    Favorite    Flag as abusive Posted 08:16 PM on 02/16/2009

I wonder when Bill talked to Obama about "nuts and bolts" issues and not letting anything "fall through the cracks" was Obama able to keep a straight face. Next up, Bill warns of "sticky situations­."

    Favorite    Flag as abusive Posted 08:34 PM on 02/16/2009

In the interview, Clinton was asked if he shared part of the blame for the economic crisis. His answer: "Did any of them seriously believe that if I had been president and my economic team had been in place the last eight years, that this would be taking place." Maybe in retrospect some rules he loosened eventually helped cause problems, but his people were competent and conservative. Bush's people were neither. Washington isn't good at predicting the long term consequences of actions; we depend on government reacting to problems before things blow up completely.

    Favorite    Flag as abusive Posted 10:20 PM on 02/16/2009
- anopenmind I'm a Fan of anopenmind 7 fans permalink

Go Bill kick their Rushicans butts!!

    Favorite    Flag as abusive Posted 07:16 PM on 02/16/2009
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