Bill Clinton Pt. 2

  • Aired:  09/16/10
  •  | Views: 120,979

Bill Clinton believes President Obama should go and campaign in areas where he can help Democrats in the midterm elections. (4:16)

[CHEERS AND APPLAUSE]

>> Jon: PLEASE WELCOME BACK.

WE'RE HERE WITH FORMER PRESIDENT

CLINTON.

LET'S TALK.

OBVIOUSLY THE MID TERMS ARE

COMING UP IN YOUR BOOK, YOU

MENTION THAT YOU WENT OUT ON THE

ROAD FOR THE MID TERM ELECTIONS

IN 1994.

YOU FELT THAT MAYBE THAT WASN'T

THE THING YOU SHOULD HAVE DONE

AS PRESIDENT.

IT MAYBE THROUGH YOU INTO A

BATTLE THAT MAYBE YOU DIDN'T

NEED TO.

DO YOU THINK PRESIDENT OBAMA

SHOULD CAMPAIGN IN THAT MANNER?

>> I DO.

>> Jon: YOU THINK HE SHOULD

THIS TIME.

HOW CAN HE AVOID THE TRAP YOU

FELT LIKE YOU FELL?

>> WE HAD A DIFFERENT PROBLEM.

AT THAT TIME NEWT GINGRICH HAD

COME OUT WITH HIS CONTRACT ON

AMERICA OR CONTRACT FOR AMERICA

HE CALLED IT.

[LAUGHTER]

[CHEERS AND APPLAUSE]

AND OUR GUYS DIDN'T DO THAT.

AND SO I WAS IN A POSITION OF

BASICALLY DOING ONE TO HELP

PEOPLE -- YOU CAN'T TURN DOWN

PEOPLE WHO VOTE FOR YOU, PUT

THEIR SEATS AT RISK.

I DON'T THINK I DID A VERY GOOD

JOB OF EXPLAINING WHAT WE HAD

DONE.

BUT WE HAD A VERSION OF WHAT HE

IS FACING NOW WHICH IS THAT WE

HAD DONE THINGS THAT WERE

BRINGING THE ECONOMY BACK BUT NO

ONE FELT IT BACK.

THAT'S TRUE HERE ON STEROIDS.

IT'S HORRIBLE.

BASICALLY JUST IN THE LAST WEEK

THERE WERE TWO INDEPENDENT

ECONOMIC SURVEYS.

ONE SAID IF WE HAD NO STIMULUS

UNEMPLOYMENT WOULD BE 11% NOT

9.5% AND THE OTHER SAID IF WE

HAD NO STIMULUS OR SAVED THE

BANKING SYSTEM AND IF INTEREST

RATES WEREN'T NEARLY 0 BY THE

FEDERAL RESERVE THERE WOULD BE

8.5 MILLION PEOPLE UNEMPLOYED.

IF YOU CAN'T PAY YOUR MORTGAGE

AND YOUR MORTGAGE IS WORTH MORE

THAN YOUR HOUSE AND YOU THINK

YOU NEVER CAN SEND YOUR KID TO

COLLEGE AND YOU ARE MISERABLE

AND YOU LOOK AND SAY GOSH, THE

PEOPLE WHO CAUSED THIS CRISIS,

THE FINANCIAL SYSTEM, THEY ARE

DOING FINE AND THE GOVERNMENT

GUYS THEY ARE DOING FINE, WHEN

AM I GOING TO GET ANY HELP?

IT'S A COMBUSTIBLE MIX.

IT MAKES PEOPLE ANGRY.

THEY OUGHT TO BE ANGRY.

IT MAY MAKE SOME OF YOUR OWN

SUPPORTERS APATHETIC ABOUT

WHETHER THEY SHOULD VOTE.

YOU SHOULD GO TO THE AREAS WHERE

HE CAN HELP.

THAT'S WHAT HE IS DOING.

HE SHOULD HELP THEM RAISE FUNDS

SO THEY DON'T GET BLOWN AWAY.

A LOT OF BIG BUSINESS GROUPS

THAT -- FOR EXAMPLE A LOT OF

PEOPLE WANT TO REPEAL THE HEALTH

CARE BILL BECAUSE THERE'S A

PROVISION IN THE HEALTH CARE

BILL THAT SAYS FROM NOW ON WHEN

THIS BILL TAKES EFFECT 85 CENTS

ON EVERY DOLLAR YOU PAY IN

INSURANCE HAS TO GO TO HEALTH

CARE.

THERE'S A MASSIVE BATTLE IN THE

85 CENTS.

SOME STATES DON'T HAVE THAT.

IN MINNESOTA WHERE THE MAYO

CLINIC HAS SET A MODEL OF TAKING

MONEY TO KEEP YOU HEALTHY.

THAT IS YOU PAY FOR HEALTH CARE

NOT FOR PROCEDURES.

89 CENTS OF EVERY DOLLAR GOES TO

HEALTH CARE.

BUT THERE ARE A LOT PLACES WHERE

THERE'S NOT TRUE.

ONLY 11 OF 50 STATES HAVE THE

POWER TO KEEP HEALTH INSURANCE

RATES DOWN EVEN THOUGH ONE OR

TWO FIRMS DOMINATE 80% TO 90% OF

PHARPBLT.

THERE'S MONEY GOING ON THERE.

THERE ARE A LOT OF OTHER THINGS

AT RISK.

THE PEOPLE THAT WANT TO CONTINUE

ZERO ESTATE TAX.

THE PEOPLE THAT WANT TO

CONTINUE -- DON'T WANT THEIR TAX

CUT UNDER PRESIDENT BUSH RAISED.

THEY DON'T WANT TO GO BACK TO

THE RATE THEY PAID WHEN I WAS

PRESIDENT WHEN I RAISED IT TO

THAT.

BUT OBVIOUSLY, AND I'M IN THAT

INCOME GROUP.

THOSE OF US WHO ARE NOT

SUFFERING SHOULD PAY SO THAT

THOSE WHO ARE CAN GET THE JOB

TRAINING THEY NEED, THE GET THE

EDUCATION THEY NEED.

[CHEERS AND APPLAUSE]

>> Jon: HERE IS WHAT WE'RE

GOING TO DO.

THIS IS AN INTERESTING

CONVERSATION.

I'M GOING TO THROW TO

COMMERCIAL.

WE'RE GOING TO GO AWAY.

WE'RE GOING TO THROW THE REST ON

THE WEB.

IF YOU THINK THE DEMOCRATS WHO

ARE I SAG, YOU KNOW, GOVERNMENT

SHOULD TAKE A STRONGER ROLE

UNTIL THESE THINGS, ARE V- THEY

MADE THEIR CASE FOR COMPETENCE?

MAYBE WHAT PEOPLE ARE SAYING I

GET THAT THE GOVERNMENT WANTS TO

DO THIS.

DO I TRUST THAT THEY CAN?

WE'LL TALK ABOUT THAT.

PRESIDENT BILL

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