Bill Clinton: “Well, they did, but we're not going to risk it. That's the difference. And I want to point out, one, we should help…”

“Well, they did, but we're not going to risk it. That's the difference. And I want to point out, one, we should help Mexico because it's in our interest. They're our third biggest trading partner. We've got $40 billion at risk and three quarters of a million jobs in America. Secondly, we have other interests at risk. We have the prospect of a new flood of illegal immigration if there's an economic collapse in Mexico. Thirdly, if Mexico has an economic collapse, we know from what we've seen already that it will bleed off into Argentina and all these other countries that are supporting our move to support more democracy and more free market economics in Latin America. So we have interests there. Now, this is not foreign aid. It's not a loan. It's not a gift. We are cosigning a note. That's what the loan guarantee is. And we will only do it if we have good collateral. Mexico has never failed on any of its financial obligations to us in the past, and this will be something where we will cosign a note with good collateral. I think it's in our interest. I know it's not popular, but it's in our interest clearly, and we should do it. Russia Mr. Brokaw. Do you think that Boris Yeltsin is in charge of Russia every day?”