Bill Clinton: “Yes. We actually--what we tried to do is to create at least the same, if not greater, incentives for American business…”

“Yes. We actually--what we tried to do is to create at least the same, if not greater, incentives for American business to invest in America, that we give them to invest in developing economies overseas. I've been a vigorous supporter of OPIC and the Ex-Im Bank. I think that they're incredibly important to our interests and to the welfare of the people of developing countries around the world, and I would--and I have strongly opposed attempts to cut back on them in the last 6 years. But I think that it is--I woke up one day and basically realized--we started debating what we could do--that American businesses could get lower risk to invest in developing economies overseas than they could in the developing economy right here in America. And I think that's wrong. So there is a--the American private investment companies that we set up, which would be eligible for the loan guarantees--$2 in loan guarantee for every $1 of unguaranteed investment put up by the private sector--it directly came out of our attempts to parallel the incentives for investing overseas with incentives to invest here. Minorities in Corporate America Mr. Dunham. You've mentioned both Al From and Jesse Jackson. I'm curious what you think of the efforts that Jesse Jackson has made, working with corporate America--Wall Street, now in Silicon Valley--to try to encourage corporate America to hire more minorities, to invest more in minority areas, and to help underwrite minority businesses. I was wondering both what your sense is of what he's done and how it may have helped shape what you're doing here?”