Political Quotes

Bill Clinton: Well, I strongly support it, and I think that--you know, I've spoken to his Wall Street conference in each of the last 2…

On the recordJune 29, 1999
Well, I strongly support it, and I think that--you know, I've spoken to his Wall Street conference in each of the last 2 years. And I think he deserves a lot of credit. He's been out there trying to get this done for a long time. And it also influenced my thinking because Dick Grasso--who, you know, sponsors this with him every year--and the others who help have--they really persuaded me that there was a lot more we could do, even within existing law. And I'm hoping that I can support his efforts, that there will be--that these things will be entirely complementary. You know, maybe this is just the moment at which years and years of accumulated effort by a lot of people will be bearing fruit. I've been interested in this whole issue, and Hillary has, for a long, long time, every since we first learned about the efforts of the South Shore Development Bank in Chicago, and we brought a development bank like that to Arkansas, with a microenterprise loan program. And I realized that AID was helping people like Muhammad Yunus, who's founded the Grameen Bank at Bangladesh, you know, to do this kind of thing around the world. And I thought we ought to be doing it at home. And we had some good success in Arkansas. And in the mid-eighties, I headed, along with the Governors of Louisiana and Mississippi, the Delta Development Commission--the Lower Mississippi Delta Development Commission. And we looked at how to do these kinds of things in the Mississippi Delta, which is the poorest part of America. And so, as I said, there are--lots of people have been out there working on this, trying to get this done for a long time. And it seems to me that we now have enough evidence that what we have done works but that we still have these two big barriers. One is, the business community is not fully aware of what opportunities they actually have to make money now, and the second is that there are, frankly, still some greater risks in these areas that we ought to try to overcome by putting in place a framework where there's much more incentive to invest and at least as much as we give to invest overseas. President's Upcoming Travel To Promote New Markets Initiative Mr. Dunham. You've mentioned your upcoming trip that leaves July 5th and will go everywhere from Appalachia to Los Angeles. I was wondering if there are any kind of specific proposals that you see there, that will bring improvement to the communities you're going to visit? If you're--I know that the idea is to leave rays of hope in each of the places, but I didn't know if there were any specifics that you're looking to leave.
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Bill Clinton
Democratic · Arkansas

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