Bill Clinton actually said...

"I wouldn't let anybody off the hook that could pay it back, but the point is for them, they never really—unlike the Chinese, for example, who were traders for centuries and had a whole market history,..."

"They're broke. They can't right now."

"Because I believe we can do better, I asked the people of this country to give me a chance to serve as President."

"If we simplify that, their costs will drop dramatically."