Name	Peter Schiff
School tradition	Austrian School
Color	firebrick
Image name	SchiffSpeaking.png
Birth date	March 23, 1963
Nationality	United States
Field	Financial Economics
Religion	Jewish
Alma mater	U.C. Berkeley (B.B.A.), 1987 Alan Greenspan, Ben Bernanke, Paul Krugman, Christopher Dodd, Barack Obama,
Signature

Peter David Schiff (; born March 23, 1963) is an American investment broker, author, financial commentator, and was a candidate in the 2010 Republican primary candidate for the United States Senate. and CEO of Euro Pacific Precious Metals, LLC, a gold and silver dealer based in New York City. He frequently appears as a guest on CNBC, Fox News, and Bloomberg Television and is often quoted in major financial publications and is a frequent guest on internet radio as well as the host of the former podcast Wall Street Unspun, which is now broadcast on terrestrial radio and known as The Peter Schiff Show. Schiff graduated from the University of California, Berkeley in 1987 with a Bachelor's degree in finance and accounting. In 1996 Schiff and a partner acquired a small brokerage firm that had been founded in 1980, reincorporated it in California and renamed it Euro Pacific Capital. The company today has more than 15,000 clients and six offices nationwide, with its headquarters in Westport, Connecticut.

According to a 2005 article in The Advocate of Stamford, Connecticut Schiff relocated the firm to Darien, Connecticut to find brokers "who think like him". The New York Metropolitan Area, Schiff says, has the biggest concentration of brokers in the country, making it easier to recruit employees. The company has offices in Newport Beach, California as well as in Scottsdale, Arizona, Palm Beach, Florida, Los Angeles and New York. Euro Pacific Capital also holds the exclusive rights to broker some Perth Mint gold products in the United States.

Economic forecasting

Schiff attributes his economic forecasts to an understanding of the Austrian School, a school of economic thought generally categorized as heterodox (or non-mainstream). Schiff voices strong support for the Austrian School, and says it was first introduced to him by his father, Irwin Schiff.

U.S. bear market

In his 2007 book, Crash Proof, Schiff writes that the current United States economic policies are fundamentally unsound, and predicts that in the future the United States dollar will lose much of its value. As a remedy Schiff favors increased personal savings and production which he says will stimulate economic growth. Schiff cites the U.S.'s low personal savings rate as one of the causes of the its transformation from the world's largest creditor nation in the 1970s to the largest debtor nation in the year 2000. Schiff attributes the low savings rate to higher inflation and the artificially low interest rates set by the Federal Reserve.

In a 2002 interview with Southland Today, Schiff predicted that the economic downturn triggered by the bursting of the stock market bubble would lead to a bear market likely to last "another 5 to 10 years." until reversing course in 2008, when the Dow, NASDAQ, and S&P; 500 began a decline to less than half of their peak 2008 values, followed in 2009 by the Dow climbing 61% from its low point over the following year. After interviewing Schiff in 2009, journalist and finance author Eric Tyson, referenced various Schiff predictions during the 2000s and stated that "On all of these counts, Schiff wasn't just wrong but ended up being hugely wrong." Schiff later released a video stating that, "When I gave that interview in 2002, I had no way of knowing how irresponsible the Fed was going to be ... But I recognized that early: back in 2003 and 2004 I changed my forecast ... if you look at what happened to the Dow in terms of gold [and not U.S. dollars], my forecast was extremely accurate." On December 31, 2006 in debate on Fox News, Schiff forecast that "what's going to happen in 2007" is that "real estate prices are going to come crashing back down to Earth". to indeed be contributing factors to the housing crisis of 2007-2009. On December 13, 2007 in a Bloomberg interview on the show Open Exchange, Schiff further added that he felt that the crisis would extend to the credit card lending industry. Following this observation, it was soon reported on December 23, 2007 by the Associated Press that "The value of credit card accounts at least 30 days late jumped 26 percent to $17.3 billion in October from a year earlier at 17 large credit card trusts examined by the AP... At the same time, defaults -- when lenders essentially give up hope of ever being repaid and write off the debt -- rose 18 percent to almost $961 million in October, according to filings made by the trusts with the Securities and Exchange Commission."

Since 2007, Schiff has stated many times that if the government doesn't change course there will be hyperinflation in the US. Schiff is one of a minority of economists credited with accurately predicting the financial crisis of 2007–2010 while "nearly all [macroeconomists] failed to foresee the recession despite plenty of warning signs". In his book Crash Proof, he described several aspects of the U.S. economy that would lead to a recession. The video consists of a compilation of clips of his many appearances on various financial news programs from networks including CNBC, Fox News, MSNBC and Bloomberg, most of which took place from 2005 to 2007. In the segments Schiff explains specifically the fundamental problems he saw with the United States economy at that time. Schiff's warnings of a coming economic collapse earned him the moniker "Dr. Doom." and in late 2008, he predicted the automotive industry crisis and the crisis in the banking and financial markets. Schiff does weekly video blogs on youtube which are closely followed by over 30,000 subscribers. His videos can usually receive 45,000 views within a week's time. In addition, he does a weekly radio show that is streamed on the web. Due to his extreme popularity and fans calling for more airtime in late 2010 early 2011 Schiff will begin doing a daily radio program in Connecticut for 2–3 hours with plans to syndicate it nationwide.

Investment advice

Despite predictions regarding the housing bubble and automotive industry difficulties coming to fruition, as early as 2009 Schiff was receiving criticism due to the performance of some of his client's accounts in 2008, as well as controversies over the predictions themselves. In January 2009, economic blogger and investment adviser Michael Shedlock reported, "I have talked with many who claim they have invested with Schiff and are down anywhere from 40% to 70% in 2008." Other criticisms followed, including the aforementioned Eric Tyson post

The Director of Communications at Schiff's investment firm responded to the original Shedlock piece by saying, "While it is true, that our accounts have suffered badly in 2008, a fact that we have never disputed or ran from, [Shedlock's] estimates for the size our of typical client losses are exaggerated and unfair." Schiff personally responded to Shedlock's criticism by saying, "to examine the effectiveness of my investment strategy immediately following a major correction by looking only at those accounts who adopted the strategy at the previous peak is unfair and distortive" and called Shedlock's blog entry "nothing more than an overt advertisement (and a highly deceptive one at that) to use my popularity to advance his career," adding that losses were felt mostly by recent clients and not by others.

Schiff responded similarly to criticisms made by Wade Slome of Sidoxia Capital Management, LLC. in a September 2009 blog entry entitled, "The Emperor Schiff Has No Clothes." Schiff stated not only were the losses suffered by his clients in 2008 highly exaggerated, but also that most of those losses have already been recouped, stating that many who where down then are now up, and most long-term clients were never down at all, but merely temporarily lost some of the profits they had earned over the years. The Wall Street Journal also published a letter written by Schiff in response to his critics saying: "My central investing premise, a weakening dollar and safety in gold, commodities and foreign stocks, didn't materialize in 2008. But all the ingredients were (and remain) present for those movements to occur. Over the past year, market reactions that I didn't foresee—massive global deleveraging, a knee-jerk 'flight to quality' into U.S. Treasuries and a sharp counter trend rally in the U.S. dollar—have kept the scenario from playing out."

In a November 2009 videoblog, Schiff said that five stocks he picked for Fortune Magazine in January 2009 had gained a total of 360%.

In a March 2009 speech Schiff said that it would be impossible for the U.S. debt to China to be repaid unless the U.S. dollar's value is substantially diluted through inflation.

Gold predictions

In September 2009 Schiff said that "I would not be surprised to see [gold] at $5,000 over the next several years" and that the 2009 stock market rally was a "bear market rally".

Political career

Schiff was an economic adviser to Ron Paul's 2008 presidential campaign. In support of Paul's economic revitalization plan, he said: "We need a plan that stimulates savings and production, not more of the reckless borrowing and consumption that got us into this mess in the first place. Ron Paul's plan is the only one that amounts to a step in the right direction. If you want meaningful change—for the better that is—Ron Paul is the only candidate capable of delivering it."

In 2008, Schiff also endorsed Murray Sabrin for the U.S. Senate seat in New Jersey.

In an interview in February 2009, Schiff's position was summarized as a nonpartisan critique of American policymakers, comparing former presidents George W. Bush to Herbert Hoover and President Barack Obama to former president Franklin D. Roosevelt, with neither of the more recent incumbents comparing favorably to the earlier ones.

Schiff supports the reduction of government economic regulation, and is concerned that President Obama's administration may increase such regulation.

Schiff says that the current economic crisis provides an opportunity to transition from borrowing and spending, to saving and producing. Schiff is critical of the U.S. government's efforts to "ease the pain" with economic stimulus packages and bailouts. According to Schiff, the U.S. government's approach of replacing "legitimate savings with a printing press" could result in hyperinflation.

2010 U.S. Senate campaign

In December 2008, Connecticut citizens created a website encouraging Schiff to campaign against the incumbent Senator Christopher Dodd. Approximately 5,000 people made campaign contributions using the web site. In a May 2009 video blog, Schiff said that he was seriously considering a run for the senate and when questioned by a Washington Post reporter, he said the chance of him entering politics was “better than 50-50". In June 2009 Schiff commissioned a poll of likely voters which indicated that he trailed Dodd in popularity by four percentage points. On July 9, 2009, Schiff launched an exploratory committee and an official campaign website. Schiff officially announced his candidacy for the Republican nomination on September 17, 2009, during the MSNBC Morning Joe show. By October 2009 Schiff had received more than 10,000 telephone calls and letters

In the Republican primary, held on August 10, 2010, Schiff lost the nomination to Linda McMahon.

The results were:

49% Linda McMahon

28% Rob Simmons

23% Peter Schiff

Ultimately, the election was won by the Democratic Party primary winner, Richard Blumenthal.

Books

Peter Schiff is the author of five books published by John Wiley & Sons. His book, Crash Proof 2.0, appeared on both the New York Times and Wall Street Journal bestseller lists.

Crash Proof: How to Profit from the Coming Economic Collapse, February 2007, ISBN 978-0-470-04360-8 1

The Little Book of Bull Moves in Bear Markets: How to Keep your Portfolio Up When the Market is Down, 2008, ISBN 978-0-470-38378-0 2

Crash Proof 2.0: How to Profit From the Economic Collapse, 2nd Edition, September 2009, ISBN 978-0-470-47453-2 3

The Little Book of Bull Moves, Updated and Expanded: How to Keep Your Portfolio Up When the Market Is Up, Down, Or Sideways, 2010, ISBN 0470643994 4

How an Economy Grows and Why It Crashes, 2010, ISBN 978-0-470-52670-5 5

Notes

References

External links

Euro Pacific Capital US Brokerage Firm Website

Euro Pacific Precious Metals Coin Company Website

Schiff for Senate Official Campaign Website

Peter Schiff Online, Official book site for Peter Schiff

Peter Schiff Blog

Peter Schiff radio, Schiff's daily radio show

Social media

Peter Schiff's Official YouTube channel

Category:American economics writers Category:American economists Category:American finance and investment writers Category:American Jews Category:American libertarians Category:American money managers Category:Austrian School economists Category:Classical liberals Category:Connecticut Republicans Category:Financial analysts Category:Libertarian economists Category:Microeconomists Category:People from New Haven, Connecticut Category:People from New York City Category:Stock and commodity market managers Category:University of California, Berkeley alumni Category:Writers from Connecticut Category:1964 births Category:Living people

Name	Paul Farmer
Birth date	October 26, 1959
Birth place	North Adams, Massachusetts
Residence	Rwanda USA Cange, Haiti
Nationality	American
Field	Internal Medicine
Work institution	Harvard University
Alma mater	Trinity College, Duke University (Bachelor's)Harvard University (MD, PhD)
Prizes	Conrad N. Hilton Humanitarian Prize, MacArthur Foundation Genius Award

Paul Farmer (born October 26, 1959) is an American anthropologist and physician, the Presley Professor of Medical Anthropology in the Department of Social Medicine at Harvard University and an attending physician at Brigham and Women's Hospital in Boston, Massachusetts. In May 2009 he was named chairman of Harvard Medical School's Department of Global Health and Social Medicine, succeeding his longtime friend and collaborator Jim Kim. On Friday, December 17, 2010, Harvard University's President, Drew Gilpin Faust, and the President and Fellows of Harvard College, named him a University Professor of Harvard University, the highest honor that the University can bestow on one of its faculty members.

He currently resides in Kigali, Rwanda. He is board certified in Internal Medicine and Infectious Disease. Farmer is one of the founders of Partners In Health (PIH), an international health and social justice organization. His work is the subject of Tracy Kidder's 2003 book Mountains Beyond Mountains: The Quest of Dr. Paul Farmer, A Man Who Would Cure the World. Farmer was selected to head the U.S. Agency for International Development, but ran in to controversy. In August 2009, Paul Farmer was named United Nations Deputy Special Envoy to Haiti to assist in improving the economic and social conditions of the Caribbean nation.

International work

In 1987, Farmer, along with Ophelia Dahl, Jim Yong Kim, Thomas J. White and Todd McCormack, co-founded Partners In Health. PIH began in Cange in the Central Plateau of Haiti and has developed into a worldwide health organization. The PIH hospital in Haiti provides free treatment to patients. PIH helps patients living in poverty to obtain effective drugs to treat tuberculosis and AIDS.

In addition to his hospital in Haiti, Farmer oversees projects in Russia, Rwanda, Lesotho, Malawi and Peru. His approach has its basis in ethnographic analysis and real world practicality.

Mountains Beyond Mountains: The Quest of Dr. Paul Farmer, a Man Who Would Cure the World by Tracy Kidder details Farmer's work in Haiti, Peru, and Russia, as well as his efforts to balance clinical and academic responsibilities with having a family of his own. The book narrates the interactions and conflicts Farmer faces as he attempts to secure healthcare for the poor in Haiti.

Dr. Farmer is a co-founder and Board Member of the Institute for Justice & Democracy in Haiti. He is also a member of the Advisory Board of Incentives for Global Health, the NGO focused on developing the Health Impact Fund.

Dr. Farmer was appointed as the Deputy UN Special Envoy for Haiti, by former US President Bill Clinton, UN Special Envoy for Haiti, on August 11, 2009. In this role, Dr. Farmer will support Clinton and assist in advancing their work on a day-to-day basis.

Dr. Farmer wrote the book, "The Uses of Haiti", (4/1/05), ISBN # 56751-034-5.

Awards

Farmer has won honors including: A MacArthur Fellowship, 1993 The 9th Annual Heinz Award in the Human Condition, 2003 Conrad N. Hilton Humanitarian Prize for Partners in Health ($1.5 million), 2005 American Medical Association's Dr. Nathan Davis International Award in Medicine 2007 Austin College Leadership Award ($100,000), which he donated to Partners in Health. 2007 Sandor Teszler Award for Moral Courage and Service to Mankind and an honorary doctorate from Wofford College in Spartanburg, SC.

Member of the Institute of Medicine of The National Academies (U.S.).

2008 Peace Abbey Courage of Conscience Award presented to Dr. Farmer and Partners in Health.

Additional Honors

In 2004, Farmer delivered the Lewis Henry Morgan Lecture at the University of Rochester, considered by many to be the most important annual lecture series in the field of Anthropology. He received an honorary Doctor of Science degree from Thomas Jefferson University on June 2, 2006, where he delivered the keynote address for commencement exercises. He received an honorary Doctor of Science degree from Boston College on May 23, 2005 where he delivered the keynote address for commencement exercises. He received an honorary Doctor of Laws degree from Princeton University on June 6, 2006, and delivered an address at the Princeton University Baccalaureate in June 2008. He received an honorary Doctor of Science degree from Emory University on May 14, 2007, where he delivered the keynote address for the university's 162nd commencement ceremony. He received an honorary doctorate degree from the University of Notre Dame on May 20, 2007, where he also was a speaker at the Notre Dame forum in September 2006. He was the invited keynote speaker for the 57th Annual Convention of the American Medical Student Association (AMSA) held in Washington DC. (March 2007) He was the guest speaker for the first Jonathan Mann Health and Human Rights Memorial Lecture, sponsored by the Drexel University School of Public Health, held on November 20, 2007.

In 2008, he was named a "Social Entrepreneur of the Year" by the Skoll Foundation

He received an honorary doctorate degree from Columbia University on May 20, 2009.

He received an honorary doctorate degree from Suffolk University on May 23, 2010

He was awarded an honorary degree from Brandeis University on May 23, 2010

He was awarded an honorary degree from Macalester College on September 14, 2010

Publications

AIDS and Accusation: Haiti and the Geography of Blame, Berkeley: University of California Press, 1992, 1993, 2006 edition: ISBN 978-0-520-08343-1

The Uses of Haiti, Monroe, Maine: Common Courage Press, 1994, 2003, 2005 edition: ISBN 978-1-56751-242-7

¿Haití para qué?, Hondarribia, Spain: HIRU Argitaletxea, 1994

Sida en Haїti: La Victime accusée, Paris: Editions Karthala, 1996

Infections and Inequalities: The Modern Plagues, Berkeley: University of California Press, 1999, revised 2001 edition: ISBN 978-0-520-22913-6

Pathologies of Power: Health, Human Rights, and the New War on the Poor, Berkeley: University of California Press, 2003, 2005 edition: ISBN 978-0-520-24326-2

Global Health in Times of Violence, co-edited with Barbara Rylko-Bauer and Linda Whiteford, School for Advanced Research Press, 2009 edition: ISBN 978-1-934691-14-4

Women, Poverty & AIDS: Sex, Drugs and Structural Violence (Series in Health and Social Justice), with coauthor Margaret Connors, Common Courage Press; Reprint edition (September 1996), ISBN 978-1-56751-074-4

"Who removed Aristide?", London Review of Books, ISSN 0260-9592, April 15, 2004. Retrieved on 2007-11-19.

Personal

Farmer was born in North Adams, Massachusetts and raised in Weeki Wachee, Florida. He is a graduate of Hernando High School in Brooksville, Florida and was president of his senior class. He is a graduate of Duke University, where he received his Bachelor's degree; and a graduate of Harvard University, where he received his MD and PhD.

He and his wife Didi have two daughters, Catherine and Elizabeth, and one son, Sebastian. He currently lives in Kigali, Rwanda with his family. His younger brother, Jeff Farmer, also known as the nWo Sting, is a well-known athlete, competing on the professional wrestling circuit.

References

Bibliography

External links

Dr. Paul Farmer Challenges Profit-Driven Medical System While Bringing Healthcare to Poor Communities Worldwide, Democracy Now, May 28, 2008. Interview with Amy Goodman. Transcript, audio and video.

Video of Building a Community-based Health Care Movement, Dr. Paul Farmer's speech at University of Washington, by UWTV, November 13, 2006

Video of Paul Farmer and Tracy Kidder presenting the book Mountains Beyond Mountains, by Cambridge Community Television, October 20, 2006

Video of Reinvigorating the Struggle: A Clinical and Social Justice Perspective on International Health, Dr. Paul Farmer's speech at the University of Virginia, by UVA NewsMakers, (RealPlayer required)

Audio reading of a book about Farmer's work in Haiti, by NPR

Audio of Speech by Farmer as part of the 2006 Calvin College January series

Audio of Speech by Farmer as part of the 2005 Calvin College January series

Audio of Interview of Farmer rebroadcast by WBUR Boston

Audio of 10/03/2003 episode of "On Point" which includes an interview of Farmer

Audio of a talk at MIT where Farmer and Noam Chomsky speak about Haiti and Farmer's book "The Uses of Haiti" - the link is near the bottom of the page.

Featured in the documentary "Aristide and the Endless Revolution" by Nicolas Rossier

Video Featured in the documentary Pin of Hope, currently in production

Dr. Paul Farmer on Haiti’s Challenges Following Catastrophic Earthquake - video report by Democracy Now!

Category:1959 births Category:Living people Category:AIDS activists Category:American anthropologists Category:Medical anthropologists Category:American physicians Category:University of Notre Dame people Category:Duke University alumni Category:Harvard Medical School alumni Category:Harvard Medical School faculty Category:MacArthur Fellows Category:Partners in Health Category:People from North Adams, Massachusetts Category:People from Berkshire County, Massachusetts Category:People from Boston, Massachusetts

Name	Martin Feldstein
School tradition	Neoclassical economics
Color	indigo
Birth date	November 25, 1939New York City, NY, USA
Nationality
Institution	Harvard University 1967-NBER 1977-82, 1984-President's Foreign Intelligence Advisory Board 2006-2009[PResident's EConomic Recovery Advisory Board, 2009- -Council of Economic Advisers 1982-84
Field	MacroeconomicsPublic Economics
Alma mater	Oxford University (Ph.D., 1967)Harvard University (B.A., 1961)
Influenced	David EllwoodR. Glenn HubbardLaurence J. KotlikoffLawrence LindseyEli NoamJames PoterbaHarvey S. RosenLawrence H. Summers
Contributions	Feldstein-Horioka puzzle
Awards	John Bates Clark Medal (1977)
Signature
Repec prefix	| repec_id =

Martin Stuart "Marty" Feldstein (born November 25, 1939) is an economist. He is currently the George F. Baker Professor of Economics at Harvard University, and the president emeritus of the National Bureau of Economic Research (NBER). He served as President and Chief Executive Officer of the NBER from 1978 through 2008. From 1982 to 1984, Feldstein served as chairman of the Council of Economic Advisers and as chief economic advisor to President Ronald Reagan (where his deficit hawk views clashed with Reagan administration economic policies). He has also been a member of the Washington-based financial advisory body the Group of Thirty since 2003.

Early life

Feldstein was born in New York City and graduated from South Side High School in Rockville Centre, New York. He completed his undergraduate education at Harvard University (B.A., Summa Cum Laude, 1961) and then attended University of Oxford (B.Litt., 1963; D.Phil., 1967). He was also a Fellow of Nuffield College, Oxford from 1964 to 1967.

Career

In 1977, he received the John Bates Clark Medal of the American Economic Association, a prize awarded every two years to the economist under the age of 40 who is judged to have made the greatest contribution to economic science. He is among the 10 most influential economists in the world according to IDEAS/RePEc. He is the author of more than 300 research articles in economics and is known primarily for his work on macroeconomics and public finance. He has pioneered much of the research on the working mechanism and sustainability of public pension systems. Feldstein is an avid advocate of Social Security reform and has been a main driving force behind former President George W. Bush's initiative of partial privatization of the Social Security system. Aside from his contributions to the field of public sector economics, he has also authored other important macroeconomics papers. One of his more well-known papers in this field was his influential investigation with Charles Horioka of investment behavior in various countries. He and Horioka found that in the long run, capital tends to stay in its home country – that is to say, a nation's savings is used to fund its investment opportunities. This has since been known as the “Feldstein-Horioka puzzle”.

In 1997, writing about the upcoming European monetary union and the euro, Feldstein warned that the "adverse economic effects of a single currency on unemployment and inflation would outweigh any gains from facilitating trade and capital flows" and that, while "conceived of as a way of reducing the risk of another intra-European war", it was "more likely to have the opposite effect" and "lead to increased conflicts within Europe and between Europe and the United States".

In 2005, Feldstein was widely considered a leading candidate to succeed chairman Alan Greenspan as Chairman of the Federal Reserve Board. This was in part due to his prominence in the Reagan administration and his position as an economic advisor for the Bush presidential campaign. The New York Times wrote an editorial advocating that Bush choose either Feldstein or Ben Bernanke due to their credentials, and the week of the nomination The Economist predicted that the two men had the greatest probability of selection out of the field of candidates. Ultimately, the position went to Bernanke, possibly because Feldstein was a board member of AIG, which announced the same year that it would restate five years of past financial reports by $2.7 billion. Subsequently, as a result of risky bets made by its Financial Products Division, AIG suffered a massive financial collapse that played a central role in the worldwide economic crisis of 2007-08 and the ensuing global recession. The firm was rescued only by multiple capital infusions by the U.S. Federal Reserve Bank, which extended a $182.5 billion line of credit. Although Feldstein was not explicitly linked to the accounting practices in question, he had served as a Director of AIG since 1988. In March 2007, the Lynde and Harry Bradley Foundation announced that one of four 2007 Bradley Prizes to honor outstanding achievement would be awarded to Feldstein. On September 10, 2007, Feldstein announced that he would be stepping down as president of NBER effective June 2008.

Feldstein served as a member of the President's Foreign Intelligence Advisory Board from 2007 to 2009.

Feldstein said in March 2008 he believes the United States is in a recession and it could be a severe one.

As a member of the board of AIG Financial Products, Feldstein was one of those who had oversight of the division of the international insurer that contributed to the company's crisis in September, 2008. He now serves as a board member for Eli Lilly and Company. He previously served on the boards of several other public companies including JPMorgan and TRW.

On February 6, 2009, Feldstein was announced as one of U.S. President Obama's advisors on the President's Economic Recovery Advisory Board.

On May 27, Feldstein announced he will step down as a director of AIG. He currently serves on the board of directors of the Council on Foreign Relations, the Trilateral Commission, the Group of 30 and the National Committee on United States-China Relations.

Martin Feldstein is a member of the Bilderberg Group and a regular participant in their meetings. He is also a member of the Trilateral Commission.

Teaching

A well-known figure on the Harvard campus, Feldstein taught the introductory economics class "Social Analysis 10: Principles of Economics" (commonly referred to as "Ec 10" by Harvard students) for twenty years, being succeeded by N. Gregory Mankiw. Ec 10 was routinely the largest class at Harvard, and remains one of the largest, recently being eclipsed (in 2007) by Michael Sandel's "Justice" (Moral Reasoning 22). He currently teaches courses in American economic policy and public sector economics at Harvard College.

Ultimately, Feldstein may have made one of his greatest impacts through the remarkable concentration of his students in top echelons of government and academia. These include: Larry Summers, former Harvard president and US Treasury secretary; David Ellwood, dean of Harvard's Kennedy School of Government; and James Poterba, MIT professor and member of Bush's tax reform advisory panel. Lawrence Lindsey, formerly Bush's top economic adviser, wrote his doctoral thesis under Feldstein, as did Harvey S. Rosen, the previous chairman of the president's Council of Economic Advisers, and Glenn Hubbard, Bush's first chairman of the council and now dean of the Columbia Business School.

References

External links

Webpage at Harvard

Webpage at NBER

Webpage at NNDB

Feldstein's views on the U.S. dollar

IDEAS/RePEc

"The Magic of the Market" Martin Feldstein's monthly column for Project Syndicate.

"Ahorro e Inversión en América Latina", J F Bellod

Category:1939 births Category:Living people Category:Alumni of the University of Oxford Category:American International Group Category:American economists Category:American Jews Category:Eli Lilly and Company Category:Fellows of Nuffield College, Oxford Category:Harvard University alumni Category:Harvard University faculty Category:Macroeconomists Category:People from Rockville Centre, New York Category:Public economists Category:People from Belmont, Massachusetts Category:People from New York City

Name	Jane Nelson
State senate	Texas
State	Texas
District	12th
Term start	2003
Preceded	Mike Moncrief
Succeeded	Incumbent
State senate2	Texas
State2	Texas
District2	9th
Term2	1995–2003
Preceded2	David Sibley
Succeeded2	Chris Harris
State senate3	Texas
State3	Texas
District3	22nd
Term3	1993–1995
Preceded3	Bob Glasgow
Succeeded3	David Sibley
Birth date	October 05, 1951
Birth place	Hamilton, Ohio
Nationality	American
Spouse	J. Michael Nelson
Party	Republican
Children	Brian, Elizabeth, Christina, Michelle, and Jennifer
Residence	Flower Mound, Texas
Alma mater	B.S., North Texas State University
Occupation	Businesswoman

Jane Gray Nelson (born 5 October 1951) is the second highest ranking Republican in the Texas Senate and serves as Chairman of the Health & Human Services Committee.

Senator Jane Nelson is a former public school teacher who represents Senate District 12, which includes portions of Tarrant and Denton counties. She joined the Senate in 1992 after two successful terms on the State Board of Education in which she led the fight to correct more than 5,000 factual errors in Texan public school textbooks.

The second highest ranking Republican in the Texas Senate, she is Chairperson of the Senate Health & Human Services Committee; the Medicaid Reform Legislative Oversight Committee; and the Joint interim Committee on Health & Human Services Eligibility. She also serves on the Finance, Government Reform, and Nominations committees, as well as Texas Legislative Council.

She authored key efforts approved by the Legislature -- the state's reform plan for Medicaid and the uninsured (SB 10); stronger protections against child abuse (SB 758); expanded physical activity in schools SB 530) and Proposition 15, establishing the Cancer Prevention & Research Institute of Texas (HJR 90).

According to the National Federation of Independent Business, she was the only State Senator to score a perfect 100% voting record in support of small business. Similarly, the Texas Association of Business named her a Champion of Free Enterprise. And, for her efforts in the fight against breast cancer, Susan G. Komen for the Cure presented her with its first-ever legislative champion award. She also received awards from the Texas Medical Association, Texas Hospital Association, and the American Cancer Society.

She and her husband, Mike, own and operate an aircraft component manufacturing company in Denton. They have five adult children and two grandsons.

Ethics Complaint

Over a 7 year period Senator Nelson paid an entity called "Twin Star" over $200,000 for a "lease". In 2007 an ethics complaint was filed with the Texas Ethics Commission alleging converting campaign contributions to personal property, in this case using her campaign funds to purchase a condo.

Over a two year period the Ethics Commission determined that indeed over $200,000 of her donor's money was used for a lease and that this lease was paid to "Twin Star" the old name of her husbands company, Mayday Manufacturing which she is a board member of. Nelson eventually sold the condo.

For reasons not disclosed and after a full 2 years of investigating the TEC dismissedthe complaint allowing her husband to keep the $200,000. The complaint can be found at: http://www.scribd.com/doc/24599955/Ethics-complaint-filed-against-Texas-state-Sen-Jane-Nelson and the TEC's response here: http://www.scribd.com/doc/24599974/Texas-Ethics-Commission-dismisses-complaint-against-state-Sen-Jane-Nelson

Election history

Election history of Nelson.

2010

2006

2002

2000

1996

1994

1992

References

External links

Senate of Texas - Senator Jane Nelson official TX Senate website

Jane Nelson campaign website

Project Vote Smart - Senator Jane Gray Nelson (TX) profile

Follow the Money - Jane Nelson

*2006 2004 2002 2000 campaign contributions

Category:1951 births Category:Living people Category:Presidents pro tempore of the Texas Senate Category:Texas State Senators Category:Texas Republicans Category:People from the Dallas – Fort Worth Metroplex Category:American businesspeople Category:Women state legislators in Texas

Name	Bill Gates
Caption	Bill Gates at the World Economic Forum in Davos, 2007
Birth date	October 28, 1955
Birth place	Seattle, Washington, United States
Nationality	American
Occupation	Chairman of MicrosoftChairman of CorbisCo-Chair of the Bill & Melinda Gates FoundationDirector of Berkshire HathawayCEO of Cascade Investment
Net worth	US$54 billion (2010)
Spouse
Children	3
Residence	Medina, WA
Alma mater	Harvard University (dropped out in 1975)
Website	Bill Gates
Signature	BillGates Signature.svg
Parents	William H. Gates, Sr.Mary Maxwell Gates

William Henry "Bill" Gates III, (born October 28, 1955) is an American business magnate, philanthropist, author and chairman of Microsoft, the software company he founded with Paul Allen. He is consistently ranked among the world's wealthiest people and was the wealthiest overall from 1995 to 2009, excluding 2008, when he was ranked third. During his career at Microsoft, Gates held the positions of CEO and chief software architect, and remains the largest individual shareholder with more than 8 percent of the common stock. He has also authored or co-authored several books.

Gates is one of the best-known entrepreneurs of the personal computer revolution. Although he is admired by many, a number of industry insiders criticize his business tactics, which they consider anti-competitive, an opinion which has in some cases been upheld by the courts. In the later stages of his career, Gates has pursued a number of philanthropic endeavors, donating large amounts of money to various charitable organizations and scientific research programs through the Bill & Melinda Gates Foundation, established in 2000.

Bill Gates stepped down as chief executive officer of Microsoft in January 2000. He remained as chairman and created the position of chief software architect. In June 2006, Gates announced that he would be transitioning from full-time work at Microsoft to part-time work and full-time work at the Bill & Melinda Gates Foundation. He gradually transferred his duties to Ray Ozzie, chief software architect and Craig Mundie, chief research and strategy officer. Gates' last full-time day at Microsoft was June 27, 2008. He remains at Microsoft as non-executive chairman.

Early life

Gates was born in Seattle, Washington, to William H. Gates, Sr. and Mary Maxwell Gates, of English, German, and Scotch-Irish descent. His family was upper middle class; his father was a prominent lawyer, his mother served on the board of directors for First Interstate BancSystem and the United Way, and her father, J. W. Maxwell, was a national bank president. Gates has one elder sister, Kristi (Kristianne), and one younger sister, Libby. He was the fourth of his name in his family, but was known as William Gates III or "Trey" because his father had dropped his own "III" suffix. Early on in his life, Gates' parents had a law career in mind for him.

At 13 he enrolled in the Lakeside School, an exclusive preparatory school. When he was in the eighth grade, the Mothers Club at the school used proceeds from Lakeside School's rummage sale to buy an ASR-33 teletype terminal and a block of computer time on a General Electric (GE) computer for the school's students. Gates took an interest in programming the GE system in BASIC and was excused from math classes to pursue his interest. He wrote his first computer program on this machine: an implementation of tic-tac-toe that allowed users to play games against the computer. Gates was fascinated by the machine and how it would always execute software code perfectly. When he reflected back on that moment, he commented on it and said, "There was just something neat about the machine." After the Mothers Club donation was exhausted, he and other students sought time on systems including DEC PDP minicomputers. One of these systems was a PDP-10 belonging to Computer Center Corporation (CCC), which banned four Lakeside students—Gates, Paul Allen, Ric Weiland, and Kent Evans—for the summer after it caught them exploiting bugs in the operating system to obtain free computer time.

At the end of the ban, the four students offered to find bugs in CCC's software in exchange for computer time. Rather than use the system via teletype, Gates went to CCC's offices and studied source code for various programs that ran on the system, including programs in FORTRAN, LISP, and machine language. The arrangement with CCC continued until 1970, when the company went out of business. The following year, Information Sciences, Inc. hired the four Lakeside students to write a payroll program in COBOL, providing them computer time and royalties. After his administrators became aware of his programming abilities, Gates wrote the school's computer program to schedule students in classes. He modified the code so that he was placed in classes with mostly female students. He later stated that "it was hard to tear myself away from a machine at which I could so unambiguously demonstrate success." In early 1973, Bill Gates served as a congressional page in the U.S. House of Representatives.

Gates graduated from Lakeside School in 1973. He scored 1590 out of 1600 on the SAT and enrolled at Harvard College in the autumn of 1973. While at Harvard, he met Steve Ballmer, who later succeeded Gates as CEO of Microsoft. In his sophomore year, Gates devised an algorithm for pancake sorting as a solution to one of a series of unsolved problems, presented in a combinatorics class by Harry Lewis, one of his professors. Gates' solution, which was later formalized in a published paper in collaboration with Harvard computer scientist Christos Papadimitriou, held the record as the fastest version for over thirty years; its successor is faster by only one percent. and spent a lot of time using the school's computers. He remained in contact with Paul Allen, joining him at Honeywell during the summer of 1974. The following year saw the release of the MITS Altair 8800 based on the Intel 8080 CPU, and Gates and Allen saw this as the opportunity to start their own computer software company. He had talked this decision over with his parents, who were supportive of him after seeing how much Gates wanted to start a company. In reality, Gates and Allen did not have an Altair and had not written code for it; they merely wanted to gauge MITS's interest. MITS president Ed Roberts agreed to meet them for a demo, and over the course of a few weeks they developed an Altair emulator that ran on a minicomputer, and then the BASIC interpreter. The demonstration, held at MITS's offices in Albuquerque, was a success and resulted in a deal with MITS to distribute the interpreter as Altair BASIC. Paul Allen was hired into MITS, and Gates took a leave of absence from Harvard to work with Allen at MITS in Albuquerque in November 1975. They named their partnership "Micro-Soft" and had their first office located in Albuquerque. This letter was unpopular with many computer hobbyists, but Gates persisted in his belief that software developers should be able to demand payment. Microsoft became independent of MITS in late 1976, and it continued to develop programming language software for various systems.

During Microsoft's early years, all employees had broad responsibility for the company's business. Gates oversaw the business details, but continued to write code as well. In the first five years, he personally reviewed every line of code the company shipped, and often rewrote parts of it as he saw fit.

IBM partnership

In 1980, IBM approached Microsoft to write the BASIC interpreter for its upcoming personal computer, the IBM PC. When IBM's representatives mentioned that they needed an operating system, Gates referred them to Digital Research (DRI), makers of the widely used CP/M operating system. IBM's discussions with Digital Research went poorly, and they did not reach a licensing agreement. IBM representative Jack Sams mentioned the licensing difficulties during a subsequent meeting with Gates and told him to get an acceptable operating system. A few weeks later Gates proposed using 86-DOS (QDOS), an operating system similar to CP/M that Tim Paterson of Seattle Computer Products (SCP) had made for hardware similar to the PC. Microsoft made a deal with SCP to become the exclusive licensing agent, and later the full owner, of 86-DOS. After adapting the operating system for the PC, Microsoft delivered it to IBM as PC-DOS in exchange for a one-time fee of $50,000. Gates did not offer to transfer the copyright on the operating system, because he believed that other hardware vendors would clone IBM's system. They did, and the sales of MS-DOS made Microsoft a major player in the industry.

Gates oversaw Microsoft's company restructuring on June 25, 1981, which re-incorporated the company in Washington state and made Gates President of Microsoft and the Chairman of the Board.

Management style

From Microsoft's founding in 1975 until 2006, Gates had primary responsibility for the company's product strategy. He aggressively broadened the company's range of products, and wherever Microsoft achieved a dominant position he vigorously defended it.

As an executive, Gates met regularly with Microsoft's senior managers and program managers. Firsthand accounts of these meetings describe him as verbally combative, berating managers for perceived holes in their business strategies or proposals that placed the company's long-term interests at risk. He often interrupted presentations with such comments as, "That's the stupidest thing I've ever heard!" and, "Why don't you just give up your options and join the Peace Corps?" The target of his outburst then had to defend the proposal in detail until, hopefully, Gates was fully convinced.

Gates's role at Microsoft for most of its history was primarily a management and executive role. However, he was an active software developer in the early years, particularly on the company's programming language products. He has not officially been on a development team since working on the TRS-80 Model 100 line, but wrote code as late as 1989 that shipped in the company's products.

Antitrust litigation

Many decisions that led to antitrust litigation over Microsoft's business practices have had Gates' approval. In the 1998 United States v. Microsoft case, Gates gave deposition testimony that several journalists characterized as evasive. He argued with examiner David Boies over the contextual meaning of words like "compete", "concerned" and "we". BusinessWeek reported:

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Gates later said that he had simply resisted attempts by Boies to mischaracterize his words and actions. As to his demeanor during the deposition, he said, "Did I fence with Boies? ... I plead guilty. Whatever that penalty is should be levied against me: rudeness to Boies in the first degree." Despite Gates's denials, the judge ruled that Microsoft had committed monopolization and tying, and blocking competition, both in violation of the Sherman Antitrust Act. As they are walking out of the mall, Seinfeld asks Gates if he has melded his mind to other developers, after getting a yes, he then asks if they are working on a way to make computers edible, again getting a yes. Some say that this is an homage to Seinfeld's own show about "nothing" (Seinfeld). In a second commercial in the series, Gates and Seinfeld are at the home of an average family trying to fit in with normal people.

Post-Microsoft

Since leaving Microsoft, Gates continues his philanthropy and, among other projects, purchased the video rights to the Messenger Lectures series called The Character of Physical Law, given at Cornell University by Richard Feynman in 1964 and recorded by the BBC. The videos are available online to the public at Microsoft's Project Tuva.

In April 2010, Gates was invited to visit and speak at the Massachusetts Institute of Technology where he asked the students to take on the hard problems of the world in their futures.

Personal life

, June 2009.]] Gates married Melinda French from Dallas, Texas on January 1, 1994. They have three children: daughters Jennifer Katharine Gates (born 1996) and Phoebe Adele Gates (born 2002), and son Rory John Gates (born 1999). The Gates' home is an earth-sheltered house in the side of a hill overlooking Lake Washington in Medina. According to King County public records, as of 2006 the total assessed value of the property (land and house) is $125 million, and the annual property tax is $991,000.

His estate has a swimming pool with an underwater music system, as well as a gym and a dining room.

Also among Gates's private acquisitions is the Codex Leicester, a collection of writings by Leonardo da Vinci, which Gates bought for $30.8 million at an auction in 1994. Gates is also known as an avid reader, and the ceiling of his large home library is engraved with a quotation from The Great Gatsby. He also enjoys playing bridge, tennis, and golf.

Gates was number one on the "Forbes 400" list from 1993 through to 2007 and number one on Forbes list of "The World's Richest People" from 1995 to 2007 and 2009. In 1999, Gates's wealth briefly surpassed $101 billion, causing the media to call him a "centibillionaire". Since 2000, the nominal value of his Microsoft holdings has declined due to a fall in Microsoft's stock price after the dot-com bubble burst and the multi-billion dollar donations he has made to his charitable foundations. In a May 2006 interview, Gates commented that he wished that he were not the richest man in the world because he disliked the attention it brought. Gates has several investments outside Microsoft, which in 2006 paid him a salary of $616,667, and $350,000 bonus totalling $966,667. He founded Corbis, a digital imaging company, in 1989. In 2004 he became a director of Berkshire Hathaway, the investment company headed by long-time friend Warren Buffett. In March 2010 Bill Gates was bumped down to the 2nd wealthiest man behind Carlos Slim.

Philanthropy

, Queen Rania of Jordan, Former British Prime Minister Gordon Brown, President Yar Adua of Nigeria and other participants in a 'Call to Action on the Millennium Development Goals' during the Annual Meeting 2008 of the World Economic Forum in Davos, Switzerland.]]

Gates began to realize the expectations others had of him when public opinion mounted that he could give more of his wealth to charity. Gates studied the work of Andrew Carnegie and John D. Rockefeller and in 1994 sold some of his Microsoft stock to create the William H. Gates Foundation. In 2000, Gates and his wife combined three family foundations into one to create the charitable Bill & Melinda Gates Foundation, which is the largest transparently operated charitable foundation in the world. The foundation is set up to allow benefactors access to how its money is being spent, unlike other major charitable organizations such as the Wellcome Trust. The generosity and extensive philanthropy of David Rockefeller has been credited as a major influence. Gates and his father have met with Rockefeller several times and have modeled their giving in part on the Rockefeller family's philanthropic focus, namely those global problems that are ignored by governments and other organizations. As of 2007, Bill and Melinda Gates were the second most generous philanthropists in America, having given over $28 billion to charity.

The foundation has also received criticism because it invests the assets that it has not yet distributed with the exclusive goal of maximizing the return on investment. As a result, its investments include companies that have been criticized for worsening poverty in the same developing countries where the Foundation is attempting to relieve poverty. These include companies that pollute heavily and pharmaceutical companies that do not sell into the developing world. In response to press criticism, the foundation announced in 2007 a review of its investments to assess social responsibility. It subsequently cancelled the review and stood by its policy of investing for maximum return, while using voting rights to influence company practices. Gates has made The Giving Pledge to donate over half of his wealth to charity.

Recognition

In 1987 Gates was officially declared a billionaire in the pages of Forbes' 400 Richest People in America issue, just days before his 32nd birthday. As the world's youngest self-made billionaire, he was worth $1.25 billion, over $900 million more than he'd been worth the year before, when he'd debuted on the list.

Time magazine named Gates , as well as one of the 100 most influential people of 2004, 2005, and 2006. Time also collectively named Gates, his wife Melinda and U2's lead singer Bono as the 2005 Persons of the Year for their humanitarian efforts. In 2006, he was voted eighth in the list of "Heroes of our time". Gates was listed in the Sunday Times power list in 1999, named CEO of the year by Chief Executive Officers magazine in 1994, ranked number one in the "Top 50 Cyber Elite" by Time in 1998, ranked number two in the Upside Elite 100 in 1999 and was included in The Guardian as one of the "Top 100 influential people in media" in 2001.

In 1994, he was honoured as the twentieth Distinguished Fellow of the British Computer Society. Gates has received honorary doctorates from Nyenrode Business Universiteit, Breukelen, The Netherlands, in 2000; the Royal Institute of Technology, Stockholm, Sweden, in 2002; Waseda University, Tokyo, Japan, in 2005; Tsinghua University, Beijing, China, in April 2007; Harvard University in June 2007; the Karolinska Institutet, Stockholm, in January 2008, and Cambridge University in June 2009. He was also made an honorary trustee of Peking University in 2007. Gates was also made an honorary Knight Commander of the Order of the British Empire (KBE) by Queen Elizabeth II in 2005, in addition to having entomologists name the Bill Gates flower fly, Eristalis gatesi, in his honor.

In November 2006, he and his wife were awarded the Order of the Aztec Eagle for their philanthropic work around the world in the areas of health and education, particularly in Mexico, and specifically in the program "Un país de lectores". In October 2009, it was announced that Gates will be awarded the 2010 Bower Award for Business Leadership of The Franklin Institute for his achievements in business and for his philanthropic work. In 2010 he was honored with the Silver Buffalo Award by the Boy Scouts of America, its highest award for adults, for his service to youth.

Investments

Cascade Investments LLC, a private investment and holding company, incorporated in United States, is controlled by Bill Gates, and is headquartered in the city of Kirkland, WA.

bgC3, a new think-tank company founded by Bill Gates.

Corbis, a digital image licensing and rights services company.

TerraPower, a nuclear reactor design company.

Bibliography

Gates has authored two books:

The Road Ahead (1995)

Business @ the Speed of Thought (1999)

Filmography

Gates has appeared in at least one film: Waiting For Superman

See also

List of billionaires (also see List of college dropout billionaires and List of wealthiest non-inflated historical figures)

Paul Allen – Microsoft's co-founder, friend, and fellow billionaire

Books

References

Further reading

"The Meaning of Bill Gates: As his reign at Microsoft comes to an end, so does the era he dominated", The Economist, June 28, 2008.

External links

The Official Site of Bill Gates – The Gates Notes

Biography of Bill Gates at Microsoft.com

Forbes profile page on Bill Gates

Bill & Melinda Gates Foundation

How I Work: Bill Gates

TED Talks: Bill Gates trying to change the world now at TED in 2009

Category:American billionaires Category:American computer businesspeople Category:American chief executives Category:American computer programmers Category:American philanthropists Category:American technology writers Category:Bill & Melinda Gates Foundation people Category:Businesspeople in software Category:Harvard University people Category:Honorary Knights Commander of the Order of the British Empire Category:Members of the United States National Academy of Engineering Category:Microsoft employees Category:History of Microsoft Category:National Medal of Technology recipients Category:People from Seattle, Washington Category:People from King County, Washington Category:Windows people Category:Fellows of the British Computer Society Category:American people of Scottish descent Category:1955 births Category:Living people Category:Time Persons of the Year

Name	Bill Clinton
Order	42nd
Office	President of the United States
Term start	January 20, 1993
Term end	January 20, 2001
Vicepresident	Al Gore
Predecessor	George H. W. Bush
Successor	George W. Bush
Order2	40th and 42nd
Office2	Governor of Arkansas
Term start2	January 9, 1979
Term end2	January 19, 1981
Lieutenant2	Joe Purcell
Predecessor2	Joe Purcell (Acting)
Successor2	Frank D. White
Term start3	January 11, 1983
Term end3	December 12, 1992
Lieutenant3	Winston Bryant (1983-1991)Jim Guy Tucker (1991-1992)
Predecessor3	Frank D. White
Successor3	Jim Guy Tucker
Order4	50th
Office4	Arkansas Attorney General
Term start4	January 3, 1977
Term end4	January 9, 1979
Predecessor4	Jim Guy Tucker
Successor4	Steve Clark
Birth date	August 19, 1946
Birth place	Hope, Arkansas
Birthname	William Jefferson Blythe III
Party	Democratic
Spouse	Hillary Rodham Clinton
Children	Chelsea Clinton (b. 1980)
Profession	Lawyer
Alma mater	Georgetown University (B.S.) University College, OxfordYale Law School (J.D.)
Religion	Baptist
Signature	Signature of Bill Clinton.svg
Signature alt	Cursive signature in ink
Website	William J. Clinton Presidential Library

William Jefferson "Bill" Clinton (born William Jefferson Blythe III, August 19, 1946) served as the 42nd President of the United States from 1993 to 2001. At 46 he was the third-youngest president. He became president at the end of the Cold War, and was the first baby boomer president. His wife, Hillary Rodham Clinton, is currently the United States Secretary of State. Each received a Juris Doctor (J.D.) from Yale Law School.

Clinton has been described as a New Democrat. Some of his policies, such as the North American Free Trade Agreement and welfare reform, have been attributed to a centrist Third Way philosophy of governance, while on other issues his stance was left of center. Clinton presided over the continuation of an economic expansion that would later become the longest period of peace-time economic expansion in American history. The Congressional Budget Office reported a budget surplus in 2000, the last full year of Clinton's presidency. After a failed attempt at health care reform, Republicans won control of the House of Representatives in 1994, for the first time in forty years. Two years later, in 1996, Clinton was re-elected and became the first member of the Democratic Party since Franklin D. Roosevelt to win a second full term as president. Later he was impeached for perjury and obstruction of justice in connection with a scandal involving a White House intern, but was subsequently acquitted by the U.S. Senate.

Clinton left office with the highest end-of-office approval rating of any U.S. president since World War II. Clinton created the William J. Clinton Foundation to promote and address international causes such as treatment and prevention of HIV/AIDS and global warming.

In 2004, he released his autobiography My Life, and was involved in his wife Hillary's 2008 presidential campaign and subsequently in that of President Barack Obama. In 2009, he was named United Nations Special Envoy to Haiti. In the aftermath of the 2010 Haiti earthquake, Clinton teamed with George W. Bush to form the Clinton Bush Haiti Fund.

Early life and career

.]] in Washington, D.C., receiving a degree in 1968, during which he ran for President of the Student Council.]]

Bill Clinton was born William Jefferson Blythe, III, in Hope, Arkansas. His father, William Jefferson Blythe, Jr., was a traveling salesman who died in an automobile accident three months before Bill was born. The family moved to Hot Springs in 1950.

Although he assumed use of his stepfather's surname, it was not until Billy (as he was known then) turned fourteen that he formally adopted the surname Clinton as a gesture toward his stepfather.

In Hot Springs, Clinton attended St. John's Catholic Elementary School, Ramble Elementary School, and Hot Springs High School - where he was an active student leader, avid reader, and musician.

With the aid of scholarships, Clinton attended the Edmund A. Walsh School of Foreign Service at Georgetown University in Washington, D.C., receiving a Bachelor of Science in Foreign Service (B.S.) degree in 1968. He spent the summer of 1967, the summer before his senior year, interning for Arkansas Senator J. William Fulbright. He is a member of Kappa Kappa Psi's National Honorary Band Fraternity, Inc.

Upon graduation, he won a Rhodes Scholarship to University College, Oxford where he studied Philosophy, Politics and Economics, though as a result of switching programs and leaving early for Yale, he did not obtain a degree there. He developed an interest in rugby union, playing at Oxford and later for the Little Rock Rugby club in Arkansas. While at Oxford he also participated in Vietnam War protests, including organizing an October 1969 Moratorium event.

Clinton's political opponents charge that to avoid being drafted into the Vietnam War during his college years, he used the political influence of a U.S. Senator, who employed him as an aide. Col. Eugene Holmes, an Army officer who was involved in Clinton's case, issued a notarized statement during the 1992 presidential campaign: "...I was informed by the draft board that it was of interest to Senator Fullbright's office that Bill Clinton, a Rhodes Scholar, should be admitted to the ROTC program... I believe that he purposely deceived me, using the possibility of joining the ROTC as a ploy to work with the draft board to delay his induction and get a new draft classification."

Clinton did not join the ROTC program, but the temporary ROTC status prevented him from being drafted. This was not illegal, but it became a source of criticism from conservatives and some Vietnam veterans.

After Oxford, Clinton attended Yale Law School and obtained a Juris Doctor (J.D.) degree in 1973.

The Clintons' personal and business affairs during the 1980s included transactions which became the basis of the Whitewater investigation which dogged his later presidential administration. After extensive investigation over several years, no indictments were made against the Clintons related to the years in Arkansas.

He defeated a total of four Republican candidates for governor: Lowe (1978), White (1982 and 1986), and businessmen Woody Freeman of Jonesboro, (1984) and Sheffield Nelson of Little Rock (1990).

Democratic presidential primaries of 1988

with President Ronald Reagan and first lady Nancy Reagan, 1987.]] In 1987 there was media speculation Clinton would enter the race after then-New York Governor Mario Cuomo declined to run and Democratic front-runner Gary Hart withdrew owing to revelations of marital infidelity. Clinton decided to remain as Arkansas governor (following consideration for the potential candidacy of Hillary Rodham Clinton for governor, initially favored – but ultimately vetoed – by the First Lady). For the nomination, Clinton endorsed Massachusetts Governor Michael Dukakis. However, he did give the opening night address at the 1988 Democratic National Convention, which was nationally televised, but it was criticized for length. Presenting himself as a moderate and a member of the New Democrat wing of the Democratic Party, he headed the moderate Democratic Leadership Council in 1990 and 1991.

1992 presidential campaign

Due to his youthful appearance, he was often called the "Boy Governor". In the first contest, the Iowa caucus, he finished a very distant third to Iowa Senator Tom Harkin. During the campaign for the New Hampshire Primary reports of an extramarital affair with Gennifer Flowers surfaced. As Clinton fell far behind former Massachusetts Senator Paul Tsongas in the New Hampshire polls, Finally, conservatives were previously united by anti-communism, but with the end of the Cold War, the party lacked a uniting issue. When Pat Buchanan and Pat Robertson addressed Christian themes at the Republican National Convention – with Bush criticizing Democrats for omitting God from their platform – many moderates were alienated. Clinton then pointed to his moderate, "New Democrat" record as governor of Arkansas, though some on the more liberal side of the party remained suspicious. Many Democrats who had supported Ronald Reagan and Bush in previous elections switched their allegiance to Clinton.

Clinton's election ended twelve years of Republican rule of the White House and twenty of the previous twenty-four years. The election gave Democrats full control of the United States Congress. Further concern arose when Bill Clinton announced that, with Hillary, voters would be getting two presidents "for the price of one".

Presidency, 1993–2001

During his presidency, Clinton advocated for a wide variety of legislation and programs, much of which was enacted into law and/or was implemented by the executive branch. At the very end of his presidency, Clinton moved to New York and helped his wife get elected to the U.S. Senate there.

First term, 1993–1997

during his 1993 presidential inauguration.]]

Clinton was inaugurated as the 42nd President of the United States on January 20, 1993. In his inaugural address he declared:

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Clinton in his first address to the nation on February 15, 1993, announced his intention to raise taxes to cap the budget deficit.

On February 17, 1993, in a nationally televised address to a joint session of Congress, Clinton unveiled his economic plan. The plan focused on deficit reduction rather than a middle-class tax cut, which had been high on his campaign agenda. (Clinton was pressured by his advisers, including Robert Rubin formerly of Goldman Sachs, to raise taxes on the theory that a smaller federal budget deficit would reduce bond interest rates.) (In December 2010, Clinton defended President Barack Obama’s compromise with the Republican congressional leadership, extending the George W. Bush’s era tax cuts, which many Democrats felt unfairly favored the wealthy.)

Shortly after taking office, Clinton signed the Family and Medical Leave Act of 1993, which required large employers to allow employees to take unpaid leave for pregnancy or a serious medical condition. While this action was popular, Clinton's attempt to fulfill another campaign promise of allowing openly homosexual men and women to serve in the armed forces garnered criticism from the left (for being too tentative in promoting gay rights) and from the right (who opposed any effort to allow homosexuals to serve). After much debate, Congress implemented the "Don't ask, don't tell" policy, stating as long as homosexuals keep their sexuality secret, they may serve in the military. Some gay rights advocates criticized Clinton for not going far enough and accused him of making his campaign promise to get votes and contributions. These advocates feel Clinton should have integrated the military by executive order, noting President Harry Truman used executive order to racially desegregate the armed forces. Clinton's defenders argue an executive order might have prompted the Democratic Senate to write the exclusion of homosexuals into law, potentially making it harder to integrate the military in the future.

The Clinton administration launched the first official White House website on October 21, 1994. It was followed by three more versions, resulting in the final edition launched in 2000. The White House website was part of a wider movement of the Clinton administration toward web-based communication. According to Robert Longley, "Clinton and Gore were responsible for pressing almost all federal agencies, the U.S. court system and the U.S. military onto the Internet, thus opening up America's government to more of America's citizens than ever before. On July 17, 1996, Clinton issued Executive Order 13011 - Federal Information Technology, ordering the heads of all federal agencies to fully utilize information technology to make the information of the agency easily accessible to the public."

who negotiated lifting the remaining sanctions on South Africa.]] Also in 1993, Clinton controversially supported ratification of the North American Free Trade Agreement by the U.S. Senate. Clinton, along with most of his Democratic Leadership Committee allies, strongly supported free trade measures; there remained, however, strong intra-party disagreement. Opposition came chiefly from anti-trade Republicans, protectionist Democrats and supporters of Ross Perot. The bill passed the house with 234 votes against 200 opposed (132 Republicans and 102 Democrats voting in favor; 156 Democrats, 43 Republicans, and 1 independent against). The treaty was then ratified by the Senate and signed into law by the President on January 1, 1994.

On November 30, 1993, Clinton signed into law the Brady Bill, which imposed a five-day waiting period on handgun purchases. He also expanded the Earned Income Tax Credit, a subsidy for low-income workers. In 1999, Clinton signed the Gramm–Leach–Bliley Act, a bank deregulation bill that repealed a Depression-era law known as Glass-Steagall.

One of the most prominent items on Clinton's legislative agenda was the result of a taskforce headed by Hillary Clinton, which was a health care reform plan aimed at achieving universal coverage via a national health care plan. Though initially well-received in political circles, it was ultimately doomed by well-organized opposition from conservatives, the American Medical Association, and the health insurance industry. However, John F. Harris, a biographer of Clinton's, states the program failed because of a lack of co-ordination within the White House. and raised taxes on the wealthiest 1.2% of taxpayers. Additionally, through the implementation of spending restraints, it mandated the budget be balanced over a number of years.

As part of a 1996 initiative to curb illegal immigration, Clinton signed the Illegal Immigration Reform and Immigrant Responsibility Act (IIRIRA). Appointed by Clinton, the U.S. Commission on Immigration Reform called for reducing legal immigration to about 550,000 a year. The proposals drew criticism from a wide range of business, ethnic and religious groups.

Senators Ted Kennedy – a Democrat – and Orrin Hatch, a Republican, teamed up with Hillary Rodham Clinton and her staff in 1997 and succeeded in passing legislation forming the Children's Health Insurance Program, the largest (successful) health care reform in the years of the Clinton Presidency. That same year Hillary Clinton shepherded through Congress the Adoption and Safe Families Act and two years later Rodham Clinton succeeded in helping pass the Foster Care Independence Act. President Bill Clinton supported both bills as well, and signed both of them into law.

Travelgate controversy

Clinton fired seven employees of the White House Travel Office in May 1993, giving rise to a controversy, though the Travel Office staff served at the pleasure of the President, and could be dismissed without cause. The White House responded to the controversy by claiming that the firings were done because of financial improprieties that had been revealed by a brief FBI investigation. Critics contended the firings had been done to allow friends of the Clintons to take over the travel business and that the involvement of the FBI was unwarranted.

White House FBI files controversy

The White House FBI-files controversy of June 1996 arose concerning improper access by the White House to FBI security-clearance documents. Craig Livingstone, head of the White House Office of Personnel Security, improperly requested, and received from the FBI, background report files without asking permission of the subject individuals; many of these were employees of former Republican administrations. In March 2000, Independent Counsel Robert Ray determined that there was no credible evidence of any criminal activity. Ray's report further stated "there was no substantial and credible evidence that any senior White House official was involved" in seeking the files.

Death penalty

The application of the federal death penalty was expanded to include crimes not resulting in death – such as running a large-scale drug enterprise – by Clinton's 1994 Omnibus Crime Bill. During Clinton's re-election campaign he said, "My 1994 crime bill expanded the death penalty for drug kingpins, murderers of federal law enforcement officers, and nearly 60 additional categories of violent felons."

While campaigning for U.S. President, the then Governor Clinton returned to Arkansas to see that Ricky Ray Rector would be executed. After killing a police officer and a civilian, Rector shot himself in the head, leading to what his lawyers said was a state where he could still talk but didn't understand the concept of death. According to Arkansas state and Federal law, a seriously mentally impaired inmate cannot be executed. The courts disagreed with the allegation of grave mental impairment and allowed the execution. Clinton's return to Arkansas for the execution was framed in a New York Times article as a possible political move to counter "soft on crime" accusations.

According to some sources, Clinton was in his early years a death penalty opponent who switched positions. During Clinton's term, Arkansas performed its first executions since 1964 (the death penalty was re-enacted on March 23, 1973). As Governor, he oversaw four executions: one by electric chair and three by lethal injection. However, Clinton was the first President to pardon a death-row inmate since the federal death penalty was reintroduced in 1988. Federal executions were resumed under his successor George W. Bush.

Assassination attempt

Law professor Ken Gromley's book The Death of American Virtue reveals that Clinton escaped a 1996 assassination attempt in the Philippines by terrorists working for Osama bin Laden. During his visit to the Asia Pacific Economic Cooperation forum in Manila in 1996, he was saved shortly before his car was due to drive over a bridge where a bomb had been planted. Gromley said he was told the details of the bomb plot by Louis Merletti, a former director of the Secret Service. Clinton was scheduled to visit a local politician in central Manila, when secret service officers intercepted a message suggesting that an attack was imminent. A transmission used the words "bridge" and "wedding", supposedly a terrorist's code words for assassination. The motorcade was re-routed and the US agents later discovered a bomb planted under the bridge. The report said the subsequent US investigation into the plot "revealed that it was masterminded by a Saudi terrorist living in Afghanistan named Osama bin Laden". Gromley said "It remained top secret except to select members of the US intelligence community. At the time, there were media reports about the discovery of two bombs, one at Manila airport and another at the venue for the leaders' meeting".

Second term, 1997–2001

for his work toward European integration.]] Cohen presents President Clinton the DoD Medal for Distinguished Public Service.]]

In the 1996 presidential election, Clinton was re-elected, receiving 49.2% of the popular vote over Republican Bob Dole (40.7% of the popular vote) and Reform candidate Ross Perot (8.4% of the popular vote), becoming the first Democratic incumbent since Lyndon Johnson to be elected to a second term and the first Democrat since Franklin Roosevelt to be elected President more than once. The Republicans lost a few seats in the House and gained a few in the Senate, but retained control of both. Clinton received 379, or over 70% of the Electoral College votes, with Dole receiving 159 electoral votes.

Lewinsky scandal

Clinton's sexual relationship with a 22-year-old White House intern named Monica Lewinsky led to the Lewinsky scandal. the House began impeachment hearings before the mid-term elections. Although the mid-term elections held in November 1998 were at the 6-year point in an 8-year presidency (a time in the electoral cycle where the party holding the White House usually loses Congressional seats), the Democratic Party gained several seats. To hold impeachment proceedings, the Republican leadership called a lame duck session in December 1998.

presiding.]]

While the House Judiciary Committee hearings ended in a straight-party-line vote, there was lively debate on the House floor. The two charges passed in the House (largely on the basis of Republican support, but with a handful of Democratic votes as well) were for perjury and obstruction of justice. The perjury charge arose from Clinton's testimony about his relationship to Monica Lewinsky during a sexual harassment lawsuit (later dismissed, appealed and settled for $850,000) brought by former Arkansas state employee Paula Jones. The obstruction charge was based on his actions during the subsequent investigation of that testimony. The Senate later voted to acquit Clinton on both charges. The Senate refused to convene to hold an impeachment trial before the end of the old term, so the trial was held over until the next Congress. Clinton was represented by Washington law firm Williams & Connolly.

The Senate concluded a twenty-one day trial on February 12, 1999, with the vote on both counts falling short of the Constitutional two-thirds majority requirement to convict and remove an office holder. The final vote was generally along party lines, with no Democrats voting guilty. Some Republicans voted not guilty for both charges. On the perjury charge, fifty-five senators voted to acquit, including ten Republicans, and forty-five voted to convict; on the obstruction charge the Senate voted 50-50.

Law license suspension

In 2000 the Arkansas Supreme Court's Committee on Professional Conduct called for Clinton's disbarment, saying he lied about his affair with Monica Lewinsky.

In January 2001 Clinton reached an agreement under which he was ordered to pay $25,000 in fines to Arkansas state's bar officials and his Arkansas law license was suspended for five years. The agreement came on the condition that Whitewater prosecutors would not pursue federal perjury charges against him. Clinton was suspended by the Supreme Court in October 2001, and, facing disbarment from that court, Clinton resigned from the Supreme Court bar in November.

Military and foreign events

Paul Fletcher, USAF, before boarding Air Force One, November 4, 1999.]] Numerous military events occurred during Clinton's presidency. The Battle of Mogadishu also occurred in Somalia in 1993. During the operation, two U.S. MH-60 Black Hawk helicopters were shot down by rocket-propelled grenade attacks to their tail rotors, trapping soldiers behind enemy lines. This resulted in an urban battle that killed 18 American soldiers, wounded 73 others, and one was taken prisoner. There were many more Somali casualties. Some of the American bodies were dragged through the streets – a spectacle broadcast on television news programs. In response, U.S. forces were withdrawn from Somalia and later conflicts were approached with fewer soldiers on the ground.

In 1995 U.S. and NATO aircraft attacked Bosnian Serb targets to halt attacks on U.N. safe zones and to pressure them into a peace accord. Clinton deployed U.S. peacekeepers to Bosnia in late 1995 to uphold the subsequent Dayton Agreement.

In response to the 1998 al-Qaeda bombings of U.S. embassies in East Africa that killed a dozen Americans and hundreds of Africans, Clinton ordered cruise missile strikes on terrorist targets in Afghanistan and Sudan. He was subsequently criticized when it turned out that a pharmaceutical plant in Sudan (originally alleged to be a chemical warfare plant) had been destroyed. , May 5, 1999.]] To stop the ethnic cleansing and genocide of Albanians by nationalist Serbians in the former Federal Republic of Yugoslavia's province of Kosovo, Clinton authorized the use of American troops in a NATO bombing campaign against Yugoslavia in 1999, named Operation Allied Force. General Wesley Clark was Supreme Allied Commander of NATO and oversaw the mission. With United Nations Security Council Resolution 1244, the bombing campaign ended on June 10, 1999. The resolution placed Kosovo under UN administration and authorized a peacekeeping force. NATO announced that its forces had suffered zero combat deaths, and two deaths from an Apache helicopter crash. Opinions in the popular press criticized pre-war genocide statements by the Clinton administration as greatly exaggerated. A U.N. Court ruled genocide did not take place, but recognized, "a systematic campaign of terror, including murders, rapes, arsons and severe maltreatments". The term "ethnic cleansing" was used as an alternative to "genocide" to denote not just ethnically motivated murder but also displacement, though critics charge there is no difference. Slobodan Milošević, the President of Yugoslavia at the time, was eventually charged with the "murders of about 600 individually identified ethnic Albanians" and "crimes against humanity."

In Clinton's 1998 State of the Union Address, he warned Congress of Iraqi dictator Saddam Hussein's possible pursuit of nuclear weapons: }}

holding a joint press conference at the White House, October 29, 1997.]]

To weaken Saddam Hussein's grip of power, Clinton signed H.R. 4655 into law on October 31, 1998, which instituted a policy of "regime change" against Iraq, though it explicitly stated it did not speak to the use of American military forces. The administration then launched a four-day bombing campaign named Operation Desert Fox, lasting from December 16 to December 19, 1998. For the last two years of Clinton's presidency U.S. aircraft routinely attacked hostile Iraqi anti-air installations inside the Iraqi no-fly zones.

Clinton's November 2000 visit to Vietnam was the first by a U.S. President since the end of the Vietnam War. Clinton remained popular with the public throughout his two terms as President, ending his presidential career with a 65% approval rating, the highest end-of-term approval rating of any President since Dwight D. Eisenhower. Further, the Clinton administration signed over 270 trade liberalization pacts with other countries during its tenure. On October 10, 2000, Clinton signed into law the U.S.–China Relations Act of 2000, which granted PNTR trade status to People's Republic of China. The president asserted that free trade would gradually open China to democratic reform. Clinton also oversaw a boom of the U.S. economy. Under Clinton, the United States had a projected federal budget surplus for the first time since 1969.

After initial successes such as the Oslo accords of the early 1990s, Clinton attempted to address the Arab-Israeli conflict. Clinton brought Israeli Prime Minister Ehud Barak and Palestinian Authority Chairman Yasser Arafat together at Camp David. The situation broke down completely with the start of the Second Intifada.

A U.S. Securities and Exchange Commission investigation did result in convictions against the McDougals for their role in the Whitewater project, but the Clintons themselves were never charged, and Clinton maintains innocence in the affair.

Attempted capture of Osama bin Laden

Capturing Osama bin Laden has been an objective of the United States government since the presidency of Bill Clinton. It has been asserted that in 1996 while the Clinton Administration had begun pursuit of the policy, the Sudanese government allegedly offered to arrest and extradite Bin Laden as well as to provide the United States detailed intelligence information about growing militant organizations in the region, including Hezbollah and Hamas, and that U.S. authorities allegedly rejected each offer, despite knowing of bin Laden's involvement in bombings on American embassies in Kenya and Tanzania.

In 1998, two years after the warning, the Clinton administration ordered several military missions to capture or kill bin Laden that failed.

Troopergate

Troopergate is the popular name of a scandal involving allegations by two Arkansas state troopers that they arranged sexual liaisons for then-Governor Bill Clinton. The allegations by state troopers Larry Patterson and Roger Perry were first reported by David Brock in the American Spectator in 1993, then confirmed the next day in The Los Angeles Times. The story mentioned a woman named Paula, a reference to Paula Jones. Brock later apologized to Clinton, saying the article was politically motivated "bad journalism" and that "the troopers were greedy and had slimy motives."

Pardons and campaign finance

Clinton issued 141 pardons and 36 commutations on his last day in office on January 20, 2001. Most of the controversy surrounded Marc Rich and allegations that Hillary Clinton's brother, Hugh Rodham, accepted payments in return for influencing the president's decision-making regarding the pardons. Some of Clinton's pardons remain a point of controversy.

The 1996 United States campaign-finance controversy was an alleged effort by the People's Republic of China (PRC) to influence the domestic policies of the United States, prior to and during the Clinton administration, and also involved the fundraising practices of the administration itself.

Judicial appointments

Clinton appointed the following justices to the Supreme Court: Ruth Bader Ginsburg - 1993 Stephen Breyer - 1994

In addition to his two Supreme Court appointments, Clinton appointed 66 judges to the United States Courts of Appeals, and 305 judges to the United States district courts. His total of 373 judicial appointments is second in American history, behind Ronald Reagan's. Clinton also experienced a number of judicial appointment controversies, as 24 nominees to 20 different federal appellate judgeships were not processed by the Republican-controlled Senate Judiciary Committee.

Public opinion

throughout his presidential career.]]

Clinton's job approval rating ranged from 36% in mid-1993 to 64% in late 1993 and early 1994. In his second term, his rating consistently ranged from the high-50s to the high-60s. After his impeachment proceedings in 1998 and 1999, Clinton's rating reached its highest point at 73% approval. He finished with an approval rating of 68%, which matched those of Ronald Reagan and Franklin D. Roosevelt as the highest ratings for departing presidents in the modern era.

As he was leaving office, a CNN/USA TODAY/Gallup poll revealed 45% said they would miss him. While 55% thought he "would have something worthwhile to contribute and should remain active in public life", 68% thought he would be remembered for his "involvement in personal scandal", and 58% answered "No" to the question "Do you generally think Bill Clinton is honest and trustworthy?". 47% of the respondents identified themselves as being Clinton supporters. 47% said he would be remembered as either "outstanding" or "above average" as a president while 22% said he would be remembered as "below average" or "poor".

The Gallup Organization published a poll in February 2007 asking respondents to name the greatest president in U.S. history; Clinton came in fourth place, capturing 13% of the vote. In a 2006 Quinnipiac University poll asking respondents to name the best president since World War II, Clinton ranked 3% behind Ronald Reagan to place second with 25% of the vote. However, in the same poll, when respondents were asked to name the worst president since World War II, Clinton placed 1% behind Richard Nixon and 18% behind George W. Bush to come in third with 16% of the vote.

In May 2006, a CNN poll comparing Clinton's job performance with that of his successor, George W. Bush, found that a strong majority of respondents said Clinton outperformed Bush in six different areas questioned. ABC News characterized public consensus on Clinton as, "You can't trust him, he's got weak morals and ethics and he's done a heck of a good job." Clinton's 66% Gallup Poll approval rating was also the highest Gallup approval rating of any postwar President leaving office, three points ahead of Reagan.

In March 2010, a Newsmax/Zogby poll asking Americans which of the current living former presidents they think is best equipped to deal with the problems the country faces today, found that a wide margin of respondents would pick Bill Clinton. Clinton received 41% of the vote, while former President George W. Bush received 15%, former President George H. W. Bush received 7%, and former President Jimmy Carter received 5%. Although 26% chose "none", and 5% were not sure, Clinton maintained the highest percentage.

Public image

As the first baby boomer president, Clinton was the first president in a half-century not to have been shaped by World War II. Authors Martin Walker and Bob Woodward state Clinton's innovative use of soundbite-ready dialogue, personal charisma, and public perception-oriented campaigning was a major factor in his high public approval ratings. When Clinton played the saxophone on The Arsenio Hall Show, he was described by some religious conservatives as "the MTV president." Standing at a height of 6'2" (1.88 m), Clinton is tied with five others as the fourth-tallest president in the nation's history.

Clinton drew strong support from the African American community and made improving race relations a major theme of his presidency. In 1998, Nobel Prize-winning author Toni Morrison in The New Yorker called Clinton "the first Black president", saying, "Clinton displays almost every trope of blackness: single-parent household, born poor, working-class, saxophone-playing, McDonald's-and-junk-food-loving boy from Arkansas", and comparing Clinton's sex life, scrutinized despite his career accomplishments, to the stereotyping and double standards that blacks typically endure.

In 2008, Morrison's sentiments were raised anew as Barack Obama, who would later become the country's first African-American President, ran for the presidency. After endorsing Obama, Morrison distanced herself from her 1998 remark about Clinton, saying that it was misunderstood. She noted that she has "no idea what his real instincts are, in terms of race" and said she was only describing the way he was being treated during the impeachment trial as an equivalent to a poor black person living in the ghetto. Obama himself, when asked in a Democratic debate about Morrison's declaration of Clinton as "black", replied that Clinton had an enormous "affinity" with the black community, but joked he would need to see Clinton's dancing ability before judging "accurately [...] whether he was, in fact, a brother".

Sexual misconduct allegations

Throughout his career, Clinton has been subject to various allegations of sexual misconduct, though only his extramarital relationships with Monica Lewinsky and Gennifer Flowers have been admitted by him.

For alleged misconduct during his governorship Paula Jones brought a sexual harassment lawsuit against Clinton while he was president. Clinton argued that as a sitting president, he should not be vulnerable to a civil suit of this nature. The case landed in the U.S. Supreme Court. The Supreme Court held that "Deferral of this litigation until petitioner's Presidency ends is not constitutionally required."

However, a U.S. judge in Arkansas, Susan Webber Wright, ruled that since Jones had not suffered any damages, the case should be dismissed. On April 2, 1998, Judge Susan Webber Wright dismissed Jones' lawsuit. On July 31, 1998, Jones appealed the dismissal to the United States Court of Appeals for the Eighth Circuit.

During the deposition for the Jones lawsuit which was held at the White House, Clinton denied having sexual relations with Monica Lewinsky a denial that became the basis for the impeachment charge of perjury.

On November 18, 1998, Clinton agreed to an out-of-court settlement, and agreed to pay Jones and her attorneys a sum of $850,000.00. Clinton, however, still offered no apology to Jones and still denied ever engaging in a sexual affair with her. Gennifer Flowers, Elizabeth Ward Gracen, Sally Perdue, and Dolly Kyle Browning each have reported having adulterous sexual relations with Clinton during or before his service as governor. Gracen later apologized to Hillary Clinton.

Dolly Kyle Browning alleged that she and Clinton engaged in a long sexual affair. Browning began writing a "semi-autobiographical novel" about the affair. In the publication process, Browning asserted that Clinton did everything in his power to prohibit and undermine publication. Browning sued Clinton for damages, but the US Court of Appeals denied her appeal.

Post-presidential career

, dedicated in 2004.]] in January 2005.]] , Laura Bush, George H. W. Bush, Condoleezza Rice, and Andrew Card pay their respects to Pope John Paul II before the pope's funeral in April 2005.]]

Just as Clinton was leaving elective office, his wife was entering it, as a U.S. Senator from New York. Bill Clinton proceeded to give speeches around the world, often for over $100,000 a speech. Altogether, Clinton has spoken at the last six Democratic National Conventions, dating back to 1988.

Activities up until 2008 campaign

In 2002 Clinton warned that pre-emptive military action against Iraq may have unwelcome consequences. In 2005, Clinton criticized the Bush administration for its handling of emissions control, while speaking at the United Nations Climate Change Conference in Montreal.

The William J. Clinton Presidential Center and Park in Little Rock, Arkansas was dedicated in 2004. Clinton released an autobiography, My Life in 2004. In 2007, he released, which became a bestseller and garnered positive reviews.

In the aftermath of the 2005 Asian tsunami, U.N. Secretary-General Kofi Annan appointed Clinton to head a relief effort. After Hurricane Katrina, Clinton established, with fellow former President George H. W. Bush, the Bush-Clinton Katrina Fund and Bush-Clinton Tsunami Fund. As part of the tsunami effort, these two ex-presidents appeared in a Super Bowl XXXIX pre-game show, and traveled to the affected areas. They also spoke together at the funeral of Boris Yeltsin.

The William J. Clinton Foundation includes the Clinton Foundation HIV and AIDS Initiative (CHAI), which strives to combat that disease, and has worked with the Australian government toward that end. The Clinton Global Initiative (CGI), begun by the Clinton Foundation in 2005, attempts to address world problems such as global public health, poverty alleviation and religious and ethnic conflict. In 2005, Clinton announced through his foundation an agreement with manufacturers to stop selling sugared beverages in schools. Clinton's foundation joined with the Large Cities Climate Leadership Group in 2006 to improve cooperation among those cities, and he met with foreign leaders to promote this initiative. He also spoke in favor of California Proposition 87 on alternative energy, which was voted down.

The foundation has received donations from a number of governments in the Middle East. In 2008, Mr. Clinton travelled to Kazakhstan with Canadian mining magnate Frank Giustra who then won three lucrative uranium mining contracts from the Kazakh government, and Giustra donated $US31 million to Mr. Clinton's charity. Many were especially critical of him following his remarks in the South Carolina primary, which Obama won. Later in the 2008 primaries, there was some infighting between Bill and Hillary's staffs, especially in Pennsylvania. Based on Bill's remarks, many thought that he couldn't rally Hillary supporters behind Obama after Obama won the primary. Such remarks lead to apprehension that the party would be split to the detriment of Obama's election. Fears were allayed August 27, 2008 when Clinton enthusiastically endorsed Obama at the 2008 Democratic National Convention, saying that all his experience as president assures him that Obama is "ready to lead".

After 2008 election

In 2009, Clinton travelled to North Korea on behalf of two American journalists imprisoned in North Korea. Euna Lee and Laura Ling had been imprisoned for illegally entering the country from China. Jimmy Carter had made a similar visit in 1994.

Also in 2009, Clinton was named United Nations Special Envoy to Haiti.

In 2010, Clinton announced support and delivered the keynote address for the inauguration of NTR, Ireland's first ever environmental foundation.

Post-presidential health concerns

In September 2004, Clinton received a quadruple bypass surgery. In March 2005 he underwent surgery for a partially collapsed lung. On February 11, 2010, he was rushed to Columbia Presbyterian Hospital in New York City after complaining of chest pains, and had two coronary stents implanted in his heart. As a guest on the final show of Larry King Live, King awkwardly stated that they were both members of the "zipper club". King later explained that he was referring to the zipper chest scar from open heart surgery, to which Clinton responded, "I'm glad you clarified that, Larry". It has been widely reported that Clinton has become a vegan for health reasons, but he still occasionally eats fish.

Honors and accolades

Clinton has received many honorary degrees. Schools have been named for him, and statues do homage him. He has been honored in various other ways, in countries that include the Czech Republic, New Guinea, Germany, and Kosovo. U.S. states where he has been honored include Missouri, Arkansas, Kentucky, and New York.

In 1993 Clinton was selected as Time Magazine's "Man of the Year", and again in 1998, along with Ken Starr.

From a poll conducted of the American people in December 1999, Clinton was among eighteen included in Gallup's List of Widely Admired People of the 20th century.

In 2004, he received a Grammy Award for Best Spoken Word Album for Children for narrating the Russian National Orchestra's album Wolf Tracks and Peter and the Wolf (along with Mikhail Gorbachev and Sophia Loren) and 2005 Grammy Award for Best Spoken Word Album for My Life. In 2005, he received the J. William Fulbright Prize for International Understanding, and 2007 TED Prize (named for the confluence of technology, entertainment and design).

On June 2, 2007, Clinton, along with former president George H.W. Bush, received the International Freedom Conductor Award, for their help with the fund raising following the tsunami that devastated South Asia in 2004. On June 13, 2007, Clinton was honored by the Global Business Coalition on HIV/AIDS, Tuberculosis and Malaria alongside eight multinational-companies for his work to defeat HIV/AIDS.

On September 9, 2008, Bill Clinton was named as the next chairman of the National Constitution Center in Philadelphia, Pennsylvania. His term began January 1, 2009 and he succeeded Fmr. President George H. W. Bush.

In December 2010 Bill Clinton was named PETA's 2010 person of the year for using his influence "to promote the benefits of following a vegan diet."

References

Further reading

Primary sources

Clinton, Bill. My Life. (2004). ISBN 0-375-41457-6.

--- (with Al Gore). Science in the National Interest. Washington, D.C.: The White House, August 1994.

--- (with Al Gore). The Climate Change Action Plan. Washington, D.C.: The White House, October 1993.

--- (with Al Gore). Technology for America's economic growth, a new direction to build economic strength. Washington, D.C.: The White House, February 22, 1993.

Sidney Blumenthal The Clinton Wars. (2003). ISBN 0-374-12502-3

Taylor Branch The Clinton Tapes: Wrestling History with the President. (2009) Simon and Schuster. ISBN 9781416543336

Kenneth Starr The Starr Report: The Findings of Independent Counsel Kenneth W. Starr on President Clinton and the Lewinsky Affair (1998) ISBN 1-891620-24-X

George Stephanopoulos All Too Human: A Political Education (1998) ISBN 0-316-92919-0

S. Daniel Abraham Peace is Possible, foreword by Bill Clinton

Popular books

Peter Baker The Breach: Inside the Impeachment and Trial of William Jefferson Clinton (2000) ISBN 0-684-86813-X

James Bovard Feeling Your Pain: The Explosion and Abuse of Government Power in the Clinton-Gore Years (2000) ISBN 0-312-23082-6

Joe Conason and Gene Lyons The Hunting of the President: The Ten-Year Campaign to Destroy Bill and Hillary Clinton (2003) ISBN 0-312-27319-3

Elizabeth Drew On the Edge: The Clinton Presidency (1994) ISBN 0-671-87147-1

David Gergen Eyewitness to Power: The Essence of Leadership. (2000) ISBN 0-684-82663-1

Nigel Hamilton Bill Clinton: An American Journey (2003) ISBN 0-375-50610-1

John F. Harris The Survivor: Bill Clinton in the White House (2005) ISBN 0-375-50847-3

Christopher Hitchens No One Left to Lie to: The Triangulations of William Jefferson Clinton (1999) ISBN 1-85984-736-6

Michael Isikoff Uncovering Clinton: A Reporter's Story (1999) ISBN 0-609-60393-0

Mark Katz Clinton and Me: A Real-Life Political Comedy (2004) ISBN 978-0-7868-6949-7

Joe Klein The Natural: The Misunderstood Presidency of Bill Clinton (2003) ISBN 0-7679-1412-0

David Maraniss First in His Class: A Biography of Bill Clinton (1996) ISBN 0-684-81890-6

David Maraniss The Clinton Enigma: A Four and a Half Minute Speech Reveals This President's Entire Life (1998) ISBN 0-684-86296-4

Dick Morris with Eileen McGann Because He Could (2004) ISBN 0-06-078415-6

Roger Morris (American writer) Partners in Power: The Clintons and Their America (1996) ISBN 0-89526-302-5

Richard A. Posner An Affair of State: The Investigation, Impeachment, and Trial of President Clinton (1999) ISBN 0-674-00080-3

Mark J. Rozell The Clinton Scandal and the Future of American Government (2000) ISBN 0-87840-777-4

Michael Waldman POTUS Speaks: Finding the Words That Defined the Clinton Presidency (2000) ISBN 0-7432-0020-9

Ivory Tower Publishing Company (1995) ISBN 0-88032-748-0

Academic studies

Cohen; Jeffrey E. "The Polls: Change and Stability in Public Assessments of Personal Traits, Bill Clinton, 1993-99" Presidential Studies Quarterly, Vol. 31, 2001

Cronin, Thomas E. and Michael A. Genovese; "President Clinton and Character Questions" Presidential Studies Quarterly Vol. 28, 1998

Davis; John. "The Evolution of American Grand Strategy and the War on Terrorism: Clinton and Bush Perspectives" White House Studies, Vol. 3, 2003

Edwards; George C. "Bill Clinton and His Crisis of Governance" Presidential Studies Quarterly, Vol. 28, 1998

Fisher; Patrick. "Clinton's Greatest Legislative Achievement? the Success of the 1993 Budget Reconciliation Bill" White House Studies, Vol. 1, 2001

Glad; Betty. "Evaluating Presidential Character" Presidential Studies Quarterly, Vol. 28, 1998

Gormley, Kenneth, The Death of American Virtue: Clinton vs Starr. Crown. (2010) ISBN 9780307409447

Harris, John F. The Survivor: Bill Clinton in the White House. (2005) ISBN 0-375-50847-3, biography

William G. Hyland. Clinton's World: Remaking American Foreign Policy (1999) ISBN 0-275-96396-9

Jewett, Aubrey W. and Marc D. Turetzky; " Stability and Change in President Clinton's Foreign Policy Beliefs, 1993-96" Presidential Studies Quarterly, Vol. 28, 1998

Johnson, Fard. "Politics, Propaganda and Public Opinion: The Influence of Race and Class on the 1993 - 1994 Health Care Reform Debate." (2004). ISBN 1-4116-6345-4

Laham, Nicholas, A Lost Cause: Bill Clinton's Campaign for National Health Insurance (1996)

Lanoue, David J. and Craig F. Emmert; "Voting in the Glare of the Spotlight: Representatives' Votes on the Impeachment of President Clinton" Polity, Vol. 32, 1999

Livingston, C. Don, Kenneth A. Wink; "The Passage of the North American Free Trade Agreement in the U.S. House of Representatives: Presidential Leadership or Presidential Luck?" Presidential Studies Quarterly, Vol. 27, 1997

Maurer; Paul J. "Media Feeding Frenzies: Press Behavior during Two Clinton Scandals" Presidential Studies Quarterly, Vol. 29, 1999

Nie; Martin A. "'It's the Environment, Stupid!': Clinton and the Environment" Presidential Studies Quarterly, Vol. 27, 1997

O'Connor; Brendon. "Policies, Principles, and Polls: Bill Clinton's Third Way Welfare Politics 1992-1996" The Australian Journal of Politics and History, Vol. 48, 2002

Poveda; Tony G. "Clinton, Crime, and the Justice Department" Social Justice, Vol. 21, 1994

Renshon; Stanley A. The Clinton Presidency: Campaigning, Governing, and the Psychology of Leadership Westview Press, 1995

Renshon; Stanley A. "The Polls: The Public's Response to the Clinton Scandals, Part 1: Inconsistent Theories, Contradictory Evidence" Presidential Studies Quarterly, Vol. 32, 2002

Rushefsky, Mark E. and Kant Patel. Politics, Power & Policy Making: The Case of Health Care Reform in the 1990s (1998) ISBN 1-56324-956-1

Schantz, Harvey L. Politics in an Era of Divided Government: Elections and Governance in the Second Clinton Administration (2001) ISBN 0-8153-3583-0

Wattenberg; Martin P. "The Democrats' Decline in the House during the Clinton Presidency: An Analysis of Partisan Swings" Presidential Studies Quarterly, Vol. 29, 1999

Wattier; Mark J. "The Clinton Factor: The Effects of Clinton's Personal Image in 2000 Presidential Primaries and in the General Election" White House Studies, Vol. 4, 2004

Smithers, Luken J. "The Miracle Whip"

External links

;Official

White House biography

Clinton Presidential Materials Project Archive of press releases and speech transcripts from the administration.

Clinton Presidential Library official website

Clinton School of Public Service

;Organizations

William J. Clinton Foundation official website

Clinton Global Initiative official website

;Talks and interviews

Oral History Interview with Bill Clinton from Oral Histories of the American South

TED Prize Wish: Bill Clinton on rebuilding Rwanda at TED in 2007

President Clinton: The Youtube Interview

The Wanderer- A profile of Clinton in The New Yorker, September 18, 2006, the most extensive interview in his post-presidency

;Articles

Full audio of a number of Clinton speeches via the Miller Center of Public Affairs (UVa)

Extensive essays on Bill Clinton and shorter essays on each member of his cabinet and First Lady from the Miller Center of Public Affairs

Armigerous American Presidents Series article from the American Heraldry Society.

Encyclopedia of Arkansas History & Culture entry: Bill Clinton

;Books and movies

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