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Bill Clinton

42nd President of the United States, 1993–2001

Recorded said elsewhere, not written here
If I had to make the welfare decision again tomorrow, I’d sign it again tomorrow. We had a 60 percent reduction in the welfare rolls. We had an enormous percentage of poor people move into the workforce, start middle-class lifestyles, and when we had a brief tech recession of six months in 2001, after I left office, people who had moved from welfare to work were less likely to be laid off than the general working population. So I would do it again.

Academy of Achievement interview source ↗

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George Lucas Filmmaker; creator of Star Wars and founder of Lucasfilm
Yeah, and it’s made it considerably more difficult. It’s funny when you look back now, because everybody’s sort of copied those films. They’re so ingrained in the culture now, it’s almost impossible to think there was a point where those things were completely odd and unique.
Recorded Academy of Achievement, Academy of Achievement interview, Skywalker Ranch, California, 1 June 1999 source ↗
Wisława Szymborska Poet and essayist; Nobel laureate in Literature, 1996
But my answer is this: inspiration is not the exclusive privilege of poets or artists generally. There is, has been, and will always be a certain group of people whom inspiration visits. It’s made up of all those who’ve consciously chosen their calling and do their job with love and imagination. It may include doctors, teachers, gardeners – and I could list a hundred more professions. Their work becomes one continuous adventure as long as they manage to keep discovering new challenges in it. Difficulties and setbacks never quell their curiosity. A swarm of new questions emerges from every problem they solve. Whatever inspiration is, it’s born from a continuous “I don’t know.”
Recorded Swedish Academy, Stockholm, 7 December 1996, The Nobel Foundation (nobelprize.org), 7 December 1996 source ↗
Richard Hamming Mathematician and computer scientist; Turing Award, 1968
When you are famous it is hard to work on small problems. This is what did Shannon in. After information theory, what do you do for an encore? The great scientists often make this error. They fail to continue to plant the little acorns from which the mighty oak trees grow. They try to get the big thing right off. And that isn't the way things go. So that is another reason why you find that when you get early recognition it seems to sterilize you. In fact I will give you my favorite quotation of many years. The Institute for Advanced Study in Princeton, in my opinion, has ruined more good scientists than any institution has created, judged by what they did before they came and judged by what they did after.
Recorded Bell Communications Research Colloquium Seminar, Morristown, New Jersey, Bell Communications Research Colloquium Seminar (transcription hosted by the University of Virginia Department of Computer Science), 7 March 1986 source ↗
Lee Berger Palaeoanthropologist; University of the Witwatersrand
There was very much a real feel that we probably pretty much discovered every major fossil field in Africa. And in fact, some scientists even wrote that down at the turn of the millennia. It wasn’t a great time to be proposing to explore and push new, because we hadn’t succeeded, theoretically, being given the chance. All the big discoveries were in old sites. ... I was still an extraordinary believer in that there was more out there to be discovered. I just wasn’t demonstrating.
Recorded Academy of Achievement recorded interview, American Academy of Achievement, 25 October 2012 source ↗

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Question Which teacher, parent, coach, or friend most made you who you are, and what did you learn from them? Relationships
So Quigley taught a course called “The History of Civilizations,” and at the end, he said that the great gift of Western civilization to the human race was the idea of progress in a very specific way. He said it was the idea that the future can be better than the present and that every single person, not just the rulers, not just the elected leaders, not just the billionaires, every person has a personal moral obligation to make it so, to keep it going, to make the future better. And it resonated with me. I thought, “That’s the purpose of politics.” It made me really think even more than I had before that I might like a career in public service. It also made me aware of why in the aftermath of something like the 2008 crash you are going to have so much disorientation and anger and frustration because too many people have gotten up every day, and some still do, and looked in the mirror and thought all their tomorrows were going to be like yesterday. It’s the ultimate disempowerment. There’s nothing you can do for yourself, and even worse, for your family. It’s going to be all the same, and Quigley made us understand that our whole culture in Western civilization was designed to counter that, to believe that you personally could make a difference, and I never got over it.
Recorded Academy of Achievement interview source ↗
Question What does happiness look like for you when life is going well? Identity & self
Yeah. I’m the luckiest person who ever lived, you know? I worked hard, like a demon. Some would say too hard from time to time, and I over-married, and I had a magnificent child. I have been incredibly fortunate, but I had the American Dream, and it didn’t matter to anybody that nobody in my family had ever been to college.
Recorded Academy of Achievement interview source ↗
Question What is the biggest professional obstacle you have faced? Craft & work
I do think my mother had a lot to do with that. I mean, after all, you know her — it was not near as bad as having your husband die in a car wreck after — he survives World War II. They had a great life planned, and he gets killed in a car wreck, not because of a concussion, but because in a fluke, the tire blows out on his car. He’s thrown out of the car. He lands in a ditch in a field, and the ditch is full of water, and he can’t get out of the ditch before he drowns. There’s — it made it look a little whiny for me to be all bent out of shape about losing an election, and I realized that it was a weird deal. It was 1980. It was Reagan’s election. It was a period not unlike now, widespread resentment over the stagnant economy, the Iran hostage crisis, and I bet I had a hundred people coming to — I’m not exaggerating — coming to me and saying, “God, Bill, I didn’t know you were going to lose. I just voted against you to because I didn’t like some of the things you’d done.” And I remember once — one of the funniest things that ever happened to me. I was driving over to see my mother. I lived in Little Rock, and she lived in Hot Springs 50 miles away, and in the middle of the trip was a little country store owned by a guy who ran the elections in that area and was real smart, so I went in to get a Coke, and started talking to him. And this little boy came up to me in overalls, and he said, “You’re Bill Clinton, aren’t you?” I said, “Yes.” He said, “I helped to beat you. I cost you 11 votes, and it was no accident.” I said, “You did?” He said, “Yeah.” He said, “It was me, my wife, our two boys and their wives, and five of my friends. We just decked you.” I said, “Why’d you do it?” He said, “I had to because you raised my car tax. The car license.” And so we’re standing on the interstate. I said, “Look over there. You remember when I was governor? That highway broke wide open, and even big trucks were off in the ditch, and I had to send the National Guard down here to clean it up, and we had to fix it.” He said, “Yeah, I remember. I don’t care. I still didn’t want to pay it.” So I was laughing at the guy, and I said, “Let me ask you something.” I said, “If I ever ran again, would you vote for me?” He said, “Absolutely.” I said, “You would?” He said, “Sure. We’re even now.” And I went — and there were no cell phones, so I had a dime. I went and put it in the payphone, and I called Hillary, and I said, “You know, I’m not dead yet. We might have to run again.
Recorded Academy of Achievement interview source ↗
Question What do you need to believe in order to get through an ordinary day? Values & belief
Yeah, there were a lot of brave people who stood up. Then, you know, it cost Martin Luther King and Medgar Evers and the three civil rights workers in Philadelphia, Mississippi, and Viola Liuzza and a lot of the others their lives, but they were on the right side of history, and they believed if they made this sacrifice that it would work out. And whenever I get discouraged about everything they stood against rising up again, I realize there just are no public, or permanent, victories. You have to keep fighting for freedom.
Recorded Academy of Achievement interview source ↗
Question Which book reshaped how you think, and in what way? Taste & recommendation
Oh, yeah. I spent a lot of time in the public library. When we moved I was seven years old, and I got a library card, and I used to go to the library all the time, and I loved all the, you know, standard children’s novels. I love those Biblical epics, but my favorite books when I was a child were books about Native Americans: tribal leaders; Osceola, who brought the alphabet to the Seminoles; Chief Joseph of the Nez Perce; and the standard ones that were heroes in all the Western movies. But I was fascinated. The Cherokee had moved across my state on the Trail of Tears when they were expelled from the East and then moved over to the reservation lands. I became fascinated with what happened to the Native Americans and the struggle that many were undertaking then — and they still try to preserve their traditions and their way of life, their ties to the land, and still provide education and participate in the life of the country. I was interested in it then. I’m interested in it now. The Native Americans in our country who don’t have casinos on their tribal lands still have the lowest per capita income of any ethnic group in America. It’s a disgrace, and when I became president I was the first president since James Monroe in the 1820s to invite all the tribal leaders to the White House, and it was fascinating. Some of the ones who came from lands that had casinos flew in on their private jets. A lot of the others had to pass the hat in the reservation to raise enough money to pay for a plane ticket, and they all came, and we began to meet, and I learned a lot from them.
Recorded Academy of Achievement interview source ↗
Question If you could revise one chapter of your past, what would you change? Failure & regret
There was another bill that I think did make a contribution to the crash that I wish I had vetoed for symbolic reasons. They would have overturned my veto. And that was a bill that allowed banks to engage in all these derivatives, like collateralized debt obligations, without sufficient collateral. Now, it passed overwhelmingly. Almost every Democrat voted for it, and we all wanted it because it reauthorized something I’ll call the Community Reinvestment Act. The Community Reinvestment Act, if the government enforces it, requires every bank in America to reinvest some money where they take deposits. And we’ve got 800 billion dollars of investment under it when I was president. Ninety-six percent of all the money that had ever been invested under it, going back to the 1970s, was in those eight years. See, it was a goldmine of broad-based prosperity, and I wanted it badly, and a lot of other Democrats did, and we voted for it, but it would have been overridden, the veto. And I wish I had vetoed it because I never believed — I had a big argument with Alan Greenspan. He said, “But these things only affect investors with 100 million dollars or more. They can take care of themselves.” I said, “Yeah, I don’t care if they lose 100 million, but you don’t understand. If 100 of them lose 100 million, or 1,000 of them lose 100 million, it can wreck the whole rest of the economy,” which is essentially what happened in the housing crisis. So I wish — it would have become law anyway. I wish I had vetoed that and sounded the alarm.
Recorded Academy of Achievement interview source ↗

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