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At the 2009 World Economic Forum, former President Bill Clinton jokes about Vladimir Putin's comments on free enterprise. Clinton then defends creating a 'bad bank' -- though he doesn't favor the term -- to spur economic stimulus.
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Former President William J. Clinton discusses the current economic crisis and what he feels are the biggest problems of 2009 at the World Economic Forum in Davos, Switzerland.
William Jefferson "Bill" Clinton (born William Jefferson Blythe III on August 19, 1946) was the 42nd President of the United States, serving from 1993 to 2001. Clinton served five terms as the Governor of Arkansas. His wife, Hillary Rodham Clinton, is currently the junior U.S. Senator from New York.
During his tenure as president, his domestic priorities included efforts to create a universal healthcare system, to improve education, to restrict handgun sales, to balance the federal budget, to strengthen environmental regulations, to improve race relations, and to protect the jobs of workers during pregnancy or medical emergency. His domestic agenda also included other themes such as reforming welfare programs, expanding the "War on Drugs", and increasing law enforcement funding. Internationally, his priorities included reducing trade barriers, preventing nuclear proliferation, and mediating the Northern Ireland peace process and Israeli-Palestinian conflicts.
