Giving, by Bill Clinton: on Corporations


Bill Clinton: Since 2001, 40-year high in corporate profit, but flat wa

[Since I left office in the] United States we have had five years of economic growth, worker productivity increases, and a forty-year high in corporate profits, but median wages are flat, and the poverty rate among working families has the percentage of people without health insurance. Increased outsourcing of production and services has intensified insecurity. Most of the economic gains of this decade have gone to those people with the top 10 percent of incomes. And amidst all our wealth, there are people who are hungry, homeless, jobless, ill, disabled, desperate, isolated, and ignored. There are children with dreams that will die without a helping hand.

The modern world, for all its blessings, is unequal, unstable, and unsustainable.

Source: Giving, by Bill Clinton, p. 4 Sep 4, 2007

Bill Clinton: 1980s: microcredit in rural Arkansas; 1990s: same across

In Bangladesh. Grameen Bank makes small loans to poor people, 97 percent of them women. Without requiring collateral or even a signed agreement, Grameen has an astonishing loan recovery rate of 98.3 percent, and has earned a profit in since it came into existence.

Over the last twenty-five years, Grameen's success has inspired people all over the world. In the mid-1980s, Hillary and I raised funds to open a microcredit facility to spur development in rural Arkansas, Grameen model. During my 1990s White House years, I secured funds from Congress to support microcredit programs and establish community development banks in the United States, and to provide about two million microcredit loans a year i developing countries.

Today, millions of loans are being made every year by microcredit institutions.

Source: Giving, by Bill Clinton, p. 6-7 Sep 4, 2007

Bill Clinton: Since 2001, 40-year high in corporate profit, but flat wages

[Since I left office in the] United States we have had five years of economic growth, worker productivity increases, and a forty-year high in corporate profits, but median wages are flat, and the poverty rate among working families has risen, as has the percentage of people without health insurance. Increased outsourcing of production and services has intensified insecurity. Most of the economic gains of this decade have gone to those people with the top 10 percent of incomes. And amidst all our wealth, there are people who are hungry, homeless, jobless, ill, disabled, desperate, isolated, and ignored. There are children with dreams that will die without a helping hand.

The modern world, for all its blessings, is unequal, unstable, and unsustainable.

Source: Giving, by Bill Clinton, p. 4 Sep 4, 2007

Bill Clinton: 1980s: microcredit in rural Arkansas; 1990s: same across US

In Bangladesh. Grameen Bank makes small loans to poor people, 97% of them women. Without requiring collateral or even a signed agreement, Grameen has an astonishing loan recovery rate of 98.3%, and has earned a profit in all but 3 years since it came into existence.

Over the last twenty-five years, Grameen's success has inspired people all over the world. In the mid-1980s, Hillary and I raised funds to open a microcredit facility to spur development in rural Arkansas, based on the Grameen model. During my 1990s White House years, I secured funds from Congress to support microcredit programs and establish community development banks in the United States, and to provide about two million microcredit loans a year in developing countries.

Today, millions of loans are being made every year by microcredit institutions.

Source: Giving, by Bill Clinton, p. 6-7 Sep 4, 2007

  • The above quotations are from Giving
    How Each of Us Can Change the World

    by Bill Clinton
    .
  • Click here for definitions & background information on Corporations.
  • Click here for other issues (main summary page).
  • Click here for more quotes by Bill Clinton on Corporations.
  • Click here for more quotes by Hillary Clinton on Corporations.
2012 Presidential contenders on Corporations:
  Democrats:
Pres.Barack Obama(IL)
V.P.Joe Biden(DE)

Republicans:
Gov.Mitt Romney(MA)
Rep.Paul Ryan(WI)
Third Parties:
Green: Dr.Jill Stein(MA)
Libertarian: Gov.Gary Johnson(NM)
Justice: Mayor Rocky Anderson(UT)
Constitution: Rep.Virgil Goode(VA)
Peace+Freedom: Roseanne Barr(HI)
Reform Party: André Barnett(NY)
AmericansElect: Gov.Buddy Roemer(LA)
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Page last updated: Apr 23, 2013