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Line 110: − − === National Homeownership Strategy === − On June 5, 1995 Clinton along with HUD Secretary [[Henry Cisneros]] unveiled one hundred things the Clinton administration planned to do to "increase home ownership to two-thirds of the population."<ref> ''My Life'', Bill Clinton, Knopf, 2004, p. 658; [http://confoundedinterest.files.wordpress.com/2013/01/nhsdream2.pdf The National Homeownership Strategy,] U.S. Department of Housing and Urban Development, MAY 1995. </ref> Line 126:
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→1993-1997, U.S. Presidency: chrono
Critics cite the modern bailout culture of the [[Recession of 2008]] as originating with Clinton's Mexican bailout. It was allegedly designed to help Mexico using $20 billion from the U.S. Treasury Department's [[Exchange Stabilization Fund]] by [[Executive Order]]. Congress did not authorize it. And it was done, not for the Mexican banks sake, but for the big [[Wall Street]] banks, Citibank, Bankers Trust, and others that were over-exposed to risk for bad loans they made in Mexico. PBS's [[Bill Moyers]] calls it "[[Crony capitalism]]", "and so the idea got started that Washington would be there with a prop, with a bailout, with a helping hand." <ref>[http://billmoyers.com/episode/crony-capitalism/ Crony Capitalism,] Moyers and Company, PBS, January 20, 2012. </ref>
Critics cite the modern bailout culture of the [[Recession of 2008]] as originating with Clinton's Mexican bailout. It was allegedly designed to help Mexico using $20 billion from the U.S. Treasury Department's [[Exchange Stabilization Fund]] by [[Executive Order]]. Congress did not authorize it. And it was done, not for the Mexican banks sake, but for the big [[Wall Street]] banks, Citibank, Bankers Trust, and others that were over-exposed to risk for bad loans they made in Mexico. PBS's [[Bill Moyers]] calls it "[[Crony capitalism]]", "and so the idea got started that Washington would be there with a prop, with a bailout, with a helping hand." <ref>[http://billmoyers.com/episode/crony-capitalism/ Crony Capitalism,] Moyers and Company, PBS, January 20, 2012. </ref>
=== Budget and tax increases ===
=== Budget and tax increases ===
In 1995 President Clinton and Congressional Republicans fought a bitter battle over the new federal [[budget]]. Clinton vetoed the Republican's efforts to move toward a balanced budget, claiming that it cut social programs. Speaker Gingrich believed that Clinton would back down and approve the budget. If not, the entire government would shut down because of lack of funds. Clinton allowed just that, and by doing so gained political capital by successfully blaming that shut down on Republicans. Clinton always opposed a balanced budget until it was reality.<ref>[http://www.cato.org/publications/commentary/no-bill-clinton-didnt-balance-budget No, Bill Clinton Didn’t Balance the Budget,] By Stephen Moore, October 8, 1998. Cato Institute. </ref>
In 1995 President Clinton and Congressional Republicans fought a bitter battle over the new federal [[budget]]. Clinton vetoed the Republican's efforts to move toward a balanced budget, claiming that it cut social programs. Speaker Gingrich believed that Clinton would back down and approve the budget. If not, the entire government would shut down because of lack of funds. Clinton allowed just that, and by doing so gained political capital by successfully blaming that shut down on Republicans. Clinton always opposed a balanced budget until it was reality.<ref>[http://www.cato.org/publications/commentary/no-bill-clinton-didnt-balance-budget No, Bill Clinton Didn’t Balance the Budget,] By Stephen Moore, October 8, 1998. Cato Institute. </ref>
=== National Homeownership Strategy ===
On June 5, 1995 Clinton along with HUD Secretary [[Henry Cisneros]]<ref>Cisneros, along with DNC Chairman Christopher Dodd and cabinet Secretary Donna Shalala, was implicated in the Countrywide Mortgage lending scandal for receiving special favors and treatment while in office.</ref> unveiled one hundred things the Clinton administration planned to do to "increase home ownership to two-thirds of the population"<ref> ''My Life'', Bill Clinton, Knopf, 2004, p. 658; [http://confoundedinterest.files.wordpress.com/2013/01/nhsdream2.pdf The National Homeownership Strategy,] U.S. Department of Housing and Urban Development, MAY 1995. </ref> in the United States.
===Don't ask don't tell ===
===Don't ask don't tell ===