![]() ![]() But he played down his outstanding achievement. With neither age nor a personal fortune on his side, Clinton became the youngest Governor in the whole of America. But in 1978, at the age of 32, Clinton succeeded in becoming Governor of Arkansas.Ĭlinton: I, Bill Clinton, do solemnly swear…. And he was having to borrow money.Īnd so were the Clintons, on the eve of Bill’s first run for Governor, when he desparately needed it for campaigning. People were not borrowing money for this kind of thing. Under Jimmy Carter interest rates rose to 20, 21 %. The Clintons were locked into an ill-timed $203,000 loan with Jim McDougal.Įrnie Dumas: Interest rates were rising dramatically if you remember back in the late seventies. People were retiring into pretty elaborate retirement communities throughout these mountains. It’s one of the remotest parts of the state and in the 1970’s a lot of people were moving from the mid-west. In the early 70’s lots were selling everywhere in the mountains.Įrnie Dumasformer Arkansas newspaper editor: You can see how beautiful it is. One of America’s best for carp fishing and an idyllic place to retire. Whether this party goes on to greatness or to failure lies in large measure in your hands. Jim McDougal: So I will say to you that the hour of your destiny has struck. ![]() They gained a 50% share in the Whitewater Development Corporation. He persuaded them to invest in 200 acres of undeveloped land in Arkansas. Once a millionaire banker and land developer, Jim McDougal was a friend. This is the man who brought the Clintons into the tangled web of Whitewater. Clinton has faced scores of detailed investigations into his murky past and an endless series of reports of his wrongdoing. Where Kennedy was stopped by a bullet, Clinton’s opponents have tried to assassinate his character. Let us put aside personal advantage so that we can feel…Ĭlinton’s agenda for change, radical only in the American context, has exposed deep ideological rifts in his society, and made him bitter enemies. Six years on, the world held its breath as the most intimate details of Bill Clinton’s adulterous sex life were published via the internet.Ĭlinton: I, William Jefferson Clinton do solemnly swear that I will faithfully execute the office of President of the United States.īill Clinton had come out of the blue to end 12 long years of Republican rule that seemed to have entrenched the right in power.Ĭlinton: Let us resolve to reform our politics so that power and privilege no longer shout down the voice of the people. Let that be our cause, our committment and our new covenant. A country that once again lifts its people and inspires the world. In 1992 the most powerful office in the world was won by the Governor of an obscure and impoverished Southern state… who promised America a new deal…īill Clinton: A country of boundless hopes and endless dreams.
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