Clinton Global Initiative

Bill Clinton Reveals Something Not Generally Known: Only Chile And Mexico Among OECD Nations Taxes Capital Gains Lower Than US!

OECD, the Organization For Economic Cooperation And Development, consists of 34 nations, that promote democracy and the market economy, and consists of nations in Europe, Latin America, Asia, the Middle East, and Canada and Australia and New Zealand.

Their goal is to promote economic growth, and they hold regular meetings of delegations to accomplish that goal.

But former President Bill Clinton, arguing today at the Clinton Global Initiative in New York City, made the point in interviews, that wealthy people in America are indeed very privileged, and his wife, Secretary of State Hillary Clinton, also made that point in a speech.

The reason for both Clintons stating this is the statistic on Capital Gains on the wealthy, and the stunning reality that our 15 percent Capital Gains tax on investments in this nation, brought about by Republican action in Congress in the past decade, and helping to cause the budget crisis we face now, is the THIRD lowest of all the 34 nations in OECD, with only Chile and Mexico being lower!

So wealthy people are getting a real advantage on capital gains, as for instance Mitt Romney has had in the past decade, but also with income tax cuts for the wealthy in the past ten years, one could say that the wealthy are “making out like bandits”, as the saying goes, which is much too accurate!

13 Former Presidents And Public Service After The Presidency

With Presidents Day upon us, another interesting point of investigation about the American Presidency is the extent of public service of former Presidents.

The Presidents who remained active public figures after their Presidency, chronologically, were:

President John Quincy Adams (1825-1829), who served as a Congressman from Boston from 1830-1848, dying on the House floor during a debate over expansion of slavery into the territories gained from the Mexican War.

President Martin Van Buren (1837-1841), who after his difficult term in office due to the Panic of 1837, attempted to come back to the Presidency in 1844, failing at that venture, but running as the Presidential candidate of the Free Soil Party in 1848, the forerunner of the Republican Party.

President John Tyler (1841-1845), who renounced his American citizenship, and served for one year in the Confederate Congress before his death in 1862, which was not officially acknowledged by the United States government, due to his treason, as Americans saw it.

President Millard Fillmore (1850-1853), who after completing Zachary Taylor’s unfinished term without much distinction, came back and ran as the Presidential candidate of the American (Know Nothings) Party, an anti immigrant party, in the 1856 Presidential election, winning only Maryland in the Electoral College, and then went back into obscurity.

President Andrew Johnson (1865-1869), who served a few months as US Senator from Tennessee in 1875, serving alongside many of that body who had voted to remove him from office in the Impeachment trial of 1868, but died after those few months in the upper chamber.

President Theodore Roosevelt (1901-1909), who remained active, and ran for President on the third party Progressive Party line in 1912 against his own successor, William Howard Taft, and by running, helped to elect Woodrow Wilson as the next President. He also wrote and made speeches incessantly on every public topic imaginable!

President William Howard Taft (1909-1913), who was appointed Chief Justice of the Supreme Court by President Warren G. Harding in 1921, served nine years, and helped to plan the construction of the Supreme Court Building, which opened five years after he left the Court.

President Herbert Hoover (1929-1933), who served on the Hoover Commission on Organization of the Executive Branch of Government under appointment by President Harry Truman after World War II. Hoover also kept active in writing, and speaking up about public affairs.

President Richard Nixon (1969-1974), stayed active, writing about ten books and doing a lot of traveling around the world, and was an informal adviser to every President after him, including Bill Clinton in whose first term he passed away.

President Jimmy Carter (1977-1981) remained extremely active in his post Presidential years, writing over 20 books, forming the Carter Center to promote peace and diplomacy, and the fight against many diseases, and working for Habitat for Humanity in the construction of housing for the poor. He also had innumerable interviews and constantly spoke his mind on all kinds of domestic and foreign policy issues, and that continues today.

President Bill Clinton (1993-2001) followed in the steps of Jimmy Carter, promoting regular activity through his Clinton Global Initiative, and also promoting earthquake relief in Haiti in 2010 in tandem with President George W. Bush (2001-2009). Also, Clinton was involved in promotion of relief for victims of Hurricane Katrina in 2005 and the Indian Ocean tsunami in 2004 with former President George H. W. Bush (1989-1993). He also has been interviewed regularly and published many books and articles.

So these are the contributions, after being President, of 13 Presidents, and it is highly likely that President Barack Obama will continue that tradition, leaving office, whether in 2013 or 2017, as one of the youngest retired Presidents in our history as a nation!

A Generation Of Bill Clinton: An Active, Historic, Influential Legacy!

Today marks a generation, 20 years, of Bill Clinton being a national figure, with him announcing his candidacy for the Democratic nomination for President on this date in 1991.

Considered an underdog at the time, few expected that the Arkansas Governor would end up as our 42nd President!

Bill Clinton went on to serve two full terms in the White House, the only Democrat to do so since Franklin D. Roosevelt.

Today, at age 65, having survived bypass heart surgery in 2005; having overcome impeachment charges in 1998-1999; having had a major impact on American history during his years as President from 1993-2001; having been involved in the unsuccessful attempt of his wife, Hillary Clinton, to be the Democratic nominee for President in 2008; and having seen her succeed in the US Senate and now as Secretary of State under President Barack Obama, Clinton has been “giving back” to America and the world through his Clinton Global Initiative project, and is seen as one of the leading world statesmen!

Bill Clinton has pleased at times, and infuriated at times, those who have witnessed his historic roles in the past twenty years, including the author who has long had mixed feelings about his legacy and his private behavior.

But there is no doubt that Bill Clinton is still a national treasure, and that his Presidential Library in Little Rock will be a much visited place over the years by tourists and scholars, trying to analyze and evaluate the man and his Presidency.

So this is a moment to celebrate for Bill Clinton personally, and for the nation at large!