independence. if you want an independent counsel, you re-enact the statute. at that particular time, whitewater seemed to be to be a relatively small issue, but the only way to get it out of the way was to get somebody to come in and investigate, actually, what happened. in january 1994, the calls for a whitewater investigation followed president clinton overseas as he attended an international summit on arms control and nonproliferation. but the international diplomacy was overshadowed by questions from back home. finally, it got to the point where the politically smart thing to do became the appointment of a special counsel. the president, today, has directed white house counsel bernard nussbaum to request the attorney general to appoint a special counsel. after the announcement, reno said she would honor the president s request. it is important that public confidence be preserved. thus, i do not think we can wait until the independent-counsel statute is re-enacted. she
around the country. and she was the one, really, who uncovered the problems at madison guaranty savings and loan. the fact that the clintons were mentioned in the article made it important, because the possibility existed that their actions may have caused a loss to the u.s. taxpayers by virtue of their action with this real-estate deal. as jean lewis started her digging, the article went largely unnoticed. meanwhile, bill clinton was on the path to becoming his party s nominee and eventually doing what many thought impossible taking down a popular incumbent president. [ cheers and applause ] the people have spoken, and we respect the majesty of the democratic system. i still believe in a place called hope. god bless america. thank you all.
check. i don t know why i did, except that jim was a really good salesman. but the loans would not be enough to save madison savings and loan. in the mid- 80s, the savings and loans began to drop like flies. by march of 1989, madison had failed, requiring a $60 million taxpayer bailout. jim mcdougal had also bottomed out. susan had left him, he had been hospitalized for manic depression, and he was facing potential jail time. perhaps foreshadowing how politically toxic jim would soon become, the once-close friendship with bill clinton deteriorated. the relationship that once seemed so promising ended formally in 1992. just as clinton s star was rising. today, i proudly announce my candidacy for president of the united states of america. [ cheers and applause ] great news, liberty mutual customizes-
all practical purposes, the attorney general of the united states for one of the most high-profile investigations ever. i had no office. i had no staff. i had nothing. the move, at first, appeased senators on both sides of the aisle. if the president and the first lady have nothing have done nothing wrong, as they say they have, they should have nothing to hide. the clintons seemed unfazed by fiske s inquiries. yet, they were unaware that a ghost from bill s gubernatorial past was looming on the horizon and would soon cast her indelible shadow across the entire west wing. you always pay your insurance on time. tap one little bumper and up go your rates. what good is having insurance if you get punished for using it? news flash: nobody s perfect.
clintons involvement in a failed arkansas land deal called whitewater. two days before christmas, 1993, with criticism growing and a subpoena looming, the white house agreed to turn over some whitewater documents to the justice department. as questions related to whitewater continued to hound the administration, republicans called for attorney general janet reno to appoint an independent counsel. but it had been a republican filibuster in congress that had let the independent-counsel statute expire, after g.o.p. discontent with the iran-contra investigations of the 1980s. people, including democrats, came to realize that the statute was a terrible mistake, that it made politics into a crime. so reno refused, arguing that it was up to congress to re-enact the statute, after which a three-judge panel could appoint a indepedent counsel. and she said, since i report to the president, there would be an appearance of a lack of