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Old 30 Apr 2012, 09:12 AM   #360034 / #1
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Default Bill Clinton backs Obama

I imagine this will help Obama's fund-raising

Obama is "beating the clock" to restore the nation's economy to health, Clinton told about 500 cheering supporters who had paid as little at $1,000 and as much as $20,000 apiece to see, as Obama put it, "two presidents for one."

Digging out of similar financial holes has historically taken five to 10 years, Clinton said...

...Once a tense rivalry, the relationship between Obama and Bill and Hillary Clinton has evolved into a genuine political and policy partnership. Suspicions remain in both camps, but both sides have a strong incentive for making the alliance workable and lucrative.

For Obama, Bill Clinton is a fundraising juggernaut, a powerful reminder to voters that a Democrat ran the White House the last time the economy was thriving. For the spotlight-loving former president, stronger ties with the White House and campaign headquarters mean he gets a hand in shaping the future of the party he led for nearly a decade...

...Neither Clinton nor Obama mentioned presumed Republican presidential nominee Mitt Romney by name, but both Democrats zinged Romney for his economic plan and foreign policy credentials.

Obama's likely GOP opponent "basically wants to do what they did before, on steroids," Clinton said, "which will get you the same consequences you got before, on steroids."

Obama said he and Hillary Clinton have "spent the past three-and-a-half years cleaning up after other folks' messes."

He ridiculed "the presumptive nominee on the other side" for "suddenly saying our No. 1 enemy isn't al-Qaida, it's Russia."

"I didn't make that up," Obama said to loud laughter. "I suddenly thought maybe I didn't check the calendar, and we're back in 1975."...

...Democrats say the overt signs of unity between the Clintons and Obama put the president at a distinct advantage over Romney. The former Massachusetts governor must soothe the wounds from his GOP primary fight and figure out whether the last Republican president, George W. Bush, will have a role in the 2012 race.
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