Sen. CLINTON: ...for doing a job that, you know, frankly is not rocket science. So there's been all kinds of problems that are going to have to be addressed. We--we need a couple of things. Number one, we do need a new oversight regulatory framework, but it's got to be not just American, it's got to be international because we're so interconnected now. Number two, we have got to have a different attitude from both the public and the private sector about what it is we're trying to do. We're always closing the barn door after the horse has left.

CRAMER: Right.

Sen. CLINTON: You know, it's not going to kill our markets if we ask tough questions, if we call people in and you know, grill them, if we have an aggressive SEC. That is not going to kill our markets, that is going to save the golden goose. I don't see how many more of these problems we're going to have to cope our way out of if we don't begin to be pre-emptive and pro-active instead of waiting for the...(unintelligible).

CRAMER: As a wolf shearer, as a wolf shearer, I hear and I say, `Well, wait a second. A Democrat in the White House, maybe you're going to kill my profits. Maybe it'll be bad for Wall Street to have a Democrat.'

Sen. CLINTON: Well, all I would say is ask what happened during the 1990s. You know, best thing that happened to the economy was a Democratic president who actually understood something about economics, who realized you've got to find a balance.

CRAMER: Right.

Sen. CLINTON: People, as I recall, did very, very well.

CRAMER: Yeah. We made a fortune in the '90s. It was darn good.

Sen. CLINTON: One hundred percent.

CRAMER: We didn't get a lot after NAFTA, though.

Sen. CLINTON: Not--but it wasn't--but it wasn't just you guys who did it. The whole economy lifted--was lifted up.

CRAMER: I agree.

Sen. CLINTON: We had 22.7 million new jobs, and it wasn't just middle class people who thankfully had rising incomes, poor people got lifted out of poverty. That's the way America's supposed to work.

CRAMER: Totally true.

Sen. CLINTON: I mean, I think you and I are such believers in the American dream because we know what it can mean in our lives and the lives of people we have seen. You know, but it seems like something happened. People get theirs and all of a sudden they forget where it came from. We have this great system in America, and it has to be self-correcting. It has to be constantly held up to scrutiny because human nature being what it is, everybody's going to push the envelope. You don't think everybody's going to try to get as much as they can? That's who we are as human beings. That's why you need balance.

CRAMER: OK.

Sen. CLINTON: You need self-regulation and corrective mechanisms within the market and you need a government that is a good partner to make sure we don't kill the golden goose.

CRAMER: Senator Hillary Clinton, thank you so much for coming back to MAD MONEY.

Sen. CLINTON: It's always fun. Thanks a lot, Jim.

CRAMER: Thank you. Senator Hillary Clinton coming from her Pennsylvania portion of her campaign. We'll have more later. Senator Clinton, thank you so much.

Sen. CLINTON: Jim, it's great to talk to you.

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