To the OP:
Yeah, your friend from Oklahoma needs to get an education. Clinton was a potential disaster, but not because of Monica. Rather, because of things like an ill-conceived (at the time) National health-care plan, plans to increase taxes and expand government spending for social programs, Americorp, the Escalante National wilderness area, failure to appropriately fund the military, and a failed foreign policy. Fortunately, a well-organized Republican-held congress kept him in check, forcing him to initiate welfare reform and balance the budget, ushering in an era of economic prosperity. In the end, Clinton had a successful presidency, but much of that success can be attributed to domination by one of the most powerful Congresses in US history.
In fact, the real reason knowledgeable Republicans hate Clinton is that, as President, he was able to take credit for an era of prosperity largely architected by the Republican-led congress. To be fair, Clinton did play an important balancing role, preventing Republicans from going to far (as has been demonstrated by our current administration).
As for China, yes they are rising quickly and we must be prepared for the place they will one day demand at the global table, but that day is still a long way off. Yes, their current growth numbers are incredible, but exponential growth is unsustainable and those numbers will decline, probably well before they overtake the US, but surely before they overtake the western world. We have a lot of work to do, so that when that day comes, we can welcome them to a comfortable spot at the table. Otherwise, the conflict that results could indeed be scary...