there's a very sweet story behind it.
http://www.boston.com/news/globe/living/articles/2004/06/26/clintons_bracelet_its_not_what_you_think/Clinton was asked about the bracelet in an interview published Monday in The Guardian of London. He gave an emotionally charged account of its origins, a fuller version of which is contained in a separate interview posted on the Clinton Presidential Center website (www.
clintonpresidentialcenter.org). In that interview, with Leaders magazine, Clinton recalls having visited Colombia in June 2002 as a guest of President-elect Alvaro Uribe. The Clinton administration had sponsored a $1-billion-a-year program to fight narcotics traffickers and terrorists there, and the invitation was an acknowledgment of his support.
Clinton says he asked if a group of street musicians known as the Children of Vallenato could meet him. The group had performed twice before for him, once during a visit he had made to Colombia in 2000 and again at a White House Christmas party, when they traveled "under the wing of the then-cultural minister of Colombia, who was known only by her first name, Consuelo," says Clinton. In the Guardian interview, Clinton describes the minister, Consuelo Araujo, who was in her 60s, as being "magnificently attractive."
The children, age 5 to 14, "come from a very violent area, and they've been a real force for peace," Clinton says in the interview. "They were crowding the terrorists who didn't think they could kill the kids . . . so instead they kidnapped and killed the cultural minister. I spoke long distance, via video, at the event they had for her."
Upon returning to Colombia in 2002, Clinton was given a welcome bracelet by the children, and he has not taken it off since. It is, he says, a daily reminder of "why it's important to work for peace and stand together against terror."