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Bill Clinton'd 

The act of lying to the parents of the girl you got pregnant. To properly execute this, one must look the parents straight in the eyes and say "I did not have sexual relations with that woman" in a calm, cool kind of way.
Person 1: Yo I heard Moniqua's parents think you got her knocked up!
Person 2: Yeah but I Bill Clinton'd my way out of that and now everyone's cool with each other!
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dropping faster than Bill Clinton's pants 

pertaining to a numerical measurement that is decreasing very rapidly; temperature, a stock price, ball player's batting average, etc.
there's a cold front blowing in from the north; the temperature is dropping faster than Bill Clinton's pants