It Takes a Village and Hillary Clinton is the VILLAGE IDIOT 1996 pin

A caricature pin makes fun of Hillary Clinton, then First Lady, relating it to her book she released at the time, It Takes a Village.
This pin was produced in 1996 by Terribly Insensitive Products, who were based out of Oklahoma City. The Artist Jim Bayne/Michigrin seemed to collaborate with them heavily and produced an entire set of these pins at the time. Some other versions of these pins feature different colors, and I speculate it may be a later color way.

About the artist: Jim Bayne is an American political cartoonist best known for his satirical pinback buttons produced during the 1990s. Working under the imprint Michigrin (a tongue-in-cheek nod to “Michigan grin”) as well as in collaboration with the provocatively named Terribly Insensitive Products, Bayne created a distinctive body of political pins that mixed caricature with humor.
His pins, typically marked © Michigrin or Bayne, featured hand-drawn watercolor-style illustrations of major political figures, especially those from the Clinton-Gore era.
Distributed through mail-order, collector circuits, and political gatherings, Bayne’s pins often bore the signature hallmarks of indie political art. His collaboration with Terribly Insensitive Products further cemented his role in 1990s-era political satire, with buttons marketed specifically for their humor and collectibility.