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OK here are some sillyband craft sites:

http://blog.dollardays.com/5-fun-crafts-with-shape...

http://k1komos.blogspot.com.au/2010/09/silly-band-...

http://familyfun.go.com/crafts/rubber-band-belt-66...

Here's a video about silly band crafts:

http://youtu.be/L_UnFuVrZlM

And here are some paper clip craft sites:

http://www.artistshelpingchildren.org/paperclips-a...

http://beafunmum.com/2011/02/paper-clip-craft-kids...

http://www.marthastewart.com/273168/paper-clip-cha...

HTH

In addition to all the lovely sites listed by Susan, I'm sure enjoy this little craft too :

http://zakkalife.blogspot.in/2011/09/kid-craft-mov...

You can also use silly bands to decorate tons of stuff by gluing with PVA glue [or any good adhesive] eg. vases,

flower pots,

i-pod, etc.

spectacle case,

pen holders

erasers,

mirrors,

computer/laptop,....

Create a wall hanging - either thematic or random. You can even use some scenery from a glossy magazine & add these bands for 3d effect & also to add interest to the scene.

You can glue to any eraser & create your own Stamps for artwork !

Glue on greeting cards, bookmarks, tags, gift wrapping paper, binders, folders, book covers, boxes, ....All these can be used for gifting too.

Or glue them along an entire wall or how about a window ?! When the light comes through it will make beautiful patterns in the room ;-)

Hang them with string at different levels to make a mobile for a corner of your room.

Create a new game to play with friends - something like pick-up-sticks? Throw the bands in a heap & each person has to remove as many as possible without disturbing the rest of the pile !

For tons more ideas :

http://www.google.co.in/search?hl=en&client=opera&...

Hope these help too

Enjoy :-)

Add : For clips : You could simply interlock them into long chains & use these for various purposes such as to tie a gift, to hang stuff for sun-catchers or mobiles, as a partition "curtain" or even around a hung bulb like a shade/chandelier, as a belt, around one's hair [over a ponytail band], bracelet, & so on.

Or create a game like the one with silly bandz, ....

Or glue into shapes [flowers, etc.] to create unique greeting cards, etc.