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There have been serious constitutional crises in previous administrations, [such as] Watergate.... [The] Iran-Contra affair was a serious constitutional breach. [This administration's] are hollow scandals of little consequence. Why has the press devoted more resources to these than, say, at the height of the health care debate, to health care? Whitewater is the phoniest of phonies. It has been protracted twice as long as Watergate. [From] the beginning of Watergate to [Nixon's] resignation was half the time of Whitewater so far, in which...nothing has been proved. In fact, according to the most comprehensive investigations...

Author: By Daniel M. Suleiman, | Title: 'This Town': Manners, Media and Politics | 10/25/1996 | See Source »

...press corps became supine under Reagan. It took a Lebanese newspaper to break the Iran-Contra scandal. The right-wingers who depicted themselves as journalists were allowed in in the Reagan era. Journalistic objectivity was cast as liberalism. A false polarization of objectivity versus conservatism was created, with each side having equivalent status. On the one hand, "This Week With David Brinkley" features Brinkley, Sam Donaldson, George Will, and then for balance Bill Kristol...

Author: By Daniel M. Suleiman, | Title: 'This Town': Manners, Media and Politics | 10/25/1996 | See Source »

During the original Iran-Contra hearings the CIA defended itself by saying it didn't know Ollie North was running a private air flotilla to illegally supply the contras. And now we are to believe that the agency didn't know planes were coming back loaded with cocaine that addicted Americans? Does such astonishing, habitual ignorance by our top "intelligence" agency show anything but gross incompetence and wasted funding? Maybe the CIA was distracted by its primary mission: not knowing the Soviet Union was going down the tubes. Surely we can find another group that does not know all this...

Author: /time Magazine | Title: Letters: Oct. 21, 1996 | 10/21/1996 | See Source »

...were good, it was easy enough to ignore these anomalies. "Yes, Fidelity got too far out and needed to tighten up," says Fidelity Insight's Kobren. "When everything is working, no one focuses on this. Who cares about volatility if you're on the upside? Who cares if the Contra Fund is not contrarian; if Capital Appreciation is not really a capital-appreciation fund...

Author: /time Magazine | Title: NED JOHNSON AND FIDELITY: THE MONEY MACHINE | 9/30/1996 | See Source »

...Angeles, and then the rest of America, with crack during the 1980s. Written by reporter Gary Webb after a yearlong investigation, the stories allege that a San Francisco Bay-area drug ring, headed by Danilo Blandon and Norwin Meneses, two men with close ties to a CIA-sponsored Nicaraguan contra group known as the FDN, sold tons of coke to a notorious Los Angeles-based dealer named Freeway Rick Ross. Millions of dollars, according to Webb, were then sent back to the secret war against the leftist Sandinista regime. Webb provides a plethora of court documents, recorded interviews and photographs...

Author: /time Magazine | Title: DIVIDING LINE: CRACK, CONTRAS AND CYBERSPACE | 9/30/1996 | See Source »

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