Word: funded
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Dates: during 1980-1989
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...cleaners," he said. ". . . It's pathetic that anybody would agree to anything like that. It's so lopsided. It's crazy." At one point he was shown a chart found in North's office safe, outlining a way of using arms-sales profits to set up a privately controlled fund for covert operations. Disdainfully, Shultz tossed the paper on the witness table. "A piece of junk," he called it, adding, "It is totally outside the system of government we live by and must live...
When readers of the New York Times glanced at the paper one morning last week, coffee cups rattled and bleary eyes widened. There, across two columns at the top of Page One, was an extraordinary mea culpa: A CORRECTION: TIMES WAS IN ERROR ON NORTH'S SECRET-FUND TESTIMONY. Two days earlier the Times had reported that Lieut. Colonel Oliver North testified that the late CIA Director William Casey wanted to use the profits from arms sales to Iran to set up a covert-operations fund that would be kept secret from Ronald Reagan. In fact, North testified only that...
...amazing tale in ordinary, conversational tones, then broke out his pipe and lit up, as if he had come to the end of an after- dinner story. He matter-of-factly told the panel of the day in February 1986 when North said he had found a way to fund the contras with profits from the arms sales to Iran. At the time the rebels were running out of the $27 million in humanitarian aid the U.S. had granted them in 1985. Poindexter saw the diversion scheme as a way of providing "bridge financing" for the contras while the Administration...
...difference is that Dukakis insists that these goals can be achieved largely by rechanneling existing federal resources. As a candidate, he resists putting price tags on programs: "I don't think you have to prepare a budget, for God's sake." But even Dukakis' showcase proposal -- a regional-development fund that he mentions in almost every speech -- would cost just $500 million a year, about what the U.S. spends on aid to Pakistan. As he talks eagerly about harnessing the "enormous capacity at the state and local level," Dukakis at times sounds like a man whose fondest ambition...
Economic Cooperation. How far are the Soviets willing to go to join the international economic community? Here too their words are surprising. They profess to be interested, for example, in participating in such capitalist cabals as the General Agreement on Tariffs and Trade and the International Monetary Fund. The question is whether they are willing to make the substantial accommodations involved. Says Peter Peterson, former Commerce Secretary under Richard Nixon and now chairman of the Council on Foreign Relations: "For GATT, this would mean having market prices for commodities in order to prevent unfair dumping practices. For the IMF, this...