Word: iran-contra
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...Iran-contra mess, the stock-market crash and the inability to pick a Supreme Court nominee capable of being confirmed by the Senate have threatened to add Ronald Reagan to the list of 20th century presidential failures. Reagan's earlier successes restored national confidence in the presidency. A reversal now would reduce the standing of America's institutions, at home and abroad, at a time when the country can least afford it. Is it too late for Reagan to salvage his place in history? Not necessarily...
...until the Iran-Contra story broke, the image of the President was glowing and very positive," said Marvin L. Kalb, director of the Barone Center for Press, Politics and Public Policy at the Kennedy School of Government...
...Iran-Contra affair will go down in history as the beginning of the end of the Reagan Administration's sway over American politics, Harvard professors said yesterday reacting to the Congressional report released Wednesday...
WASHINGTON--Congress' report on the Iran-Contra affair concludes there was no evidence President Reagan knew of the diversion of Iran arms sale money but states he failed his duty to "see that the laws are faithfully executed," a Senate committee source said yesterday...
...used for its designated purpose. Embarrassed opic officials conceded that collateral for the loan was valueless and said they had asked the Justice Department for a fraud investigation. Senate probers suspect the money was used to finance some of the covert operations that North described during the Iran-contra hearings...