Word: iran-contra
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...does seem to repeat itself, like last week when Republicans were caught digitally snooping in politically sensitive Democratic files on the Senate Judiciary Committee computer, in a digital-age version of Watergate. But the pervasive abuse of the suffix “-gate” to describe everything from Iran-Contra to Monica signals that our dependence on history to understand the present often outstretches its usefulness...
...Reagan, the "evil empire" had long been a paper tiger. He told lies but with such acting skill that he got away with it. In fact, the presidency was the best role he ever got. He was taking a nap when his administration pulled off the money heist with Iran-Contra. Didn't know a thing about it. Gave us enormous debt to carry. Beverly Petrilli North East...
...Treasury Secretary and then chief of staff; of cancer; in Williamsburg, Va. The burly exMarine spent 35 years at Merrill Lynch before joining the Reagan team, where he was a prime mover behind the landmark 1986 tax reforms. When he became chief of staff, he ran into trouble; the Iran-contra scandal blew up on his watch, and he tangled with the First Lady, who helped speed his ouster after a year. He retaliated with a memoir, For the Record, that disclosed Nancy's reliance on an astrologer for advice, which she gave her beloved "Ronnie." Mrs. Reagan later responded...
...DIED. Donald Regan, 84, former U.S. Treasury Secretary and White House chief of staff; in Williamsburg, Virginia. Forced to resign in 1987 because of the Iran-contra scandal, Regan, who had previously headed Merrill Lynch, was the driving force behind the Ronald Reagan Administration's tax cuts and downsizing of government. After his resignation, Regan wrote an autobiography, which described his frequent clashes with First Lady Nancy Reagan and revealed her consultations with astrologers...
...helicopters, and national security controlled items for military end use." Yet another declassified State Department document makes clear that the Reagan Administration intended to implement regulations that would lift restrictions on exports "to both Iran and Iraq of five chemicals that could be used in chemical weapons production." This made sense, as the U.S. was peddling arms to Iran as well via the Iran-contra conduit...