Word: iran-contra
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...would be under powerful pressure to step down. "The Democrats would force the President out before it got that far," says George Washington University law professor Stephen Saltzburg. "They would not allow him to take the party down with him." The truth will likely emerge soon. "This is not Iran-contra or Watergate--it's not that complicated," notes Saltzburg. No, it's not. When a fuller picture emerges, Clinton's case will be decided in the court of public opinion long before it finds its way into a court...
...pieces had flattened out, a predictable second wave of hold-on-theres followed. The press had overreacted, said the press. The press had led and misled the public. There were so many more important stories to cover, said the press (as if that had not been the case during Iran-contra and the savings-and-loan frauds, when no princess had died). Behind all that was the embarrassing feeling that journalism had been swept up in a popular moment that it ought to have dissected or belittled, and so then it did, in an effort to cleanse itself of having...
...bring the U.S. into the League of Nations. More recently, Reagan joked about getting shot, and his popularity shot up. His favorability leaped again after he waved cheerily from his hospital room, fresh from having had polyps removed from his colon. That feel-good moment saw him through Iran-contra. We liked that he was out of the loop...
...there is any consolation for Gore, it is that all this is happening in 1997 rather than 1999. George Bush, after all, survived much worse with the Iran-contra hearings grabbing the nation's attention only months before the New Hampshire primary. A senior Gore aide says this period will ultimately be remembered merely as "bumpy air." But if an independent counsel enters the picture, dragging out an investigation, the taint of scandal could endure for Gore right up to the 2000 primaries. Says an adviser to one of Gore's rivals: "The thought has occurred...
...positive side, Smaltz secured convictions against three companies, five people and one law firm, resulting in $3.5 million in fines thus far. But that leaves a $5.5 million shortfall. A scandal in the order of Iran-Contra might be worth that much, but what about Espy's estimated $35,000 in trips, luggage and football tickets...