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Word: iranscam (lookup in dictionary) (lookup stats)
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...first he kept an uncharacteristically low profile, quietly seething over / the press and congressional reaction to Iranscam. But eventually and probably inevitably, Patrick Buchanan, the White House's bombastic director of communications, could contain himself no longer. Having served Nixon during the dark days of Watergate, he feels he knows how best to handle the current scandal. "These crises have a certain rhythm," says the old pro. "First it's a news story, then a policy controversy, then an investigation -- and then it turns into a political war. When it goes political, you've got to go into it full...

Author: /time Magazine | Title: Making It Us Vs. Them | 12/22/1986 | See Source »

...sense, he was. The CIA's fingerprints have been found all over Iranscam. U.S. arms reached Iran in CIA-chartered cargo planes. Part of the payments for the weapons went into a CIA account in Switzerland. The CIA first directed the covert arming of the contras in Nicaragua; when this was outlawed by Congress in June 1984, the agency monitored the secret resupply of munitions to Ronald Reagan's favorite "freedom fighters...

Author: /time Magazine | Title: Plumbing the Cia's Shadowy Role | 12/22/1986 | See Source »

...World War II operative for the old Office of Strategic Services (the CIA's precursor), Casey has retained a fondness for covert activities, and his reputation and elan have made him a hero within the agency. Yet the high morale at the CIA is in danger of evaporating as Iranscam unravels. Says one friend: "Everything that Bill Casey has achieved could be destroyed by the Iran-contra connection...

Author: /time Magazine | Title: Plumbing the Cia's Shadowy Role | 12/22/1986 | See Source »

While sympathetic to Shultz's mission, European leaders were still indignant about "Iranscam" and skeptical that Reagan will be able to put the scandal quickly behind him. Just before Shultz arrived, a senior British official privately complained that he was "dismayed and disappointed" at the U.S.'s departure from its stated refusal to negotiate with terrorists. The conclusion that U.S. foreign policy will be affected, declared NATO Secretary- General Lord Carrington, should occur to "anybody who reads the newspapers about what is happening in Washington...

Author: /time Magazine | Title: Diplomacy Holding Hands in Europe | 12/22/1986 | See Source »

With President Reagan weakened by Iranscam and Congress in Democratic hands, Wright is expected to seize the initiative and launch an ambitious legislative agenda. Unlike O'Neill, who was content to let his committee chairmen dictate their schedules, Wright will probably use his post to articulate and develop the party's legislative direction. He told TIME that he intends to seek quick re-enactment of the Clean Water Bill, which the President vetoed last month, push through a highway-spending bill and draft comprehensive trade legislation...

Author: /time Magazine | Title: The Outspoken Speaker | 12/22/1986 | See Source »

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