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Word: swaps (lookup in dictionary) (lookup stats)
Dates: during 1980-1989
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Usage:

...July 8 speech, was listing Iran as being first among a "confederation of terrorist states." In mid-July McFarlane, accompanied by Shultz, broached Kimche's ideas to Reagan in Bethesda Naval Hospital, where the President was recuperating from colon surgery. Reagan saw the dangers of an arms-for-hostages swap, but also appreciated the value of new contact with Iran. He bought the idea that arms shipments would be intended to strengthen a group that might eventually be able to wean Iran away from support of terrorism. McFarlane called Kimche in Israel to say the U.S. was interested in seeing...

Author: /time Magazine | Title: What He Needs to Know | 12/22/1986 | See Source »

Iranian Arms Dealer Manucher Ghorbanifar contacts former CIA Officer Theodore Shackley in West Germany, according to the New York Times. Ghorbanifar proposes selling U.S. arms to Iran as a swap for hostages in Lebanon. Shackley passes the proposal to U.S. officials...

Author: /time Magazine | Title: The Iranscam Trail | 12/22/1986 | See Source »

FIRST IT WAS the prisoner swap that wasn't a swap. Then it was the hostage ransom that wasn't ransom. And now we may have the nuclear defense that isn't a defense...

Author: By David G. Patent, | Title: President Reagan's Foolish Strategic Offense Initiative | 12/17/1986 | See Source »

...When you give lousy advice, you get lousy results." McFarlane then issued a statement conceding in effect that he had eventually gone along with the arms sales in the belief that they were needed "to strengthen reform-oriented Iranians," but that the public saw them as part of a swap for hostages. Said McFarlane: "As a senior adviser to the President, I should have anticipated this potential outcome. The failure to do so represents a serious error in judgment...

Author: /time Magazine | Title: The Tower of Babel | 12/1/1986 | See Source »

...some minds the linkage began very early. In July 1985, Israeli businessmen who had been in contact with Iranian officials told Shimon Peres, then Israel's Prime Minister, that they thought a swap of arms for U.S. hostages could be arranged. Peres presumably communicated that information promptly to Ronald Reagan. The story in Jerusalem is that the White House designated Poindexter to look into the idea, and he named North as liaison with Israel. In any case, the Israeli businessmen were authorized by Peres to resume contacts and strike a deal with the Iranians. The executives turned to Adnan Khashoggi...

Author: /time Magazine | Title: The U.S. and Iran | 11/17/1986 | See Source »

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