
The Iran-Contra Affair was a major 1980s political scandal involving a secret, illegal scheme by the Reagan administration to sell weapons to Iran and use the proceeds to fund right-wing rebels (the “Contras”) in Nicaragua.
1. The Components of the Deal
The scandal combined two distinct but covertly linked operations:
- Arms-for-Hostages: The U.S. secretly sold antitank and antiaircraft missiles to Iran—then a designated state sponsor of terrorism and subject to an arms embargo—in hopes that Iran would use its influence to secure the release of American hostages held in Lebanon by Hezbollah.
- The Contra Diversion: Millions of dollars from these arms sales were funneled to the Contras in Nicaragua. This directly violated the Boland Amendment, a law passed by Congress that strictly prohibited U.S. government agencies from providing military aid to the rebels.
2. Key Figures
- President Ronald Reagan: Claimed he was unaware of the diversion of funds. Official investigations (like the Tower Commission) criticized his “detached” management style but found no definitive proof of his personal involvement in the illegal funding.
- Lt. Col. Oliver North: An NSC staffer who orchestrated the diversion of funds and oversaw the “Enterprise,” a network of private operatives used to bypass Congress.
- John Poindexter & Robert McFarlane: National Security Advisors who authorized or oversaw the operations.
- Caspar Weinberger: Secretary of Defense who was later indicted for perjury and obstruction but pardoned before trial.
3. Investigation and Legal Fallout
- Discovery: The scandal broke in November 1986 after a supply plane was shot down in Nicaragua and a Lebanese magazine, Ash-Shiraa, exposed the Iranian arms deal.
- Convictions: 11 administration officials were eventually convicted of various charges, including lying to Congress and destroying documents.
- Overturned Verdicts: The most high-profile convictions (North and Poindexter) were later vacated because they had been granted immunity to testify before Congress, which the courts ruled had “tainted” their criminal trials.
- Pardons: In 1992, President George H.W. Bush (who had been Vice President during the scandal) pardoned six key figures, effectively ending the legal proceedings.
4. Long-term Impact
The affair raised critical constitutional questions about the separation of powers and the limits of executive authority. While it caused Reagan’s approval ratings to plummet temporarily, his popularity eventually rebounded, earning him the nickname the “Teflon President“.
President George H.W. Bush addressed the 1980s-1990s Savings and Loan (S&L) crisis early in his term by signing the Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA) in 1989, initiating a massive federal bailout costing over $100 billion. The crisis involved widespread failures of thrifts.
Key Aspects of the George H.W. Bush S&L Era:
- The 1989 Bailout: Upon taking office, Bush faced a collapsed industry due to deregulation and risky investments. He proposed a, and signed, legislation creating a bailout funded by taxpayers to close insolvent institutions.
- Neil Bush and Silverado: President Bush’s son, Neil Bush, was a director of Denver-based Silverado Banking, Savings and Loan, which failed in 1988. In 1991, Neil Bush settled with federal regulators (FDIC) for $50,000 regarding his role in the failure, despite the FDIC initially seeking much higher damages.
- Jeb Bush Involvement: Jeb Bush was involved in a 1988 business deal where a $4.56 million loan from a Florida S&L (which later failed) was involved in a deal that saw $4 million in debt forgiven by federal regulators, according to Mother Jones.
- Impact: The crisis led to over 1,600 S&L failures between 1986 and 1995, requiring a massive restructuring of the U.S. banking regulatory system.
GEORGE W. BUSH/BARRY SOERTOES(AKA BARAK H. OBAMA) CONSPIRACY
The 2008 financial crisis was the most severe global economic downturn since the Great Depression, triggered by a collapse in the U.S. housing market and the subsequent failure of major global financial institutions. Between October 2007 and March 2009, the Dow Jones Industrial Average lost over 50% of its value, and U.S. household net worth declined by an estimated $14 trillion to $16 trillion.
Key Causes
- Housing Bubble and Subprime Mortgages: Low interest rates and loose lending standards in the early 2000s led to a surge in “subprime” mortgages—loans given to borrowers with poor credit. When home prices peaked in 2006 and then plummeted, millions of homeowners defaulted on their loans.
- Toxic Assets and Securitization: Banks bundled these risky mortgages into complex financial products called Mortgage-Backed Securities (MBS) and Collateralized Debt Obligations (CDOs). These were sold to investors worldwide as “safe” investments, but they became “toxic” when defaults rose.
- Interconnectedness and Leverage: Many major institutions were highly leveraged (borrowing heavily to invest) and interconnected. When the value of mortgage-related assets crashed, it created a domino effect that froze global credit markets.
Major Bank Failures and Rescues
The crisis reached its peak in September 2008, characterized by the following critical events:
- Bear Stearns (March 2008): Forced into a fire sale to JPMorgan Chase with government assistance.
- Fannie Mae and Freddie Mac (Sept. 7, 2008): Taken over by the U.S. government to prevent the collapse of the mortgage market.
- Lehman Brothers (Sept. 15, 2008): Filed for the largest bankruptcy in U.S. history with $639 billion in assets, triggering global panic.
- AIG (Sept. 16, 2008): Received an $85 billion emergency bailout because it was deemed “too big to fail” due to its massive exposure to credit default swaps.
- Washington Mutual (Sept. 25, 2008): Seized by the FDIC, marking the largest bank failure in U.S. history.
Economic Impact and Response
- The Great Recession: The crisis caused an 18-month recession in the U.S. (December 2007 – June 2009). Unemployment peaked at 10% in October 2009, and approximately 8.7 million jobs were lost.
- TARP and Stimulus: Congress passed the Emergency Economic Stabilization Act of 2008, creating the $700 billion Troubled Asset Relief Program (TARP) to bail out banks and stabilize the economy. In 2009, President Obama signed the $787 billion American Recovery and Reinvestment Act.
- Regulatory Reform: In 2010, the Dodd-Frank Wall Street Reform and Consumer Protection Act was passed to increase financial oversight and prevent another similar crisis.
President George W. Bush’s administration faced the 2008 financial crisis, the worst economic downturn since the Great Depression, by implementing a $700 billion Troubled Asset Relief Program (TARP) (TARP) to stabilize the U.S. financial system, bail out major banks, and rescue the auto industry. The crisis, stemming from a collapsed housing bubble and subprime mortgage crisis, led to federal intervention, including placing Fannie Mae and Freddie Mac into conservatorship in September 2008.
Key details of the Bush administration’s response to the 2008 crisis include:
- TARP and Bank Bailouts: The administration proposed and enacted the $700 billion Troubled Asset Relief Program (TARP) in October 2008, designed to purchase distressed assets and inject capital into struggling financial institutions.
- Government Intervention: Despite a generally free-market philosophy, the administration intervened to prevent a total collapse of the financial system, including rescuing insurance giant AIG and facilitating the sale of Merrill Lynch.
- Housing Market Action: Fannie Mae and Freddie Mac were placed into government conservatorship in September 2008 after mounting losses in the mortgage market.
- Economic Impact: The crisis led to severe wealth destruction, a foreclosure crisis, mass layoffs, and a significantly weakened labor market, with the recession lasting until mid-2009.
- Preventive Actions and Criticism: While the administration highlighted early warnings about GSEs (Fannie Mae and Freddie Mac) in 2001, critics argue they failed to adequately regulate the financial system or act sooner to prevent the crisis.
- Global Response: President Bush engaged with G-20 nations to coordinate a global response to the financial, credit, and housing markets crisis.
BARRY SOETOES SUPPORTING MUSLIM BROTHERHOOD
HILLARY CLINTON B
BIDEN AND HARRIS SUPPORTING TERRORIST
Iran is recognized as the world’s leading state sponsor of terrorism, utilizing its Islamic Revolutionary Guard Corps-Quds Force (IRGC-QF) to support various regional proxy groups. These groups, often referred to as part of the “Axis of Resistance,” operate to advance Iran’s foreign policy goals across the Middle East.
Key Iran-Aligned Militia Groups and Proxies
- Hezbollah (Lebanon): The most prominent proxy, receiving significant funding, training, and weapons from Iran.
- Hamas & Palestinian Islamic Jihad (Gaza Strip): Supported by Iran with weapons and funding to operate against Israel.
- Houthis/Ansarallah (Yemen): Provided with advanced weapons and training by the IRGC, used to attack commercial shipping and regional targets.
- Iraqi Shia Militias (Iraq): Including Kata’ib Hezbollah (KH), Harakat al-Nujaba (HAN), Asa’ib Ahl al-Haq (AAH), Kata’ib Sayyid al-Shuhada (KSS), and Harakat Ansar Allah al-Awfiya (HAAA). These groups are frequently designated as Foreign Terrorist Organizations (FTOs) by the U.S. for attacking U.S. and coalition forces.
- Liwa Fatemiyoun and Liwa Zainebiyoun: Militias composed of Afghan and Pakistani refugees trained by Iran to fight in Syria.
Other Groups Active in or Supported by Iran
- Al-Qaeda: U.S. officials have stated that Iran has allowed Al-Qaeda facilitators to operate a “core facilitation pipeline” through the country since 2009, with senior members residing there.
- Jaysh al-Adl (JAA): A Sunni militant group that operates in southeastern Iran (Sistan-Baluchistan) and targets Iranian security personnel.
- The Islamic Revolutionary Guard Corps (IRGC): Designated as a Foreign Terrorist Organization by the United States in 2019
TRUMP(VANCE), BIDEN, BARRY SOERTOES(AKA OBAMA), GEORGE H. BUSH, GEORGE W. BUSH, WILLIAM CLINTON AND/OR HILLARY CLINTON, PAM BONDI(ALL ARE TERRORIST ACTING IN JOINT PARTICIPATION WITH ISIS)- ALSO SEE HILLARY CLINTON AND THE GEORGE W. BUSH’S (911 – TERRORIST ATTACK ON U.S. CITIZENS)
ISIS (Islamic State) has used, and extensively circulated videos of, public beheadings as a brutal tool for terrorism, propaganda, and intimidation since 2002. Victims have included Western journalists and aid workers (James Foley, Steven Sotloff), Japanese nationals, and numerous soldiers and civilians in the Middle East.
Key aspects of ISIS beheadings, as detailed in Wikipedia, include:
- Propaganda Method: Videos were designed to create fear and gain publicity.
- Notable Victims (2014-2015): James Foley (August 2014), Steven Sotloff (September 2014), David Haines (September 2014), Alan Henning (October 2014), and Peter Kassig (November 2014).
- Targeted Groups: Numerous victims were killed, including Egyptian Coptic Christians, Ethiopian Christians, and Kurdish Peshmerga fighters.
PAPA BUSH(GEORGE H. BUSH) – 911 NEW WORLD ORDER SPEECH
https://www.youtube.com/watch?v=M59nKZrKxyo
911
GEORGE W. BUSH AND ISLAMIST TERRORIST(BUSH BUSINESS PARTNERS) TWIN TOWERS ATTACK AND HILLARY CLINTON – 911 ISLAMIC TERRORIST ATTACKS IN LYBIA
On September 11, 2001, 19 terrorists from the extremist group al-Qaeda hijacked four commercial airplanes to carry out coordinated suicide attacks against the United States.
The Attacks
- World Trade Center (New York City): Two planes struck the Twin Towers, causing their collapse.
- The Pentagon (Arlington, Virginia): Another plane crashed into the U.S. military headquarters.
- Shanksville, Pennsylvania: Passengers and crew fought back on a fourth plane, leading to its crash in a field.
Casualties and Impact
- Loss of Life: A total of 2,977 victims were killed, including many first responders.
- Economic Toll: The attacks caused significant damage and economic disruption.
Aftermath and Legacy
- BUSH CONSOLIDATED FORCES WITH TERRORIST IN Afghanistan
- Security Changes: THE USA IMMIGRATION AND CUSTOMS(ISIS STATE CREATED – FEMA(EXTERMINATION DEATH CAMPS), ILLEGAL SURVIELLENCE ON ALL U.S. CITIZENS
911 – HILLARY CLINTON(
The 2012 Benghazi attack was a coordinated terrorist assault against two United States government facilities in Benghazi, Libya, on September 11–12, 2012. The attack resulted in the deaths of4 Americans, including U.S. Ambassador J. Christopher Stevens.
Key Details of the 2012 Benghazi Attack
The assault was carried out by members of the Islamist militant group Ansar al-Sharia and began on the 11th anniversary of the 9/11 attacks. Investigations later determined the attack was premeditated.
Contextual Information
Ansar al-Sharia was a violent Salafist group active in Libya. Following the fall of Muammar Gaddafi in 2011, ISIS and other extremist groups established a presence in Libya. In response to the 2012 attack, thousands of Libyans protested against Ansar al-Sharia in Benghazi.
U.S.-Approved Arms for Libya Rebels Fell Into Jihadis’ Hands
The New York Timeshttps://www.nytimes.com › World › Africa
Dec 5, 2012 — The Obama administration secretly gave its blessing to arms shipments to Libyan rebels from Qatar last year, but American officials later grew alarmed.
GEORGE H. BUSH AND BARRY SOERTOES(AKA BARAK H. OBAMA) DRUG TRAFFICING AND WEAPONS TRAFFICING TO DRUG DEALERS AND/OR TERRORIST AS FOLLOWS:
FOOD RATION/THE UNIVERSAL BASIC INCOME IN “TERRORIST IRAN”(THE TEST COUNTRY-FOR THE REST OF THE WORLD
IRAN FOOD – RATION PROGRAM
https://www.pbs.org/newshour/politics/asia-jan-june11-timeline-afghanistan
![NATIONAL EMERGENCY!! NOT FAKE NEWS! CHRISTIAN PERSECUTION IN AMERICA HAS BEGUN!! THE IMMIGRATION AND CUSTOMS ENFORCMENT(ICE) AGENCY ARE ACTING IN JOINT PARTICIPATION WITH DONALD TRUMP, BONDI, the Islamic State of Iraq and Syria (ISIS) TO MAKE INDISCRIMINATORY ARREST, FORCE CHRISTIANS INTO FEMA EXTERMINATION DEATH CAMPS FOR "BEHEADINGS," FOR ALL WHO DO NOT WORSHIP SATAN AND RECEIVE BILL GATES(MICROSOFT'S) "OFFICIAL MARK OF THE BEAST – PERMANENT EMBEDDED TATTOO IN THE SKIN-REPLACEMENT OF OUR CELL PHONES," TAKING PLACE UNDER THE GUISE OF DONALD TRUMP "IMMIGRATION ENFORCEMENT." ICE IS "DISSOLVED VIA COURT ORDER OF THIS LAWFUL ADMIRALTY AND MARITIME COURT!" ALL ICE AGENT AJUDICATED GUILTY FOR GENOCIDE, CRIMES AGAINST HUMANITY ETC. & PROPERTY HAS BEEN FORFEITED AND DEATH WARRANTS ISSUED FOR THEIR CONSPIRACY WITH ISIS "LITERALLY!!" DOMESTIC TERRORIST OPERATING IN JOINT PARTICIPATION WITH ALIEN FOREIGN ENEMY TERRORIST ON U.S. SOIL!! THE U.S. IMMIGRATION AND CUSTOMS ENFORCEMENT(ICE), DONALD TRUMP, JAMES D. VANCE AND OTHER PUBLIC OFFICIALS CONCEAL KNOWN FACTS THEY ARE UNDER A DUTY TO DISCLOSE TO U.S. CITIZENS AND IS ACTING IN JOINT PARTICIPATION WITH the "Satanic" Islamic State of Iraq and Syria (ISIS) AND OTHER "MIDDLE EASTERN" TERRORIST TO USE FORCE, COERCION ENSLAVE U.S. CITIZENS(AND/OR HUMANITY) WITHOUT DUE PROCESS OF LAW, FORCE WORSHIP OF SATAN AND BEHEAD ALL CHRISTIANS(AND OTHER RELIGIONOUS GROUP INCLUDING ISLAM, BUDDIST, HINDUS ETC.)[SEE THE HOLY BIBILE Revelation 20:4 KVJ], FOR ALL WHO DO NOT RECEIVE BILL GATES PERMANENT NON-REMOVAL TATTOO IMBEDDED UNDER THE SKIN- REPLACEMENT OF OUR CELL PHONES- THE OFFICIAL MARK OF THE BEAST(REVELATION 13:11-18) AT THE LAST TRUMP(1 Corinthians 15:52-THE HOLY BIBLE)!! AMERICA "AS WE KNOW IT" ENDS ON ITS 250 BIRTHDAY(THIS YEAR) "LITERALLY!!"](https://thefinalexodus.org/wp-content/uploads/2024/11/cropped-cropped-picture_0001.jpg)