| | Although the first shipment of arms to Iran did not occur until well into President Reagan's second term, arms had been flown to the Contra's from [[Bill Clinton]]'s Arkansas throughout Reagan's entire first term. The arms were traded for cocaine, and the cocaine flown back to Arkansas on the return trip and then distributed across the United States. | | Although the first shipment of arms to Iran did not occur until well into President Reagan's second term, arms had been flown to the Contra's from [[Bill Clinton]]'s Arkansas throughout Reagan's entire first term. The arms were traded for cocaine, and the cocaine flown back to Arkansas on the return trip and then distributed across the United States. |
| − | Later, when trading with Iran commenced, the proceeds were used to purchase additional arms for the Contras operating in the mountains of Nicaragua. When these transactions became public a Special Prosecutor, Lawrence Walsh, was appointed. Walsh then prosecuted a number of high-level Reagan Administration officials. Not generally known at the time, two future Presidents, George H. W. Bush and Bill Clinton, were heavily involved.<ref>[https://www.bibliotecapleyades.net/sociopolitica/sociopol_cia05.htm#THE_BOSS_HOG_LIST_ The Boss Hogg List]</ref> The matter ended later with President George H. W. Bush pardoning other key players and the election of Bill Clinton. | + | Later, when trading with Iran commenced, the proceeds ftom Iran were used to purchase additional arms for the Contras. When these transactions became public a Special Prosecutor, Lawrence Walsh, was appointed. Walsh then prosecuted a number of high-level Reagan Administration officials. Not generally known at the time, two future Presidents, George H. W. Bush and Bill Clinton, were heavily involved.<ref>[https://www.bibliotecapleyades.net/sociopolitica/sociopol_cia05.htm#THE_BOSS_HOG_LIST_ The Boss Hogg List]</ref> The matter ended later with President George H. W. Bush pardoning other key players and the election of Bill Clinton. |