Posts Tagged ‘Iran Contra’

Image result for nugan hand bankMore CIA Treachery: Nugan Hand Bank Ltd
By Elias Alias, 2015

This latest version of the selected excerpts from Alfred McCoy’s masterpiece on the CIA’s dope dealing escapades is more complete than previous postings. I have typed in passages from pages 461-472 in Alfred W. McCoy’s bombshell book, “The Politics of Heroin: CIA Complicity In The Drug Trade“, (1991; first edition 1972.)

At 4:00 a.m. on January 27, 1980, a state police officer patrolling a country road west of Sydney, Australia, noticed a late-model Mercedes sedan parked by the side of the road and stopped to examine it. Inside the constable found the body of a middle-aged male slumped forward, still holding the rifle he had apparently used […] Searching his wallet, the police found personal identification for one Frank Nugan, a merchant banker of Sydney, and a calling card from one William Colby, a New York lawyer who had recently retired as director of the U.S. Central Intelligence Agency.

The circumstances of Nugan’s [death] and the bank’s spectacular collapse only six months later have inspired hundreds of press probes, three major Australian government investigations, and a lengthy (more…)


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Image result for nugan – australiaNugan Hand Bank
By John Simkin, 1997 (updated 2014)

In 1973 Frank Nugan, an Australian lawyer, and Michael Hand, a former CIA contract operative, established the Nugan Hand Bank. Another key figure in this venture was Bernie Houghton, who was closely connected to CIA officials, Ted Shackley and Thomas G. Clines.

Nugan ran operations in Sydney whereas Hand established a branch in Hong Kong. This enabled Australian depositors to access a money-laundering facility for illegal transfers of Australian money to Hong Kong. According to Alfred W. McCoy, the “Hand-Houghton partnership led the bank’s international division into new fields – drug finance, arms trading, and support work for CIA covert operations.” Hand (more…)

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Image result for kl-43KL-43 AUTOMANUAL EQUIPMENT (1990)

The TSEC/KL-43 is a portable, electronic, off-line crypto-equipment for encryption/decryption of alphanumeric information of all categories and classifications. It has a built-in keyboard for information input, a liquid crystal display (LCD), a built-in modem and a telephone handset coupler for transmission or receipt of encrypted/decrypted data over standard telephone lines, and printer connection capability. The KL-43 has a built-in special application keyboard for daily key updating. In this annex, KL-43 equipment indicates any crypto-equipment in the KL-43 family, including the KL-43, KL-43A, KL-43C ruggedized device and KL-43D. The KL-43 system is not interoperable with the KL-42 system; however, the keys used for the KL-43 are the same keys used with the KL-42. TheKL-43 and KL-43A models are not interoperable with other KL-43 models (e.g., KL-43C and KL-43D) when the update feature is used.They are interoperable in all other modes. Holders of the KL-43and KL-43A who require use of the update feature must have prior approval of the CMC (CCT). (more…)

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Image result for reagan and fahadSaudi Arabia and the Reagan Doctrine
by Jonathan Marshall, MER155

President Reagan came to office with a bold commitment to roll back Soviet gains in the Third World without risking the trauma or cost of another Vietnam-style intervention. The “Reagan Doctrine,” as his policy came to be known, ironically took its cue from Soviet support in the 1970s for leftist insurgencies in Africa and Central America. But the beneficiaries of the Reagan Doctrine were anti-communist resistance and counterrevolutionary insurgencies in Afghanistan, Angola, Cambodia and Nicaragua.

Outside of the Afghanistan effort, however, the policy has never enjoyed broad, bipartisan support. Financing, arming, training and directing such movements has consistently strained the resources of the CIA and the lobbying abilities of the administration. As a result, the White House put a premium on finding foreign allies on whom it could offload some of the responsibility for these operations. Aside from sharing the burden, such an arrangement would help the administration cloak its role from both a meddling Congress and a divided American public. (more…)

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Image result for iran contraThat Time Ronald Reagan opened Iran and Illegally sold Khomeini Weapons
By Juan Cole, 2015

The Reagan administration in the 1980s was buffeted by two policy drives toward Iran. On the one hand, Reagan ally Saudi Arabia supported Iraq, which illegally launched a war on the Islamic Republic of Iran in 1980 in order to steal its oil-rich Khuzistan Province. Reagan in 1983 sent Donald Rumsfeld, then CEO of Searle pharmaceuticals, to make friends with Saddam Hussein in Iraq.

From the other side, a section of the Israeli security establishment wanted Reagan to side with Iran against Iraq and to provide Iran weaponry. Before the 1979 Islamic Revolution, Iran had been a major supplier of petroleum to Israel, which was boycotted by the Arab League (Iran is not an Arab country). Israel feared Iraq more than it did non-Arab Iran in that decade. After the 1979 revolution, Ayatollah Ruhollah Khomeini began denouncing Israel and saying he hoped it would vanish from the arena of time. (more…)

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Image result for reagan and bushPublic Papers of the Presidents
Address to the Nation on the Iran Arms and Contra Aid Controversy and Administration Goals
Ronald Reagan, August 12, 1987
[Edited, DTS]

My fellow Americans:

I’ve said on several occasions that I wouldn’t comment about the recent congressional hearings on the Iran-contra matter until the hearings were over. Well, that time has come, so tonight I want to talk about some of the lessons we’ve learned. But rest assured, that’s not my sole subject this evening. I also want to talk about the future and getting on with things, because the people’s business is waiting.

These past 9 months have been confusing and painful ones for the country. I know you have doubts in your own minds about what happened in this whole episode. What I hope is not in doubt, however, is my commitment to the investigations themselves. So far, we’ve had four investigations—by (more…)

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Image result for reagan actorThe Enduring Lies of Ronald Reagan
By Susan J. Douglas, 2007

Though the GOP continues to canonize the fortieth president, we can’t forget his legacy as a liar and a foreign policy flop

Ronald Reagan was a saint, a commanding leader, the gold standard of principled conservatism against whom all current and future Republicans should be measured. This is the new mantra coming out of the Republican race for the presidency as the current crop of candidates scramble, quite understandably, to distance themselves from the walking disaster that is George W. Bush.

[…] While much of the neocon agenda is in tatters right now, certainly one of its most successful achievements has been the canonization of Ronald Reagan, which rests crucially on one thing Reagan himself did so well: forgetting the facts. So it’s time to exhume a few.

First to go is the myth that Reagan was the most popular president since FDR [Roosevelt]. Fairness & (more…)

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