Monday, July 20, 1998

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  • The CIA-Contra Cocaine Connection

    Last week, the New York Times reported the CIA’s own investigation of its activities revealed that agency officials knew that the Nicaraguan contras they were working with were running drugs. The new report is the long-delayed second volume of the CIA’s internal investigation into possible connections between the Contras and Central American drug traffickers. The investigation was originally prompted by a 1996 series in the San Jose Mercury News which asserted that a "dark alliance" between the CIA, the contras, and drug traffickers had helped finance the contra war with profits from drug smuggling.

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    Juan González on How Puerto Rico’s Economic "Death Spiral" is Tied to Legacy of Colonialism
    Could Puerto Rico become America’s Greece? That’s a question many are asking as the island faces a devastating financial crisis and a rapidly crumbling healthcare system. Puerto Rico owes $72 billion in debt. $355 million in debt payments are due December 1, but it increasingly looks like the U.S. territory may default on at least some of the debt. Congress has so far failed to act on an Obama administration proposal that includes extending bankruptcy protection to Puerto Rico and allocating more equitable Medicaid and Medicare...


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