3rd November
It was on this day...
1986 US Secretly Selling Arms To Iran For Hostages Shock

It was so surprising because it went against the stated aims of the Ronald Reagan administration, to not negotiate with terrorists.

The story broke in the Ash Shiraa magazine in the Lebanon. It revealed that the USA were covertly selling arms to Iran in an attempt to get the release of 7 American hostages being held by a pro-Iranian group in the Lebanon.

These allegations were confirmed to be accurate, on November 6, by US intelligence sources.

It turned out that this was just the tip of the iceberg and that, in an attempt to cover up these dealings, the profits from the arms sales to Iran were diverted to fund the Contra rebels in Nicaragua. It became known as the Iran-Contra scandal and resulted in a number of high level resignations and sackings.

Ronald Reagan always denied that he knew that the proceeds of the arms sale to the Iranians went to fund the Contras in Nicaragua, but he admitted to knowing about the secret sale of arms to Iran.

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Birthdays
1952
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1921
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Other News

1900 Madison Square Garden in New York hosts the first ever automobile show.

1953 The first ever coast-to-coast live color telecast is broadcast.

1955 Guys and Dolls, the movie starring Marlon Brando and Frank Sinatra, opens.

1957 Laika, a dog, is launched into space by the Soviet Union in the Sputnik 2 spacecraft.

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