Reagan-Herby Round 2 Reagan’s 2nd Term Foreign Policy Détente: Cold War begins to thaw Mikhail Gorbachev Reagan and Gorbachev Agree to a Summit Geneva, Switzerland (1985) Reykjavik, Iceland (1986) “Mr. Gorbachev, tear down this wall!” June 12, 1987 Reagan’s Legacy American Visit (1987) Intermediate-range Nuclear Forces Treaty • US and Soviets agreed to cut all INF missiles • Soviets agreed to withdraw from Afghanistan Is Reagan Getting Soft on Communism? Intermediate-range Nuclear Forces Treaty INF missiles cut –Soviets (1,846), US (846) Moscow Visit (1988) Getting Along with the Evil Empire President Reagan: US-Soviet Relations (Help or Hurt) Reagan called the Soviet Union the “Evil Empire” 1. KAL 007 airliner shot down 2. Summit meetings in Geneva and Reykjavik 3. Signing of INF Treaty (Intermediate-range Nuclear Forces) 4. Sending nuclear weapons to West Germany and England 5. Increased defense spending, i.e. SDI (Star Wars) 6. Supporting the contras in Nicaragua 7. Reagan Doctrine 8. Invasion of Grenada 9. “Mr. Gorbachev, tear down this wall!” 10. Soviet boycott of LA Olympics 2nd Term: Domestic Policy Economic Issues / Concerns Knock Down Regulations Problem (Reagan): Needed More Money in the Economy Solution: Eliminate Some Federal Regulations for Loans Belief of the Republican Party Reagan Kept Some Rules and Regulations Accounts federally insured up to $250,000 Gentlemen, Start Your Lending!!! Banks and Institutions made many loans, including bad ones because accounts were insured. When banks lost money, who repaid the banks for bad loans? Savings and Loan Bailout • Cost: $166 Billion Another Economic Warning Sign Stock Market Crash October 19, 1987 “Black Monday” • $1 trillion worth of stock losses National Debt Before Reagan After Reagan $1.5 $3.5 Trillion Trillion The Economy Showing of Sickness Iran Contra Scandal Secret Weapons for Hostages Deal Contra (Nicaragua Part) Sandinista Communists = Bad Guys Contras Capitalist = Good Guys Reagan wanted to support the Contras in Nicaragua but Congress did not. Boland Amendment “do whatever you have to do to help these people keep their body and soul together” -Ronald Reagan Oliver North Still Helping the Contras “do whatever you have to do to help these people keep their body and soul together” -Ronald Reagan Oliver North Middle Eastern (Iranian) Part • Americans were held hostage in Beirut, Lebanon by Hezbollah (Iranian-supported group) The Iran Contra “Deal” US sold weapons to Israel. Israel sold weapons to Swiss Bank Account. The money was transferred to Iran. Iran sent the money to a the Contras in Nicaragua. Oliver North 5th Amendment What did Reagan know? Reagan in Trouble? Nov 1986 Approval 67% to 46% A few months ago, I told the American people I do not trade arms for hostages. My heart tells me and my best intentions still tell me this is truth but the facts and evidence tell me it is not. 1987 Reagan’s Approval Went Up 9% The “Teflon President” is at it Again. How much did Reagan know? Oliver North: An American Hero Iran Contra Scandal Review 1. Reagan wanted to help the Contras from this country? 2. Why did Reagan support the Contras and not the Sandinistas? 3. Was Reagan permitted to help the Contras after the Boland Amendment? 4. What Middle East country was the “middleman” and sold weapons to an enemy? • Nicaragua • capitalist • No • Israel Iran Contra Scandal Review 5. Which European country held a secret bank account for the deal? 6. Which American official set up the arms for hostages deal? 7. Which country started the secret deal by selling weapons? 8. What was the final destination of this secret money fund? • Switzerland • North • US • Nicaragua Domestic Events during Reagan’s Presidency Growing Societal Dangers of the 80s “Just Say No” The Board Game: Just Say No! AIDS Acquired Immune Deficiency Syndrome US Center for Disease Control and Prevention (CDC) Recognized AIDS as a disease June 5, 1981 Death of Rock Hudson (October 2, 1985) AIDS Quilt (October 11, 1987) • Over ½ million Americans have died of AIDS Technological Innovation IBM PC Released August 12, 1981 The Space Race Continues Space Shuttle Challenger January 28, 1986 Space Shuttle Challenger January 28, 1986 Challenger Memorial Arlington National Cemetery You were the Best, Ronnie!
© Copyright 2026 Paperzz