Watergate Scandal Essay Research Paper Watergate

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Watergate Scandal Essay, Research Paper Watergate Political scandals are not strangers to the United States. They dateback as far as 1830, with the presidential sex scandal and ThomasJefferson, and in 1875 with the Whiskey Ring and President Ulysses S.Grant (Time and Again 1). Today we have the Iran-Contra affair withRonald Reagan and Whitewater with Bill and Hillary Clinton. Even withthese, it can be argued that Watergate could possibly be the worstscandal in the history of the United States. Richard Milihous Nixon was the 37th President of the United States,and the only President to ever resign his office. He was born the secondof five sons, in Yorba Linda, California. His parents were FrancisAnthony and Hannah Milhous Nixon. His career started in 1945 when heaccepted the

candidacy for a seat in the 12th congressional district whichhe won. He was elected to United States Congress in 1946, he thenentered into the Senate as the youngest member ever in 1951. Only ashort two years later he became the second youngest vice-president inhistory at the age of thirty nine. He served two terms as vice Presidentunder President Dwight D. Eisenhower. In 1969 he won his bid for thePresidency(Kinsella 3). The Iran-contra affair was more of a U.S. foreign policy affair. Thisscandal came about in November of 1986 when President RonaldReagan admitted to the selling of arms to Iran. The overall goal was toimprove relations with Iran, but it soon came to light that it was more of atrade of arms for hostages deal. Later it was found that some of theprofits from the

sale of the arms to Iran went to the Nicaraguan “contra”rebels. On Dec.24, 1992, President George Bush pardoned all thepeople involved with the scandal and no charges were filed againstRonald Reagan (Iran-contra 1). The latest of all scandals is the Whitewater affair. TheWhitewater affair is an ongoing investigation into a bad Arkansasreal-estate adventure in the late 1970, and its connection with the nowdefunct Arkansas savings and loan company, and with President BillClinton and his wife Hillary. The Whitewater development companystarted in 1979 and had the investors Bill Clinton, the Governor ofArkansas, his wife Hillary Rodham Clinton, a attorney for the Rose lawfirm, James B. McDougal the owner of the Madison Guaranty Savingsand Loan. The group purchased some land which

later turned out to be abad venture. Sometime later the savings and loan went bankrupt at a costof sixty million dollars to the taxpayers. There was allegations of thediversion of funds from Whitewater through the Madison Saving andLoan to cover some of the campaign debts of the Clinton’s. There werealso allegations of whether the Clinton’s gained income-tax benefits fromthe failure of Whitewater that they were not entitled to. To date nocharges have been filed against President Clinton or his wife Hillary(Whitewater 1). The whole Watergate scandal, brought about charges of politicalbribery, burglary, extortion, wiretapping, conspiracy, obstruction ofjustice, destruction of evidence, tax fraud, and illegal use of the CIA andthe FBI, campaign contributions and taxpayers money

for private matters.In all, more than 30 administration officials and other people in the Nixonadministration pleaded guilty or were found guilty of illegal acts (Time andAgain 2). The term “Watergate” came from the Watergate Hotel in WashingtonD. C. In addition to a hotel, the Watergate complex houses manybusiness offices, one which was the headquarters for the DemocraticNational Committee. It was here that the great scandal got its very start(Farnsworth 1). In the early morning hours of June 17, 1972 a security guard at the Watergate Hotel called police about a robbery.Later, five men were arrested with evidence that linked them to thecommittee to re-elect the President (NARA,1). After the Watergate scandal had been uncovered, another group ofillegal activities came to