Yup. Iran-Contra scandal.
Isn't it super ironic that all these Republicans are like "omg Obama, imperial president!" Then they forget about how Reagan circumvented an international arms embargo on Iran, and Congress on funding the Contras.
For anyone else that's interested, and
@cc2012
Groups backed by the IRGC (Army of the Guardians of the Islamic Revolution/Iranian Revolutionary Guard Corps) in Lebanon, including Hezbollah, began to take Westerners hostage including Americans.
It's important to note two things before this: 1) Iran was under an arms embargo at the time 2) The Boland Amendment had prohibited funding of the Contra rebel groups in Nicaragua because the CIA had carried out several sabotage missions without Congress' knowledge, the Contras were labeled terrorists by everybody in the world except for us, and the Contras were known for protecting drug routes through Nicaragua and trading narcotics for arms.
We sold arms to Iran, via Israel. Israel shipped the arms to Iran, Iran paid Israel, we resupplied Israel, and Israel paid us back. The National Security Council then readjusted the plan to
directly sell the weapons to Iran, at an inflated price. With the mark up, we took the funds to the CIA which would then go down to Nicaragua and give it to the Contras. The Contras would also get money from the Colombian narcos to help move cocaine through Nicaragua (and earlier in the 80s it was found that the Contras would also trade cocaine for arms). All the while the DEA is scratching it's head going, "How is so much cocaine getting into the U.S.!"
So the Reagan administration effectively went around the world's back, and Congress' back at the same time to push it's own agenda. Nothing that Obama has done compares to this.