"You know giving up the canal itself might be a better deal if we could throw in the state dept." - Ronald Reagan, 1978, speaking of Jimmy Carter's Treaty with Panama giving up U.S. control of the Panama Canal. "Reagan in His Own Hand."
Iran gives the U.S. a Christmas present: Closing the Straits of Hormuz. Perhaps you missed this tidbit of news while the press muses 98% of their time about Newt-Romney.
