I have no doubt that Reagan may well have known a great deal or even "everything" about Iran-Contra ... I am quite sure that there is a lot that EVERY president is fully knowledgeable about that we don't know a thing about (they'd prefer it that way, but if it comes out, they all claim they knew nothing) ... As for Clinton erasing a deficit ... without getting too involved in what I do or don't like about Bill or any other pres (or candidate for pres), let me say that more than any Democrat in the 20th century, Bill took up a centrist position on many issues ... while Hillary is extremely liberal, Bill is somewhat of a populist and was not your run of the mill democrat President ... additionally, in talking about the reduction of the deficit, it's well worth noting two things; one, Bill had to live with a Republican congress, something we've not seen since the 50's and two, the tech boom fueled an economy with a greater sustained level of prosperity than we'd seen since the 50's ... had Bill been allowed to be elected to a third term or had Al been elected instead of GWB, the current economic picture would not be dramatically different ... no one, Democrat or Republican, who is elected president can honestly be given sole credit for positive economic conditions nor can any be fairly blamed for negative ones ... Bill, as I mentioned before, to his great credit, recognized what he did NOT know about economics, left Alan Greenspan in place at the Fed, listened to what Greenspan had to offer in the way of advise, and then followed that advise ... that same recognition of limitations and the creation of a strong, capable cabinet was the secret of Kennedy's successes as president and that now applies very heavily in talking about GWB ... he's assembled the strongest cabinet since Kennedy and it is serving our interests well ...