Ronald Reagan: Trying a Comeback

Reagan concedes error in Iranscam, but can he still lead?

"I take full responsibility for my own actions and for those of my Administration. As angry as I may be about activities undertaken without my knowledge, I am still accountable for those activities. As disappointed as I may be in some who served me, I am still the one who must answer to the American people for this behavior. And as personally distasteful as I find secret bank accounts and diverted funds, well, as the Navy would say, this happened on my watch

"There are reasons why it happened, but no excuses. It was a mistake."

For the old trouper it...