{"id":88,"date":"2026-05-23T17:08:15","date_gmt":"2026-05-23T17:08:15","guid":{"rendered":"https:\/\/usabusinesschronicle.com\/?p=88"},"modified":"2026-05-23T17:08:15","modified_gmt":"2026-05-23T17:08:15","slug":"hondurasgate-looks-worse-than-watergate-and-iran-contra-combined","status":"publish","type":"post","link":"https:\/\/usabusinesschronicle.com\/?p=88","title":{"rendered":"Hondurasgate Looks Worse than Watergate and Iran-Contra Combined"},"content":{"rendered":"
\n

A disgraced Central American president\u2014convicted of taking bribes from drug kingpins, including the notorious El Chapo, and using the money to bribe officials and manipulate his elections\u2014is pardoned by the President of the United States so he can spearhead a propaganda operation to undermine the democratically elected presidents of Mexico and Colombia and facilitate his own political comeback. Leaked audio captures him spelling out the plan and revealing that he is working with leaders of the United States, Argentina, and Israel.\u00a0<\/p>\n

Read more \u201cThe Library is One of the Best Libertarian Arguments for Limited Government\u201d<\/a><\/p>\n

This is neither the screenplay for a reboot of the political thriller 24 <\/em>nor for the farcical Woody Allen film Bananas. <\/em>This is real life. \u00a0<\/p>\n

Last month, a group of anonymous Honduran journalists created the website Hondurasgate.ch and posted audio clips allegedly featuring Juan Orlando Hern\u00e1ndez. As you may recall, Hern\u00e1ndez was the right-wing president of Honduras until 2022, when he was arrested and extradited to the United States. Federal prosecutors said he facilitated the importation of 400 tons of cocaine into America. \u00a0<\/p>\n

The Hondurasgate journalists posted a forensic analysis of each clip to prove they are not faked by artificial intelligence. However, the Honduran legislature, controlled by Hern\u00e1ndez\u2019s party, approved sending the audio to unnamed \u201cspecialized laboratories in the United States\u201d to determine its authenticity.\u00a0<\/p>\n

Hern\u00e1ndez was sentenced to 45 years in prison. He served one. On November 28, Donald Trump announced his intention to pardon Hern\u00e1ndez, claiming without evidence that Joe Biden framed Hern\u00e1ndez. Two days before the pardon announcement, Trump endorsed Nasry Asfura, the candidate trying to regain the presidency for Hern\u00e1ndez\u2019s party. Two days after the pardon announcement, Hondurans voted. After partial returns showed Asfura just barely ahead, Trump baselessly accused the existing Honduran government of fraud. As the vote count dragged on through December, Trump imposed visa restrictions on two election officials from a left-wing party, including Marlon Ochoa, soon after Asfura was declared the winner, though his two main opponents cried foul and complained about Trump\u2019s meddling. \u00a0<\/p>\n

The following month, according to audio posted to Hondurasgate.ch, Hern\u00e1ndez spoke with Asfura and the new vice president Mar\u00eda Antonieta Mej\u00eda (yes, the Spanish version of Marie Antoinette, I swear I\u2019m not making this up.)\u00a0<\/p>\n

Hern\u00e1ndez asks Asfura to send over $150,000 \u201cbecause we are going to rent an apartment here and we\u2019re going to set up an office to launch a digital journalism unit. Someone else from here is going to run it for me, from the team of the President of the United States. He\u2019s one of the Republicans helping us. They are going to set up a news site for us where they\u2019re going to release some important data on Manuel Zelaya and Xiomara Castro,\u201d the preceding left-wing Honduran president and her husband (who is also a former president, ousted in a 2009 military coup). \u00a0<\/p>\n

Hern\u00e1ndez also noted the \u201cnews site\u201d will be based in the U.S. \u201cso they don\u2019t track us in Honduras,\u201d and will have \u201cdossiers coming against Mexico, dossiers coming against Colombia, and most importantly, against Honduras \u2014 in this case against the Zelaya family.\u201d Asfura agrees and offers to give Hern\u00e1ndez an additional $150,000 \u201cfor yourself,\u201d taken out of the country\u2019s infrastructure department. \u00a0<\/p>\n

Mexico and Colombia just so happen to have left-wing presidents. In a subsequent call, Hern\u00e1ndez tells Vice President Mej\u00eda, \u201cI need that liquidity because we are going to set up an office here, with the support of some Republicans, so we can attack and remove the cancer of the left from Honduras and from all Latin America. I was telling President Asfura that we managed to speak with [President of Argentina] Javier Milei, and he is also putting in $350,000. Another big friend of ours from Mexico is also chipping in, just for the Mexican angle.\u201d Mej\u00eda promises to \u201chandle the whole arrangement\u201d of $300,000.\u00a0<\/p>\n

In a March conversation, Hern\u00e1ndez told Asfura that he expects to return to the presidency, with Trump\u2019s backing: \u201cI want to believe you won\u2019t push me aside, because thanks to me, you\u2019re sitting in that chair. Mr. President, it\u2019s going to be me. And I expect your support. Because that\u2019s what we agreed with President Trump.\u201d\u00a0<\/p>\n

According to a January audio clip between Hern\u00e1ndez and an unknown interlocutor, the former president gives much of the credit for his release to Benjamin Netanyahu: \u201cThe Israeli prime minister is going to back us. We\u2019re very grateful to him. They had a lot to do with it. In fact, they had everything to do with my release and the negotiation.\u201d In March, Hern\u00e1ndez claims, \u201cThe pardon money didn\u2019t even come from you \u2026 it came from a council of rabbis, from people who back Israel, the same people who in the past had backed Yani Rosenthal.\u201d (Rosenthal was a presidential candidate in 2021 for a center-right party, running against Castro and Asfura.) What this \u201cpardon money\u201d paid for and who received it is not clear.\u00a0<\/p>\n

Read more Trump and Blanche\u2019s Orwellian Language and How Much of Washington Echoes It<\/a><\/p>\n

Before anyone jumps to anti-Semitic conclusions, remember that one of the targets of this apparent operation is Mexico\u2019s President, Claudia Sheinbaum, the first Jewish leader of a nation with a population of over 100 million people. What unites these figures behind Hern\u00e1ndez is right-wing ideology, not religion. \u00a0<\/p>\n

The anonymous Hondurasgate reporters further conclude, citing additional audio clips about business deals involving natural resource development, \u201cAs China consolidates its dominance over critical-mineral processing \u2014 handling more than 85% of global rare-earth refining \u2014 the United States has stepped up its race to lock in control of its zones of influence. The fight is not only about natural resources, but about who controls the supply chains and, above all, who imposes the development model of the western hemisphere.\u201d\u00a0<\/p>\n

Some of the audio disturbingly portends political violence. Hern\u00e1ndez tells a member of the Honduran legislature, \u201cIn Honduras, you need force, you need logistics, you need blood. If you want the people under control, you have to crush them. Squeeze them. Counter the violence by generating violence. It\u2019s what President Trump says, and you act as if he\u2019s going to be there forever.\u201d It\u2019s not clear if Trump directly said anything along these lines to Hern\u00e1ndez. \u00a0<\/p>\n

Another clip features Cossette Lopez-Osorio, a member of the country\u2019s election commission aligned with Hern\u00e1ndez, plotting against her commission colleague, Marlon Ochoa, whom Trump previously sanctioned. Referring to the possibility of putting Ochoa on trial in the legislature, Lopez-Osorio says to a group, \u201cTell me how we\u2019re going to move forward without having removed that bastard Marlon from his post. Nothing can be done, nothing can be moved, nothing can be touched; we can\u2019t go anywhere without having a clear position on the political trial.\u201d With such a trial, \u201che\u2019ll have the prize of being left alone here at the [election commission]. That doesn\u2019t seem right to me. Jail or death. That\u2019s what I\u2019m going to say. Jail or death.\u201d \u00a0<\/p>\n

Last month, after the legislature approved going forward with the trial, Ochoa fled Honduras, seeking asylum in an undisclosed country. Ochoa posted on X: \u201cThey stole the elections, and that is an act of terrorist association that must be investigated. I am an eyewitness. The elite lives in impunity and does not accept reforms. It does not accept a party that asks the powerful to pay taxes. It does not accept that we reject foreign interference . . . Today they order the fabrication of accusations, issue an arrest warrant, and push me into prison, where they plan my death. There is evidence. They pardon the kingpin and, by buying congressmen, condemn the one who fulfills his duty to denounce.\u201d\u00a0<\/p>\n

What we hear in these audio clips is a scandal worse than Watergate and Iran-Contra combined, arguably worse than the scandal that got Trump impeached the first time, when he threatened to cut off military aid to Ukraine unless it launched an investigation into Joe Biden. Assuming the audio is authentic, Hondurasgate is far more than a threat. Hondurasgate is an elaborate plot well underway. The President of the United States appears to have pardoned a right-wing authoritarian convicted for his part in a massive cocaine trafficking operation in order reinstate him to power in Honduras and undermine left-wing governments in Mexico and Colombia.\u00a0<\/p>\n

I know we are all numbed by the breadth and depth of Trump\u2019s corrupt behavior. I know this might seem like just one more scandal to add to the pile. I know impeachment and conviction are political non-starters. But none of that is an excuse for American media outlets to ignore a five-alarm fire story. \u00a0<\/p>\n

Mexican media covered it, even prompting an on-record response from Sheinbaum. (\u201cThey may set up an office for dirty campaigns against our government in Honduras with resources from a friendly people through its government, but there will be no dent.\u201d) There\u2019s coverage from media outlets in Spain, Peru, Colombia, and Costa Rica. But nothing in the mainstream American press. \u00a0<\/p>\n

The most recent coverage of Mexico in The New York Times<\/em> is about how the U.S. State Department is investigating claims \u201ccirculating in conservative media in recent months that Mexican consulates interfere in American politics and encourage mass migration to the United States,\u201d and may shut down some Mexican consulates. Why is such a story being reported without even a mention of evidence of a plot to undermine the Mexican government through illicitly funded propaganda?\u00a0<\/p>\n

Keeping track of all the insanity in the world is overloading our brain circuits. But don\u2019t look away from Hondurasgate. Latin American democracy, and the political future of a Jewish woman who made history, are under siege. One man has already fled his country for fear of his life. The biggest scandal yet appears to be under our noses and in our ears.\u00a0<\/p>\n

Read more The Capitalists Trying to Fix Capitalism<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Hondurasgate is far more than Trump’s pardon of cocaine trafficker and former president of Honduras, Juan Orlando Hern\u00e1ndez.<\/p>\n","protected":false},"author":1,"featured_media":87,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,8,5,2,3],"tags":[39],"class_list":["post-88","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-books","category-higher-education","category-podcast","category-politics","category-the-monopolized-economy","tag-tagged-benjamin-netanyahu-claudia-sheinbaum-honduras-hondurasgate-javier-milei-juan-orlando-hernandez-marlon-ochoa"],"yoast_head":"\nHondurasgate Looks Worse than Watergate and Iran-Contra Combined - USA Business Chronicle<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/usabusinesschronicle.com\/?p=88\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hondurasgate Looks Worse than Watergate and Iran-Contra Combined - 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