Existenz makes an excellent catch: today, John McCain said Ronald Reagan refusal to negotiate with Iran for the release of American hostages exemplified his philosophy of "peace through strength."
Um...what about Iran-Contra and the arms-for-hostages scandal? Here's video:
For more details, check out Existenz's post.
Update: Just to be clear, McCain's specific reference is to the first hostage crisis and Iran-Contra deals with a subsequent one. His larger point -- that Reagan refused to negotiate, in the process strengthening American security -- was manifestly false.