It would also increase the value of raw cocaine as a pre-cursor to highly valuable (from a cost vs. resale perspective) crack. The CIA being involved in, or simply turning a blind eye to, cocaine smuggling when the funds were to be used to fund things they viewed as necessary but those "idiots" in Washington wouldn't fund is not entirely looney. The angle of increasing the value of a fairly easily smuggleable drug is more compelling to me than a conspiracy targeting African-American communities in particular, like the CIA is run by some crude caricature of a southern grand dragon.