You believe the CIA aren't capable of such things?

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I think they're capable of all that and much besides. You seem to be trying to come up with a rationale that is compatible with the interests of ordinary Americans (at least through the CIA lens) while I think their use of any tool is likely much more based on naked self-interest and a desire to retain power

You think ordinary Americans are interested in destabilising other nations and allowing the CIA to monopolise cocaine production and distribution?

Nope, but I think the CIA rationalizes that as providing funding for things that are ultimately good and patriotic. Few people are the villain in their own movie.

I suspect that most people are more preoccupied with presenting themselves as good rather than being good or convincing themselves that they are. It's all signalling.