Herbert Hoover actually said...

"I do greatly regret to lose an old friend out of my personal service."

"The only news item I have at the moment is that Mr. Akerson is leaving the White House service."

"It means lower rates, and lower rates cannot be made except by broad economies in methods, or alternatively, by wage reductions."

"I have no doubt that when the details of the plan are known they will be subject to criticism, as any plan will be."