Ronald Reagan actually said...

"President Aquino believes, as I do, that free enterprise is the most powerful engine of economic progress known to humanity."

"I have determined, based on that advice and on the considerations described in sections 501 and 502(c) of the Act, that such a waiver is in the national economic interest of the United States."

"It is my duty, according to my oath of office, to ensure the integrity of the nomination process and the independence of the judiciary."

"Yes, and I'm satisfied with his statement."