Ronald Reagan actually said...

"I implore those in the East to remove this stain on human decency."

"The public has benefitted from such action to date: insured depositors are protected; unfair competition and poor managers are eliminated."

"The practical effect of section 7 is to place a moratorium on FSLIC's ability to resolve its substantial caseload in an effective and cost-efficient way."

"Now, over 300 years later, the United States and Germany stand united as partners, allies, and, most importantly, friends."