Jimmy Carter actually said...

"President Carter's invitation to sign the peace treaty between Egypt and Israel is accepted by President Anwar al-Sadat and Prime Minister Menahem Begin."

"on proposed freight rail industry deregulation legislation"

"Without regulatory changes, however, it is certain that the industry will not be able to pull out of its long decline."

"Deregulation presents the only viable option to either massive increases in federal subsidies to the railroads or increased government intervention in their operation."