Apparently no hard feelings though. Looking at the time line on this, I see those remarks were in 1984, three years before Reagan's famous challenge in front of Berlin's Brandenberg Gate to Russian leader Michael Gorbochev to tear down this wall! And that had a happy ending.
Speaking of President Reagan and Russia, apparently he enjoyed collecting jokes told in Russia. Here's a collection of some favorites. This gives me an idea. Think I'll check around over here for any jokes here about U.S. Presidents.