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If we had defaulted on our debt, the consequences would have been dramatic  and lasting,”  campaign strategist David Axelrod

“It was the wrong thing to do to push the country to that point,”  David Axelrod

“It was something that should never have happened that clearly is on the  backs of those who were willing the see the country default: those very strident  voices in the tea party.”  David Axelrod

“a tea party downgrade,” John Kerry

“I think this is one of the most telling, important moments in our country’s  history right now,” John Kerry

“smoking some of that tea, not just  drinking it” Howard Dean

“this is a tea  party problem.” Howard Dean

“They are totally unreasonable and doctrinaire and not founded in reality,” Howard Dean

“Thank God they’re here.” Republican Sen. Lindsey Graham of South  Carolina said of the tea party,

“If he were in the Southeastern Conference, he would be fired as a coach. He  would not have his contract renewed,” Republican Sen. Lindsey Graham  said of the president.

“I think it’s failed presidential leadership when you don’t put forward a plan,  a specific proposal, to work off of, Previous presidents  certainly have when we [were] in a crisis. And, by the way, talking about  hostages, lately the Democrats have been calling us terrorists. So we need to  lower that level of rhetoric, obviously.” John McCain

“I don’t think  this is going to be a committee that fixes all of our fiscal problems.” Rep. Paul Ryan (R-Wis.), chairman of the Budget Committee

“I am not putting my stock in this committee, I think people are overemphasizing what this committee will  achieve.” Rep. Paul Ryan (R-Wis.), chairman of the Budget Committee

“Both political parties are responsible for the mess we have right now, But, “I would argue that over the last couple of years, we have gone  deeply in the wrong direction.” Rep. Paul Ryan (R-Wis.), chairman of the Budget Committee

“The S&P downgrade injects further uncertainty to the markets, and the  markets hate uncertainty, Wall Street had a  bad week last week; there is a lot of panic overall in the markets and I expect  a lot of volatility, and again, it’s all about uncertainty. We just don’t know  until the markets react.” Bill Miller, CIO of Legg Mason Capital Management

 

 

 

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