“The first day the Chinese or the Japanese or the Saudis say, ‘we’ve bought enough

“The first day the Chinese or the Japanese or the Saudis say, ‘we’ve bought enough of your paper,’ then the debt — whatever level it is at that point — becomes unmanageable.”

Stanley Collender

A former congressional budget analyst, noting that the national debt will top $10 trillion sometime right before or right after President Bush leaves office in January 2009.

“I understand and accept that the proposal I made was quite profound and intense.”

Venezuela President Hugo Chavez

After voters narrowly rejected his sweeping constitutional reforms by 51 percent to 49 percent, saying he may have been too ambitious in asking voters to let him stand
indefinitely for re-election.