The idea seems to be that if the House GOP refuses to raise the debt ceiling, a default crisis or gradual government shutdown will ensue, and the public will turn en masse against … Barack Obama. The Republican House that failed to raise the debt ceiling would somehow escape all blame. Then Democrats would have no choice but to pass a balanced-budget amendment and reform entitlements, and the tea-party Hobbits could return to Middle Earth having defeated Mordor.
Who said it: Democratic Vice President Joe Biden or Republican Senator John McCain? (via life)
Democrat or Republic or Neither, I think we can all agree this quote is pretty awesome.