David Gergen actually said...

"I think it's overblown."

"Well, Barack Obama was smoldering today in ways we haven't..."

"I think you're going to see far more urgency now and far more seriousness and focus in the White House and then the administration on these kinds of threats."

"It's important to remember that when the president was taking office, his economic advisers told him that there was a one in three chance this country was going to have a Great Depression."