. >>> john king joins me and gloria borger and david gurrigan. he thinks sort of the idea of this doomsday scenario about not raising the debt is made up or overstated. >> well, anderson, you got a little support from moodies that issued a report saying they thought we could pay our debts, even if we go into default we could pay our bond holders, but overwhelming sentiment from all the big banks, from the ceos, from manufacturers, from economists, from the international communities, you don't want to go down that path. it's extraordinarily dangerous. you already put a gun to the president's head and now you're putting a gun to the country's head. it's playing russian roulette and the congressman king can say whatever he wants but the vast majority of people who really understand this issue are warning seriously do not allow this country to go into default. it could have very, very calamitous consequences and throw a lot of people out of work. >> david, you do see signs of a real breakthrough from what the president said yesterday about a short-te