Quotes of the Day

In this Jan. 5, 2012 file photo, Defense Secretary Leon Panetta is seen at the Pentagon.
Thursday, Jan. 19, 2012

Open quoteWe are fully prepared to deal with that situation now.Close quote

  • U.S. Defense Secretary, responding to Iran's threat to close the Strait of Hormuz, a vital Persian Gulf avenue for international oil shipments in retaliation for stronger international economic sanctions
Photo: Haraz N. Ghanbari / AP | Source: AP