I've gotten a lot of frothing email from rightwingers claiming I "misquoted" Cheney or "quoted him out of context" or whatever, including weird meditations on punctuation. But, basically what Jesse and his first commenter says.
Define X="John Kerry Gets Elected."
Define Y="We Get Hit By Massive Terrorist Attack."
Define Z="Kerry wimps out and does nothing about it."
Cheney defenders want to claim that Cheney said "If (X and Y) then Z." But, what he said was "If X then (Y and Z)." He may have meant the former, but what he said was the latter.
...ahh, now I see where the weird punctuation discussion was coming from. The Cheney gang altered their official transcript. Funny.