Roll, Jordan, Roll

Our community organizer-in-chief with his sidekick Dimitri Medvedev will be signing an agreement to dispose of Russia and America's enriched plutonium supplies left over from the Cold War. The amount is in tons. At this rate, he and Medvedev will agree to sign the Law of the Sea Treaty.

In raising the alarm about terrorist nukes, the experts here at the National Security Summit claim there have been over 30 attempts over the last decade by Al Qaeda to acquire fissible material. The primary focal point of the fissible trade seems to be southern Russia and South Ossetia--that's where the experts claim the dirty deed will be done if it occurs.

Drudge captures this historic summit by showing President Obama bowing to the Communist Chinese, hugging the Leftist Lula from Brazil and pointing his finger at Canada's Harper. We don't get to see Merkel flirting with Obama, Sarkozy and he joking it up, or Berlusconi looking like he just came from a cat house.

Joe Biden hosted the heads of state from countries we used to call non-aligned to persuade them to sign on to the nuke initiatives. By taking politics out of the issue, the United States is finding that countries who once had the will to pursue nuclear energy and even arms now are afraid to death about nuclear accidents--man-made or not--and the theft of fissible materials. The countries are being forthright about their inability to secure these materials with the security they have.

More bad news--Sam Nunn has come out strongly in support of Obama's nuke policy and his strategy.

The Administration announced yesterday that the budget deficit looks like it's going to be 10% less than previously projected. One thing I have noticed about this Administration is that they are more open with numbers than the past two. For instance, Bill Clinton wiped out the U6 unemployment rate so the Government could always claim about 4-5% unemployment in the boom times and this policy was continued by the Bush Administration. The Obama Administration provides both the U3 and the U6 figures as well as more pessimistic numbers on the deficits. It's true they could not have anticipated that all their bailouts would make a profit and that government revenues from taxes would be up considering the recession but they certainly have been more forthright in their economic forecasts.

The Board of Economic Cycles--there is such a thing--is reluctant to pronounce the recession over--just yet--but they indicate they believe it will be any day now. All the numbers are coming in that indicate we will be in a period of growth. The Dow has stayed above 11,000 for the first time since the fall of 2008.

So how's the filibuster thing working out for the Republicans? In their 50th filibuster this year, Mitch McConnell wanted to stop the extension of unemployment benefits to hundreds of thousands of people because the nation faces a "deficit crisis". It didn't turn out so well. Tom Coburn produced a little graphic of a small girl saying she was alreay $47,000 in debt--actually I guess it would be about $43,000 with the ten percent cut. Six Republicans bolted and the filibuster was defeated.

This has some implications for the financial reform bill. Senator Shelby of Alabama has publically lamented that Republicans didn't engage in negotiations to write the financial reform bill and says that the party shouldn't filibuster it. The real reason is this is a subject where the teabaggers have made the Republicans afraid because the teabaggers are not for the banks. We should expect a bill to pass shortly.

Bill Kristol has come out for Elena Kagan for the Supreme Court. So that means she will not be nominated given his almost perfect record of being wrong. Meanwhile Joe Lieberman claims politics in America has gone the Republicans way--that's good news for Democrats because Joe has only a slightly better record than Bill.

Baked Alaska has made $12 million since quitting her post as Governor of Alaska. She also left the state with a debt that is 70% of their total economy.

With healthcare reform passed, a new Start Treaty and this Nuclear Summit, you get a sense that the train has left the station--the great Change Express has been launched and there is no turning back. Financial reform, Spring sanctions on Iran and the May review of the Non-Proliferation Treaty and President Obama should be on a roll. All he needs is to nail Bin Laden and the peanut gallery will be crushed.

You really get the feeling that there is a New America emerging, while the remains of the Republican Party and the teabaggers are left behind, conducting rearguard actions which make no sense to anyone and are absolutely pointless.