President Obama signed a nuclear arms reduction deal with Russia. Bob says it's a step in the right direction; Arianna says any reductions increase our security and the world's. But Tony disagrees completely, saying that Iran and North Korea are the real threats and this deal is pointless. Also, today the Obama Administration announced a mortgage relief deal. Will it work, or is it just a bailout for those who took on more debt than they should have? Has the GOP lost its collective mind in the aftermath of losing on healthcare? Plus, the Pope and the pedophile.
Banner image: (L-R) Chairman of the Joint Chiefs of Staff, General Mike Mullen, Secretary of State Hillary Clinton and Defense Secretary Robert Bates listen as President Obama announces a new START Treaty in a press briefing the White House today. White House photo: Pete Souza