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 Good morning! Here's what you need to know. 1. Al Qaeda is working hard to seize the fruits of the Arab Spring and to establish a caliphate, writes Richard Clarke, who served as President Clinton's counter-terrorism coordinator. Osama bin Laden's death doesn't change that. 2. The Obama Administration said yesterday that it would open a formal inquiry into whether Pakistani authorities helped al Qaeda leader Osama bin Laden stay in hiding for years. As they already know the answer, it should be a short inquiry. 3. Pakistan's government has been lying about so many things for so long that it's almost impossible to keep track of all the deceptions. But the coddling of the world's most wanted criminal -- for five years -- caused the whole tangled web to come undone. 4. India was quick to point out the stunning duplicity of the Pakistani government. The Indian government was so quick to point this out, in fact, that in official statements it forgot to congratulate President Obama and the United States for the successful raid on bin Laden's compound. 5. Pakistan, like Egypt, has a strong military and a weak civilian government. The question is whether Pakistan will, like Egypt, finally erupt and overthrow the regime. And if that happens, what happens to Pakistan's nuclear arsenal? 6. The collapse of the Syrian regime could lead to chaos in that country, experts and analysts say. It could also lead to destabilizing upheaval across the region. Meanwhile, Syria seems likely to expel Hamas from Damascus for its failure to support the regime during the uprising. 7. Having embraced fringe issues and vanity candidates, the Republican Party now finds itself looking foolish in the wake of events. Adult supervision may be required. 8. Mitch Daniels is getting closer to making a decision on whether to run for the 2012 GOP presidential nomination. The biggest obstacle appears to be his wife's evident lack of enthusiasm for the enterprise. 9. Treasury Department officials said yesterday that they will begin to take extraordinary actions this Friday (May 6th) to manage the government's finances so the U.S. won't default after hitting its borrowing limit on May 16. 10. The Wall Street Journal reports that the so-called "Gang of Six" US Senators are "converging on a proposal that would cut the deficit by roughly $4 trillion over 10 years through spending cuts, a tax-code overhaul, and reductions in the interest the U.S. would have to pay on its debt." Many see the Gang of Six plan as the last best hope for any kind of budget deal. 11. President Obama will visit Ground Zero in New York City on Thursday. He will be joined by the families of some of those who died there on September 11, 2001. For the latest in politics, visit Politics. Follow us on Twitter and Facebook. | 
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