After getting re-elected for the second term as the nation's President, Barrack Obama said raising taxes on higher income Americans was top priority on his economic agenda. However, the President maintains that he is willing to compromise with the Republican party, but warned "I refuse to accept any approach that isn't balanced," as reported by Fox News.
Among other tremendous problems the city of New York faces as a result of hurricane Sandy, exacerbated by Athena, shortage of gas is high on the list. As a result of the great shortages, which have resulted in excruciating long lines at gas pumps and even some outbursts of violence, NY Mayor Michael Bloomberg imposed a gas rationing on Friday.
The Director of the Central Intelligence Agency, David H. Patraeus submitted his resignation to President Barrack Obama on Friday citing an extramarital affair as an the cause for stepping down.