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STATEN_5055_20121031

STATEN_5055_20121031

Customers form a queue to fill their gasoline canisters, Wednesday, Oct. 31, 2012, in the Staten Island borough of New York. Sandy, the storm that made landfall Monday, caused multiple fatalities, halted mass transit and cut power to more than 6 million homes and businesses.(AP Photo/ John Minchillo)

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20121101-200200-pic-685144939.jpg

Rep. Andy Harris, Maryland Republican, decries what he calls “the usual environmentalist overreaction” to hydraulic fracturing as a means of drilling for natural gas, and says that “will unfortunately cost Maryland.” (Barbara L. Salisbury/The Washington Times)

ECONOMY_03.jpg

ECONOMY_03.jpg

Nearly a third of U.S. homeowners have been stuck with houses worth less than they paid and ended up over their heads in debt with mortgages that borrowers often could not refinance because they had no equity. Studies show that recessions resulting from major financial collapses, such as the monumental housing bust and banking crisis of October 2008, usually have slow and difficult recoveries.

20121101-171008-pic-206447368.jpg

20121101-171008-pic-206447368.jpg

A yellow crane sorts out the rubble of the March 2011 earthquake and tsunami at a collection site in northeastern Japan. Japan’s accounting of its budget for reconstruction from the disasters is crammed with spending on unrelated projects. (Associated Press)

Consumer Confidence_Lea.jpg

Consumer Confidence_Lea.jpg

A retailer in Philadelphia offers a 30 percent discount on Wednesday, Oct. 17, 2012. (AP Photo/Matt Rourke)

GREECE_4844_20120925

GREECE_4844_20120925

In this Tuesday Sept. 25, 2012 file photo a coffee shop owner tells journalists that he has had an 80 percent drop in his business, in Athens. To the casual visitor, all might appear well in Athens. But scratch the surface and you find a society in freefall, ripped apart by the most vicious financial crisis the country has seen in half a century.(AP Photo/Petros Giannakouris)

GREECE_4843_20121031

GREECE_4843_20121031

Protesters stand in front of a banner reading "Workers United never Defeated" during an anti-austerity protest by Greek labor unions in Athens, on Wednesday Oct. 31 2012. Greece's government on Wednesday outlined the new austerity measures it intends to take over the next two years, a series of painful spending cuts and tax hikes that its international bailout creditors are demanding in exchange for rescue loans. (AP Photo/Kostas Tsironis)

KOREA_4835_20111026

KOREA_4835_20111026

In this Oct. 26, 2011, photo, the 105-story Ryugyong Hotel towers above Pyongyang, North Korea. International hotel operator Kempinski AG said on Thursday, Nov. 1, 2012, that it will manage the pyramid-shaped hotel, which is expected to open next year with shops, offices, ballrooms, restaurants and 150 rooms. (AP Photo/Greg Baker)

KOREA_4831_20120401

KOREA_4831_20120401

In this April 1, 2012, photo, the sun is reflected from the top of the 105-story Ryugyong Hotel, which remains under construction in Pyongyang, North Korea. International hotel operator Kempinski AG said on Thursday, Nov. 1, 2012, that it will manage the pyramid-shaped hotel, which is expected to open next year with shops, offices, ballrooms, restaurants and 150 rooms. (AP Photo/David Guttenfelder)

KOREA_4828_19900822

KOREA_4828_19900822

A North Korean woman walks past the construction site of the 105-story Ryugyong Hotel in Pyongyang, the North Korean capital, on Aug. 22, 1990. Work on the 3,000-room pyramidal building, begun almost a decade earlier, was expected to be completed in 1992 after financial problems. (AP Photo/Vincent Yu)

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20121101-102802-pic-64199290.jpg

The home at 1011 N. Washington St. at the tip of Old Town Alexandria is on the market for $1,995,000. The single-family home, which is part of the Liberty Row condominium development, has 6,900 square feet.

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20121031-204357-pic-120971698.jpg

Milagros Rodriguez, from the Dominican Republic, works at her salon, Woodside Beauty Salon in Queens, N.Y. A study says two-thirds of job growth since 2009 has been among immigrants. (Associated Press)

Wall Street_Lea.jpg

Wall Street_Lea.jpg

Traders work on the floor at the New York Stock Exchange on Wednesday, Oct. 31, 2012, in New York. Traffic is snarled, subways out of commission, streets flooded and power out in many parts of the city, but the exchange opened without hitch Wednesday after a historic two-day shutdown, courtesy of Hurricane Sandy. (AP Photo/Seth Wenig)