US mid-terms: the new rules of the House (part 2)

There's no other way to call it: Barack Obama has suffered the political equivalent of a bloody nose. Tonight, he’s coming to terms with the biggest political upset of his career. In their biggest congressional victory in 62 years, Republicans have won control of the House of Representatives, and made gains in the Senate as well. There's nothing left for the president to do but to hold out the olive branch.