CIA Abolished! New Agency Formed (Reuters)

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In a surprise move, President Obama moved to abolish the CIA today and replace it with an agency more closely associated with the issues of the 21st Century.

According to a Reuters report, President Obama stated, after signing the executive order, "The CIA is an institution born of the post WWII environment and fundamentally an instrument of the Cold War. While it has often served this nation honorably and well, its time is past."

According to the AP, replacing the CIA is the newly formed Social Network Intelligence Agency (SNIA). Overwhelmed in recent years by technological advances such as wikis, blogs and cloud computing, the new agency will attempt to exploit these technologies in the interest of US national security.

Based on a Top Secret study completed in the last years of the Bush presidency, the new SNIA will focus largely, but not exclusively, on social networks. "We took a hard look at it," said one agency insider speaking on condition of anonymity, "and we decided we had the resources to either watch our Facebook pages and update our Twitter status or spy on foreign governments and terrorist groups, but not both." He continued, "In these days of budget austerity and economic crisis, something had to go."

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