Friday, November 21, 2008

Unemployment Compensation Extended up to 13 weeks



Before leaving for Peru, President George W. Bush signed into law an extension on unemployment benefits for those who have run out, or are about to run out. This actually is the second extension that Bush has signed during this economic crisis. The extension is 13 weeks in states with an unemployment rate in excess of 6%, otherwise the extension is for a term of 7 weeks.

Finally something for the average man in the time of corporate bailouts. It was rumored that this is one of several requests that President Elect Barack Obama discussed in their joint meeting just over a week ago.

Another hot topic is the Colombian Trade agreement that Bush favors signing before leaving office. Obama and the UN are both concerned with the atrocities carried out against the civilian population.

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