President Obama: “Hire a Veteran”

President Barack Obama signs the Veterans Opportunity to Work to Hire Heroes Act of 2011 (VOW to Hire Heroes Act), that will provide tax credits to help put veterans back to work. First Lady Michelle Obama, Vice President Joe Biden and Dr. Jill Biden attend the ceremony in the Eisenhower Executive Office Building South Court Auditorium, Nov. 21, 2011. (Official White House Photo by Pete Souza)

This morning, President Obama signed the “VOW to Hire Heroes Act” into law, telling those in attendance:

Back in September, I sent Congress a jobs bill. And in it, I proposed a tax credit for any business that hires a veteran who’s been unemployed for at least four weeks. I proposed an even bigger tax break if a business hires a veteran who’s been unemployed for at least six months. And if a business hires an unemployed veteran with a disability related to their service, I proposed doubling the tax break that we already have in place.

Today, because Democrats and Republicans came together, I’m proud to sign those proposals into law. And I urge every business owner out there who’s hiring to hire a veteran right away.
The is just one of the intiatives the President has enacted in order to ensure that the country fulfills its obligation to our servicemembers and their families.

And it’s just one part of the President’s plan to put the American people back to work. At the bill signing, he told lawmakers that families all over the country are demanding the same kind of bold, bipartisan action.

“My message to every member of Congress is keep going,” President Obama said, “Keep working.”

G20 failure

Source: Guardian

France and Germany called in Barack Obama to put pressure on Silvio Berlusconi, forcing the Italian leader to agree to a quarterly financial check on his country's finances by the IMF. Photograph: Christophe Karaba/EPA

G20 summit was a lesson in disunity – and the markets passed judgment

World leaders argued, haggled and ganged up on each other. But thanks largely to dithering Europeans, little was agreed. Read the Guardian story.

Obama expresses sympathy for Europe at G20

US president Barack Obama says he is confident Europe will meet the challenge of the crisis and that policymakers must recognise how difficult the situation is. The G20 summit in Cannes has been overshadowed by an unstable Greece and a threatened euro, but Obama said he was impressed by what he heard from European leaders.

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