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“Right now, Tennessee is suffering from the highest unemployment rate we’ve had since 1987,” Alexander said. “This measure could provide up to thirteen additional weeks of unemployment benefits to workers in Tennessee who have lost their jobs for reasons outside of their control, giving them more time to find new jobs during this tough economic time.”

According to the Bureau of Labor Statistics, Tennessee’s unemployment rate is currently at 7.2 percent, which (along with Ohio) is the 7th highest in the country.

The Unemployment Compensation Extension Act of 2008 (H.R. 6867) passed the Senate by a vote of 89-6. It passed the House of Representatives last month and now goes to the president for his signature.

About the Author:
Ken Ivey is a veteran technology addict, consultant, author, and President of MidTN Technology, a marketing and web design firm. His website is www.The-Tech-Reporter.com

The word stock simply refers to a supply. You may have a stock of T-shirts in your closet, or a stock of pencils in your desk. In the financial market, stock refers to a supply of money that a company has raised. This supply comes from people who have given the company money in the hope that the company will make their money grow.

A market is a public place where things are bought and sold. The term “stock market” refers to the business of buying and selling stock. The stock market is not a specific place, though some people use the term “Wall Street”-the main street in New York City’s financial district-to refer to the U.S. stock market in general.

If a company wants to grow-maybe build more factories, hire more people, or develop new products-it needs money. It could get a loan from a bank. But then it would owe money. By issuing stock, a company can raise money without going into debt. People who buy the stock are giving the company the money it needs to grow.

Not every company can issue stock. A business owned by one person (a proprietorship) or a few people (a partnership) cannot issue stock. Only a business corporation can issue stock. A corporation has a special legal status. Like a school, its existence does not depend on the people who run it. Under the law it is separate from the people associated with it, and has special legal rights and responsibilities as well as its own unique name.

Owning stock in a company means owning part of that company. Each part is known as a share. If a company has issued 100 shares of stock, and you bought one, you own 1% of that company. People who own stock are called stockholders, or shareholders.

Stockholders hope the company will earn money as it grows. If a company earns money, the stockholders share the profits. Over time, people usually earn more from owning stock than from leaving money in the bank, buying bonds, or making other investments.

When the price of a particular stock rises, that stock is said to be “up,” meaning up in price. When the price falls, the stock is said to have gone “down.” The terms “up” and “down” are also used to describe the rise and fall of the market as a whole.

As a company makes money, the value of its stock goes up. For instance, pretend you bought some shares of stock for $10 each. Since you share the company’s profits, if it does well the shares might later be worth $15 each. You could then sell your stock and make $5 on each share. If the company loses money, however, you would also share its losses. Those $10 shares might each be worth $3 if the company fell on hard times.

For Sale: 893-2317 Seasoned fire wood

For Sale: 2002 truck 4×4, 1997 Infinity I-30 893-2167

For Sale: Fire wood $35 per rick and FOR RENT 2br, 2ba
home on West Gum Rd for $800/mo 427-9488

For Sale: 12V drill for $40, Dr. Pepper Machine and
Mustang Shifter HURST - 809-5359

For Sale: $50 per rick - mixed wood 796-7215

For Sale: Propane fire logs 556-3467 (also have an oak
coffee table)

WANT Handyman work 896-8346

For Sale: Firewood 785-1627 and selling 1979 Ford Truck
for $800

For Sale: Computer and a loveseat for free 867-8701

For Sale: Gospel CD’s and DVD’s - call 890-2727

Gospel Singing at Fairhaven Baptist Church on Riverview
Drive, Saturday at 6PM FREE

For Sale: 971-1343 PURE BREAD BEAGLES

YARD SALE: Saturday 7AM on Double Springs Road 785-9307

For Sale: dresser 3.5′ tall and a chandelier $25 - 335-
1831

For Sale: DVD Players to go on headrest of car 89-2129

All the hotels and motel rooms in the region have been snatched up, leaving potential visitors the option of either sleeping in their cars or looking at places a good distance away from D.C.

Apparently, there are plenty of folks with their own homes who’ll be more than happy to provide lodging at a fairly steep price.

For instance, ROCHELLE EDWARDS of Woodlawn, Maryland has a two-bedroom townhouse and would be willing to rent a room to people in desperate need of a place to stay. As long as they have lots of cash, of course.

There are plenty of others who’ll be glad to do the same. But Allstate insurance agent CJ RIDGELY says if you do rent out a room or two, make sure to do it only with a contract that acts as protection for both renters and guests.

Ridgely says the contract should contain all the terms of usage, including how many people will be staying and for how long, not to mention the items they’ll be bringing.

The agent recommends checking things like heating equipment, fireplaces and smoke alarms and consider adding a carbon monoxide detector.

Renters should also be cognizant of conditions outside the home. Since it’ll be January, all walkways should be free of snow and ice.