TPS status, according to the Federal Register found on the US Dept. of Justice web site is defined as:
a temporary immigration status granted to eligible nationals of
designated countries or part of a designated country. During the period for
which the Attorney General has designated a country under the TPS program,
TPS beneficiaries are not required to leave the United States and may obtain
work authorization. The granting of TPS does not lead to permanent resident
status. When the Attorney General terminates a country’s TPS designation,
beneficiaries return to the same immigration status they maintained before TPS (unless that status had since expired or been terminated) or to any other status they may have been granted while registered for TPS.
According to the same document, this status is usually reserved for Nations
which
are experiencing ongoing armed conflict, environmental disaster, or other
extraordinary and temporary conditions.
While I would like to think that President Bush had the best intentions at heart, I can't help but wonder if this gesture isn't intended to be a boost for Saca and the ARENA party in the upcoming elections. I hope that it is truly a humanitarian gesture on the part of United States.

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