时间:2018-12-30 作者:英语课 分类:美国总统每日发言


英语课

President Bush Discusses Economy


THE PRESIDENT: Good morning. I just completed a meeting with my working group on financial markets. We discussed the unprecedented 1 and aggressive steps the federal government is taking to address the financial crisis. Over the past few weeks, my administration has worked with both parties in Congress to pass a financial rescue plan. Federal agencies have moved decisively to shore up struggling institutions and stabilize 2 our markets. And the United States has worked with partners around the world to coordinate 3 our actions to get our economies back on track.



This weekend, I met with finance ministers from the G7 and the G20 -- organizations representing some of the world's largest and fastest-growing economies. We agreed on a coordinated 4 plan for action to provide new liquidity 5, strengthen financial institutions, protect our citizens' savings 6, and ensure fairness and integrity in the markets. Yesterday, leaders in Europe moved forward with this plan. They announced significant steps to inject capital into their financial systems by purchasing equity 7 in major banks. And they announced a new effort to jumpstart lending by providing temporary government guarantees for bank loans. These are wise and timely actions, and they have the full support of the United States.


Today, I am announcing new measures America is taking to implement 8 the G7 action plan and strengthen banks across our country.


First, the federal government will use a portion of the $700 billion financial rescue plan to inject capital into banks by purchasing equity shares. This new capital will help healthy banks continue making loans to businesses and consumers. And this new capital will help struggling banks fill the hole created by losses during the financial crisis, so they can resume lending and help spur job creation and economic growth. This is an essential short-term measure to ensure the viability 9 of America's banking 10 system. And the program is carefully designed to encourage banks to buy these shares back from the government when the markets stabilize and they can raise capital from private investors 11.


Second, and effective immediately, the FDIC will temporarily guarantee most new debt issued by insured banks. This will address one of the central problems plaguing our financial system -- banks have been unable to borrow money, and that has restricted their ability to lend to consumers and businesses. When money flows more freely between banks, it will make it easier for Americans to borrow for cars, and homes, and for small businesses to expand.


Third, the FDIC will immediately and temporarily expand government insurance to cover all non-interest bearing transaction accounts. These accounts are used primarily by small businesses to cover day-to-day operations. By insuring every dollar in these accounts, we will give small business owners peace of mind and bring stability to the -- and bring greater stability to the banking system.


Fourth, the Federal Reserve will soon finalize 12 work on a new program to serve as a buyer of last resort for commercial paper. This is a key source of short-term financing for American businesses and financial institutions. And by unfreezing the market for commercial paper, the Federal Reserve will help American businesses meet payroll 13, and purchase inventory 14, and invest to create jobs.


In a few moments, Secretary Paulson and other members of my Working Group on Financial Markets will explain these steps in greater detail. They will make clear that each of these new programs contains safeguards to protect the taxpayers 15. They will make clear that the government's role will be limited and temporary. And they will make clear that these measures are not intended to take over the free market, but to preserve it.


The measures I have announced today are the latest steps in this systematic 16 approach to address the crisis. I know Americans are deeply concerned about the stress in our financial markets, and the impact it is having on their retirement 17 accounts, and 401(k)s, and college savings, and other investments. I recognize that the action leaders are taking here in Washington and in European capitals can seem distant from those concerns. But these efforts are designed to directly benefit the American people by stabilizing 18 our overall financial system and helping 19 our economy recover.


It will take time for our efforts to have their full impact, but the American people can have confidence about our long-term economic future. We have a strategy that is broad, that is flexible, and that is aimed at the root cause of our problem. Nations around the world are working together to overcome this challenge. And with confidence and determination, we will return our economies to the path of growth and prosperity.


Thank you.



adj.无前例的,新奇的
  • The air crash caused an unprecedented number of deaths.这次空难的死亡人数是空前的。
  • A flood of this sort is really unprecedented.这样大的洪水真是十年九不遇。
vt.(使)稳定,使稳固,使稳定平衡;vi.稳定
  • They are eager to stabilize currencies.他们急于稳定货币。
  • His blood pressure tended to stabilize.他的血压趋向稳定。
adj.同等的,协调的;n.同等者;vt.协作,协调
  • You must coordinate what you said with what you did.你必须使你的言行一致。
  • Maybe we can coordinate the relation of them.或许我们可以调和他们之间的关系。
adj.协调的
  • The sound has to be coordinated with the picture. 声音必须和画面协调一致。
  • The numerous existing statutes are complicated and poorly coordinated. 目前繁多的法令既十分复杂又缺乏快调。 来自英汉非文学 - 环境法 - 环境法
n.流动性,偿债能力,流动资产
  • The bank has progressively increased its liquidity.银行逐渐地增加其流动资产。
  • The demand for and the supply of credit is closely linked to changes in liquidity.信用的供求和流动资金的变化有密切关系。
n.存款,储蓄
  • I can't afford the vacation,for it would eat up my savings.我度不起假,那样会把我的积蓄用光的。
  • By this time he had used up all his savings.到这时,他的存款已全部用完。
n.公正,公平,(无固定利息的)股票
  • They shared the work of the house with equity.他们公平地分担家务。
  • To capture his equity,Murphy must either sell or refinance.要获得资产净值,墨菲必须出售或者重新融资。
n.(pl.)工具,器具;vt.实行,实施,执行
  • Don't undertake a project unless you can implement it.不要承担一项计划,除非你能完成这项计划。
  • The best implement for digging a garden is a spade.在花园里挖土的最好工具是铁锹。
n.存活(能力)
  • What is required to achieve or maintain such viability? 要达到或维持这种生存能力需要什么?
  • Scientists are experimenting to find ways to ensure the viability of seeds for even longer periods of time. 正如我们所说,科学家正在试验努力寻找让种子的生命力更加延长的方法。
n.银行业,银行学,金融业
  • John is launching his son on a career in banking.约翰打算让儿子在银行界谋一个新职位。
  • He possesses an extensive knowledge of banking.他具有广博的银行业务知识。
n.投资者,出资者( investor的名词复数 )
  • a con man who bilked investors out of millions of dollars 诈取投资者几百万元的骗子
  • a cash bonanza for investors 投资者的赚钱机会
v.落实,定下来
  • Let us finalize tonight.让我们今天晚上干完
  • 。At the same time,industrial designers work with engineers to finalize components and assembly.同时,工业设计师和工程师一道来完成部件和组装部分的工作。
n.工资表,在职人员名单,工薪总额
  • His yearly payroll is $1.2 million.他的年薪是120万美元。
  • I can't wait to get my payroll check.我真等不及拿到我的工资单了。
n.详细目录,存货清单
  • Some stores inventory their stock once a week.有些商店每周清点存货一次。
  • We will need to call on our supplier to get more inventory.我们必须请供应商送来更多存货。
纳税人,纳税的机构( taxpayer的名词复数 )
  • Finance for education comes from taxpayers. 教育经费来自纳税人。
  • She was declaiming against the waste of the taxpayers' money. 她慷慨陈词猛烈抨击对纳税人金钱的浪费。
adj.有系统的,有计划的,有方法的
  • The way he works isn't very systematic.他的工作不是很有条理。
  • The teacher made a systematic work of teaching.这个教师进行系统的教学工作。
n.退休,退职
  • She wanted to enjoy her retirement without being beset by financial worries.她想享受退休生活而不必为金钱担忧。
  • I have to put everything away for my retirement.我必须把一切都积蓄起来以便退休后用。
n.稳定化处理[退火]v.(使)稳定, (使)稳固( stabilize的现在分词 )
  • The disulfide bridges might then be viewed primarily as stabilizing components. 二硫桥可以被看作是初级的稳定因素。 来自辞典例句
  • These stabilizing design changes are usually not desirable for steady-state operation. 这些增加稳定性的设计改变通常不太符合稳态工作的要求。 来自辞典例句
n.食物的一份&adj.帮助人的,辅助的
  • The poor children regularly pony up for a second helping of my hamburger. 那些可怜的孩子们总是要求我把我的汉堡包再给他们一份。
  • By doing this, they may at times be helping to restore competition. 这样一来, 他在某些时候,有助于竞争的加强。
学英语单词
aluminium plate evaporator
amyotonias
application network
balbo
bronner's acid
building complex
Burmesia
by-spine
capital construction project audit
Chase Manhattan Asia Limited
cloth merchant
combined fuel economy
compensating of load
Congo coffee
contest competition
crank bearing metal
crowed
crushing strength under high temperature
crystal enamel
destabilisers
dihydrostreptose
domestic garden
drilling data base
duty call
dynamic alteration
Euterpe oleracea
exchange broker
F-ERG
fishing-tube
forwell
genus Bougainvillaea
going-to
grey heron
heat sinking capability
hemi-tetragonal trisoctahedron
house air bill
hum-um
hypertrophic osteoarthropathy
initial credit balance
intermittent cramps
Ismailovo
kecklings
Kras(Karst)
letter of countermart
low dimension
Maboulou
main power source
mantle cone
masking-out
Mason County
matrix notation
mechanical metamorphism
microfilmed
misevaluated
motor guarantee fund
naked debenture
name length
Nemastomataceae
nidhug
nitrocellulose method
non agricultural
non-incorporated
nonprestressed reinforcement
nonvampires
outgoing calls barred
path length
peoplers
positive hypergeometric distribution
pure literal rule
radiolocations
Ravennese
red-legged partridges
reference critical stress intensity factor
required number
rowlock bolster
rules on air warfare
rusty gold
Saddell Castle
seamewes
Seapatrick
Solberga
southeasts
sparnacian subage
squelched
supply - side economics
swizzling
tantalian cassiterite
tax agent
thorington
toastie
transitory bud
transmissibillity coefficient of aquifer
transparency dye
transport symbol
traumatic sinuses
trial and error theory
tubero-hypophyseal
unbiased estimate of population variance
unlabelled compound
water birches
Well-diversified portfolio