voa标准英语2008年-US Treasury Secretary Defends Bailout, Calls fo
时间：2019-01-13 作者：英语课 分类：VOA标准英语2008年(十一月)
US Treasury Secretary Henry Paulson (file photo)
Paulson said the current financial crisis had many causes, including government inaction and mistaken actions, outdated 3 U.S. and global regulatory systems, and too much risk-taking by financial institutions. He says his first priority has been to stabilize 4 the system. He says the next will be to reform it.
"This debate offers great opportunities and great peril 5. The events of the last year have exposed excesses and flaws that are, to put it mildly, humbling 6. If we do not correctly diagnose the causes and instead act in haste and implement 7 more rather than better regulations, we can do long-term harm," he said.
Paulson says recovery will take time, and a new regulatory framework cannot be developed while the financial situation is unfolding.
The treasury secretary faced sharp criticism over his handling of the bailout when he appeared Tuesday before the House of Representative Financial Services Committee. The $700 billion escue plan initially 8 focused on buying bad debt from banks that were left with nearly worthless securities after the housing market collapsed 9. Paulson said a worsening situation called for a change of strategy, and he started making cash infusions 10 into financial companies, with the government taking an equity 11 share, in order to get the institutions lending again.
He says international bodies such as the World Bank, International Monetary 12 Fund, and regional development banks should reform their governing boards to make them more accountable, streamlined and effective.
"Similarly, the IMF and the World Bank need to accord dynamic emerging market economies greater representation and participation 13 in their daily operations," he said.
Paulson urged cooperation among Democrats 14 and Republicans in Congress and among world leaders, as they work through the crisis. He says future reforms must be consistent with free trade and open investment.
- The Treasury was opposed in principle to the proposals.财政部原则上反对这些提案。
- This book is a treasury of useful information.这本书是有价值的信息宝库。
- They sourced the spoke nuts from our company.他们的轮辐螺帽是从我们公司获得的。
- The spokes of a wheel are the bars that connect the outer ring to the centre.辐条是轮子上连接外圈与中心的条棒。
- That list of addresses is outdated,many have changed.那个通讯录已经没用了，许多地址已经改了。
- Many of us conform to the outdated customs laid down by our forebears.我们许多人都遵循祖先立下的过时习俗。
- 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。
- The refugees were in peril of death from hunger.难民有饿死的危险。
- The embankment is in great peril.河堤岌岌可危。
- A certain humbling from time to time is good. 不时受点儿屈辱是有好处的。 来自辞典例句
- It has been said that astronomy is a humbling and character-buildingexperience. 据说天文学是一种令人产生自卑、塑造人格的科学。 来自互联网
- 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。
- The ban was initially opposed by the US.这一禁令首先遭到美国的反对。
- Feathers initially developed from insect scales.羽毛最初由昆虫的翅瓣演化而来。
- Jack collapsed in agony on the floor. 杰克十分痛苦地瘫倒在地板上。
- The roof collapsed under the weight of snow. 房顶在雪的重压下突然坍塌下来。
- Intravenous infusions are also used to administer medications. 静脉输液也可作为一种给药方法。 来自辞典例句
- INTERPRETATION: GKI infusions significantly reduced plasma glucose concentrations and blood pressure. 结论：静脉滴注GKI显著降低血压和血糖浓度。 来自互联网
- 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。
- The monetary system of some countries used to be based on gold.过去有些国家的货币制度是金本位制的。
- Education in the wilderness is not a matter of monetary means.荒凉地区的教育不是钱财问题。
- Some of the magic tricks called for audience participation.有些魔术要求有观众的参与。
- The scheme aims to encourage increased participation in sporting activities.这个方案旨在鼓励大众更多地参与体育活动。