时间:2019-02-08 作者:英语课 分类:VOA标准英语2008年(九月)


英语课

American and international financial markets are welcoming word that the U.S. government is taking over two troubled institutions that back roughly half the country's home mortgages. VOA's Paula Wolfson reports the Bush administration says it took the action reluctantly to head off a fiscal 1 crisis.


Fannie Mae and Freddie Mac are entities 2 created by Congress to finance and guarantee home loans in the United States. While they are government-licensed, they operate like private companies with shareholders 3 and corporate 4 boards.


The two mortgage giants have been severely 5 weakened by the current turmoil 6 in the U.S. housing market, which has seen a dramatic rise in foreclosures, and falling home values across the country.


Should they fail, the impact on the U.S. and world economy could be severe. And so the government stepped in - bailing 7 them out and taking over their operations.


White House spokeswoman Dana Perino says the Bush administration had no choice. "This is not action that we wanted to take. It is action that we needed to take," she said.


Perino says the White House has been warning for years that Fannie Mae and Freddie Mac were in need of reform. She says the federal takeover could have been prevented if Congress had acted on the administration's request for a strong independent regulator to oversee 8 the mortgage giants. "Remember that we have highlighted the systemic risk posed by posed by Fannie Mae and Freddie Mac because of the very large role they play on housing markets and because of their business practices," she said.


Perino says it will be up to the next U.S. president and Congress to decide the ultimate fate of the two institutions. She says for now, the goal must be to help the housing market, and the economy, recover.


Perino says that President Bush, who does not favor corporate bail-outs as a rule, approved this takeover reluctantly as a last resort.


U.S., Asian and European stock markets soared in response to the takeover. China and Japan, the biggest buyers of Freddie Mac and Fannie Mae debt, praised the move.


But European Central Bank President Jean-Claude Trichet offered a word of caution. He said while the move is welcome, risks remain in the global credit market.



adj.财政的,会计的,国库的,国库岁入的
  • The increase of taxation is an important fiscal policy.增税是一项重要的财政政策。
  • The government has two basic strategies of fiscal policy available.政府有两个可行的财政政策基本战略。
实体对像; 实体,独立存在体,实际存在物( entity的名词复数 )
  • Our newspaper and our printing business form separate corporate entities. 我们的报纸和印刷业形成相对独立的企业实体。
  • The North American continent is made up of three great structural entities. 北美大陆是由三个构造单元组成的。
n.股东( shareholder的名词复数 )
  • The meeting was attended by 90% of shareholders. 90%的股东出席了会议。
  • the company's fiduciary duty to its shareholders 公司对股东负有的受托责任
adj.共同的,全体的;公司的,企业的
  • This is our corporate responsibility.这是我们共同的责任。
  • His corporate's life will be as short as a rabbit's tail.他的公司的寿命是兔子尾巴长不了。
adv.严格地;严厉地;非常恶劣地
  • He was severely criticized and removed from his post.他受到了严厉的批评并且被撤了职。
  • He is severely put down for his careless work.他因工作上的粗心大意而受到了严厉的批评。
n.骚乱,混乱,动乱
  • His mind was in such a turmoil that he couldn't get to sleep.内心的纷扰使他无法入睡。
  • The robbery put the village in a turmoil.抢劫使全村陷入混乱。
(凿井时用吊桶)排水
  • Both fountains were going furiously and both pumps bailing with might and main. 两个人的口水只管喷泉似地朝外涌,两个抽水机全力以赴往外抽水。
  • The mechanical sand-bailing technology makes sand-washing operation more efficient. 介绍了机械捞砂的结构装置及工作原理,提出了现场操作注意事项。
vt.监督,管理
  • Soldiers oversee the food handouts.士兵们看管着救济食品。
  • Use a surveyor or architect to oversee and inspect the different stages of the work.请一位房产检视员或建筑师来监督并检查不同阶段的工作。
学英语单词
air weapons controller
analytical geometry of space
antifungal factor
antihomomorphism
ball bearing shielded
BEOP
bilge board scow
cassone
castane
chelon
Chirico, Giorgio de
civilized behavior
civitas
clett
complementary arc
concentrate fresh milk
courtlike
coveners
crosswind stability test
crown of beam
decoster
densifications
dispatch tables
Elatolite
electro-optic transmitter
Empoundment
farm sth out
fi-lb
flint corn
forsung
free oil lubricating compressor
free-verser
fruge
gapest
grism
haematogeneses
halden
hammady
human interface technology laboratory
idumean
Impatiens toxophora
implementation of the transport level
inelasticity coefficient
initial test
integrated optical spectrum analyzer
intracanaliculi
issuable
italicus
Kartarpur
lexian distributions
lymphadenovarix
memorialized
mennonitisms
mental energy
microwave source
mole skin
networked community
Nicollella
noncontaminated atmosphere
objective behavior inventory
odd electron spin
order of dimensioning
oxygen fill valve
parathyroid tetany
penetrating effect
Philippopolis
pinto bean
platform end door
protoform
publicly
pyres
refractometric analysis
return-tube boiler
rounds per shift
Saiyid Mazār
short shut-down
simple and opposite
Sovkhoznyy
static convergence correction
subdelirium
sums up
super-short
superheater flue
swallow nest
taeniarhynchosis
tear gases
terry sole
thyristor brush
transfer tensor
underscan
unhaired hide
upper window edge
valerian fluidextract
vibration proofing material
vinactane
weigh on sb
without further ado
woonerfs
woronoff ring
wrapping-up
xerophytia
zamia pumilas