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CNN 2008-09-20

时间:2009-04-09 08:00:31

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Hope you're having a great day, I'm Nicole Lapin, at the CNN Center in Atlanta, here is a look at what's happening NOW IN THE NEWS.

The economic movers and shakers in the Bush Administration plan to shake up the US financial system in ways we haven't seen in decades. The biggest, a plan to let the government use taxpayer1 money to take over the bad debt and shaky securities that are really weighing down the titans of Wall Street. By some estimates that could cost half a trillion, with a t, dollars. In the meantime the government plans to guarantee deposits in money market mutual2 funds and also bar the short term selling of stocks in financial companies.

Senator Barack Obama meanwhile is supporting a federal bailout to plan to deal with the country's deepening financial crisis. The democratic presidential candidate is campaigning today in Florida. This morning he was in Coral Gables; he was meeting with a team of high-powered economic advisors3 to drive and craft proposals to calm the crisis.

Senator John McCain also wants the federal government to start bailing4 out failed financial institutions. He said the answer is to get them before they go broke. McCain also said that if he's elected he would set up a new federal agency to deal with any immediate5 economic crisis. The Mortgage And Financial Institutions Trust or MFI will be formed within the Treasury6 Department.  

Day five of testimony7 in O.J. Simpson's armed robbery trial is underway  in a Las Vegas courtroom right now. First up on the witness stand today is a key prosecution8 witness Thomas Riccio. He of course is the sports memorabilia dealer9, broker10 we should say who set up that meeting in a Las Vegas hotel room last year. He also secretly recorded this confrontation11. The jury is hearing portions of the IO tape again today. Yesterday you might recall that Riccio said everything was going perfectly12 until "The gun came out". All the defense13 claims that Simpson had no idea that guns were in the room, and he was only trying to get his own stuff back.

It may be another week actually before residents of Galveston, Texas can go back home. Texas Governor Rick Perry says that the city is simply not ready to house residents yet. Galveston's mayor says that if people stay away, it's just gonna be a lot easier to get water sewer14 and power services back on-line.

Those are the headlines at this hour. For more on those stories and other news of the day, CNN is always your source online, on TV or on your cellphone, take care.

Vocabulary:

the defense: all the lawyers who try to prove in a court of law that someone is not guilty of a crime.


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1 taxpayer ig5zjJ     
n.纳税人
参考例句:
  • The new scheme will run off with a lot of the taxpayer's money.这项新计划将用去纳税人许多钱。
  • The taxpayer are unfavourably disposed towards the recent tax increase.纳税者对最近的增加税收十分反感。
2 mutual eFOxC     
adj.相互的,彼此的;共同的,共有的
参考例句:
  • We must pull together for mutual interest.我们必须为相互的利益而通力合作。
  • Mutual interests tied us together.相互的利害关系把我们联系在一起。
3 advisors 9c02a9c1778f1533c47ade215559070d     
n.顾问,劝告者( advisor的名词复数 );(指导大学新生学科问题等的)指导教授
参考例句:
  • The governors felt that they were being strung along by their advisors. 地方长官感到他们一直在受顾问们的愚弄。 来自《现代汉英综合大词典》
  • We will consult together with advisors about her education. 我们将一起和专家商议她的教育事宜。 来自互联网
4 bailing dc539a5b66e96b3b3b529f4e45f0d3cc     
(凿井时用吊桶)排水
参考例句:
  • 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。
5 immediate aapxh     
adj.立即的;直接的,最接近的;紧靠的
参考例句:
  • His immediate neighbours felt it their duty to call.他的近邻认为他们有责任去拜访。
  • We declared ourselves for the immediate convocation of the meeting.我们主张立即召开这个会议。
6 treasury 7GeyP     
n.宝库;国库,金库;文库
参考例句:
  • 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。
7 testimony zpbwO     
n.证词;见证,证明
参考例句:
  • The testimony given by him is dubious.他所作的证据是可疑的。
  • He was called in to bear testimony to what the police officer said.他被传入为警官所说的话作证。
8 prosecution uBWyL     
n.起诉,告发,检举,执行,经营
参考例句:
  • The Smiths brought a prosecution against the organizers.史密斯家对组织者们提出起诉。
  • He attempts to rebut the assertion made by the prosecution witness.他试图反驳原告方证人所作的断言。
9 dealer GyNxT     
n.商人,贩子
参考例句:
  • The dealer spent hours bargaining for the painting.那个商人为购买那幅画花了几个小时讨价还价。
  • The dealer reduced the price for cash down.这家商店对付现金的人减价优惠。
10 broker ESjyi     
n.中间人,经纪人;v.作为中间人来安排
参考例句:
  • He baited the broker by promises of higher commissions.他答应给更高的佣金来引诱那位经纪人。
  • I'm a real estate broker.我是不动产经纪人。
11 confrontation xYHy7     
n.对抗,对峙,冲突
参考例句:
  • We can't risk another confrontation with the union.我们不能冒再次同工会对抗的危险。
  • After years of confrontation,they finally have achieved a modus vivendi.在对抗很长时间后,他们最后达成安宁生存的非正式协议。
12 perfectly 8Mzxb     
adv.完美地,无可非议地,彻底地
参考例句:
  • The witnesses were each perfectly certain of what they said.证人们个个对自己所说的话十分肯定。
  • Everything that we're doing is all perfectly above board.我们做的每件事情都是光明正大的。
13 defense AxbxB     
n.防御,保卫;[pl.]防务工事;辩护,答辩
参考例句:
  • The accused has the right to defense.被告人有权获得辩护。
  • The war has impacted the area with military and defense workers.战争使那个地区挤满了军队和防御工程人员。
14 sewer 2Ehzu     
n.排水沟,下水道
参考例句:
  • They are tearing up the street to repair a sewer. 他们正挖开马路修下水道。
  • The boy kicked a stone into the sewer. 那个男孩把一石子踢进了下水道。

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