CNN 2011-07-19

 The clock is ticking and the tensions are soaring and if u wanna an idea just how heated things are over the debit¹ crisis, listen to this. President Obama stormed at yesterday’s meeting, vowing² he would veto any extension of the debts ceiling and that’s only short term. Sources say the frustrated³ president said it to the House majority leader Eric C quote this could bring down my presidency⁴. Today talking congressional democrats⁵ and republicans returned to the White House for a fifth straight day of talks. The Aug 2 dead line is looming⁶ and pessimism⁷ is growing. In fact a major rate agency says it will review the nation’s sterling⁸ bound rating for a possible downgrade. We are covering all the angles of this. All important debt talks stories, debt l? at the White House to the reaction to the extraordinary retching up of tensions and Ali vows⁹  she is giving us the bottom line of the economics, why she just care the US bonds could face brutal¹⁰ reality check. 

 

Ali, let’s start with u, the downgrade would be kinda like seeing ur personal credit score just take a huge hit, right?

 

Right, we already have a debt problem. We already pay too much interest on too much debt. Downgrade would mean the cost of borrowing which the US has to do very regularly to increase borrowing would cost us more. So it would actually set us back. So most thinking  people think we need to avoid this debt not to be increased. Here are 3 consequences. First of all, if the debt limit is not increased. The debt costs go up. No2 it could freeze international borrowing and lending coz US is the safest bet in the world to lend money to. If the safest bet ,all of sudden becomes less safe, it turns the whole system upside down. No.3 it just crated¹¹ lack of uncertainty¹² and here in the stock market so a lot of people have investment in borrowing and ? started to suffer and there becomes the lack of quality, u heard them said before. People take their money out of market causing markets drop. They put their money in their cash or gold. You are seeing gold increase more records being set over the last few days. So at the moment, I will tell you, stocks are set to open higher this morning. That’s because the smart money is what they are working out but 20 days away. Here that’s dog years u know. Once we get close , stuff keeps happening. U will start to see markets dropping, dollar dropping, u will start to see a lot of fear

 

Checking the story across the country in California, the feds deal a critical blow to the Mexican in orange country. 99 alleged¹³ members rounded and charged crime including murder extortion and drug trafficking. Operation black fire also cease weapons everything from handguns to assault rifles. 

 

Take a look this group of pioneering Afghan women. They are in San Antonio Texas and they are training to become some of the first female pilots in the Afghan air-force. They will spent six months studying English before they learn how to fly helicopters.

1 debit   

n.借方，借项，记人借方的款项

参考例句：

• To whom shall I debit this sum?此款应记入谁的账户的借方？
• We undercharge Mr.Smith and have to send him a debit note for the extra amount.我们少收了史密斯先生的钱，只得给他寄去一张借条所要欠款。

2 vowing   

起誓，发誓（vow的现在分词形式）

参考例句：

• President Bush is vowing to help Minneapolis rebuild its collapsed bridge. 布什总统承诺将帮助明尼阿波利斯重建坍塌的大桥。
• President Bush is vowing to help Minneapolis rebuild this collapse bridge. 布什总统发誓要帮助明尼阿波利斯重建起这座坍塌的桥梁。

3 frustrated   

adj.挫败的，失意的，泄气的v.使不成功( frustrate的过去式和过去分词 )；挫败；使受挫折；令人沮丧

参考例句：

• It's very easy to get frustrated in this job. 这个工作很容易令人懊恼。
• The bad weather frustrated all our hopes of going out. 恶劣的天气破坏了我们出行的愿望。 来自《简明英汉词典》

4 presidency   

n.总统(校长，总经理)的职位(任期)

参考例句：

• Roosevelt was elected four times to the presidency of the United States.罗斯福连续当选四届美国总统。
• Two candidates are emerging as contestants for the presidency.两位候选人最终成为总统职位竞争者。

5 democrats   

n.民主主义者，民主人士( democrat的名词复数 )

参考例句：

• The Democrats held a pep rally on Capitol Hill yesterday. 民主党昨天在国会山召开了竞选誓师大会。
• The democrats organize a filibuster in the senate. 民主党党员组织了阻挠议事。 来自《简明英汉词典》

6 looming   

n.上现蜃景（光通过低层大气发生异常折射形成的一种海市蜃楼）v.隐约出现，阴森地逼近( loom的现在分词 )；隐约出现，阴森地逼近

参考例句：

• The foothills were looming ahead through the haze. 丘陵地带透过薄雾朦胧地出现在眼前。 来自《简明英汉词典》
• Then they looked up. Looming above them was Mount Proteome. 接着他们往上看，在其上隐约看到的是蛋白质组山。 来自英汉非文学 - 生命科学 - 回顾与展望

7 pessimism   

n.悲观者，悲观主义者，厌世者

参考例句：

• He displayed his usual pessimism.他流露出惯有的悲观。
• There is the note of pessimism in his writings.他的著作带有悲观色彩。

8 sterling   

adj.英币的(纯粹的，货真价实的)；n.英国货币(英镑)

参考例句：

• Could you tell me the current rate for sterling, please?能否请您告诉我现行英国货币的兑换率？
• Sterling has recently been strong,which will help to abate inflationary pressures.英国货币最近非常坚挺，这有助于减轻通胀压力。

9 vows   

誓言( vow的名词复数 )； 郑重宣布，许愿

参考例句：

• Matrimonial vows are to show the faithfulness of the new couple. 婚誓体现了新婚夫妇对婚姻的忠诚。
• The nun took strait vows. 那位修女立下严格的誓愿。

10 brutal   

adj.残忍的，野蛮的，不讲理的

参考例句：

• She has to face the brutal reality.她不得不去面对冷酷的现实。
• They're brutal people behind their civilised veneer.他们表面上温文有礼，骨子里却是野蛮残忍。

11 crated   

把…装入箱中( crate的过去式 )

参考例句：

• If I know Rhoda she's already crated and boxed them out of sight. 如果没猜错罗达的脾气，我相信她已经把它们装了箱放到一边了。
• Tanks must be completely drained of fuel before the vehicles are crated. 车辆在装箱前必须把油箱里的燃油完全排干。

12 uncertainty   

n.易变，靠不住，不确知，不确定的事物

参考例句：

• Her comments will add to the uncertainty of the situation.她的批评将会使局势更加不稳定。
• After six weeks of uncertainty,the strain was beginning to take its toll.6个星期的忐忑不安后，压力开始产生影响了。

13 alleged   

a.被指控的，嫌疑的

参考例句：

• It was alleged that he had taken bribes while in office. 他被指称在任时收受贿赂。
• alleged irregularities in the election campaign 被指称竞选运动中的不正当行为