NPR 2008-07-16

President Bush briefed reporters this morning on the economy. The president said the economy is strong and growing and that the administration's actions will keep the mortgage industry stable. NPR's Larry Abramson has more.

The Treasury¹ and Federal Reserve this week took steps to extend additional funds to Freddie Mac and Fannie Mae, which hold nearly half the mortgages in this country. In March, the government came to the rescue of investment giant Bear Stearns. The president was asked whether other institutions needed government help. "If your question is ‘Should the government bail² out private enterprise’, the answer is ‘No, it shouldn't.’ The shareholders³ still own the company." The president also told depositors not to panic and reminded them that their savings⁴ are insured by the government up to 100,000 dollars. The president also challenged Congress to open up off-shore drilling in order to increase the supply of oil. Larry Abramson, NPR News, Washington.

The head of the Federal Deposit Insurance Corporation, or the FDIC, is also trying to reassure⁵ jittery⁶ bank customers in the wake of the collapse⁷ of IndyMac Bank. FDIC head Sheila Bair, in an interview with NPR, said while some depositors who had amounts over federally insured limits could lose some money, deposits of up to 100,000 dollars are insured. Bair also said the current crisis pales in comparison to the S&L Debacle of two decades ago. "There were over two thousand during the S&L Debacle, I think it peaked in 1987, we closed 534 banks. Ah, so, you know, the five banks thatwe've closed, really, it's so small in comparison to what was going on then." However, that may be little solace⁸ for IndyMac customers, some of whom have been lining⁹ up this week after a government takeover of the bank to withdraw their money. Police had to be called at one point today to deal with an angry crowd outside an IndyMac branch in Encino, California.

One of the men who helped establish interrogation policies after 9/11 defended himself on Capitol Hill. Former Pentagon official Douglas Feith rejected accusations¹⁰ he helped pave the way for torture. NPR's Ari Shapiro has more.

Authors and human rights experts have argued that Feith was responsible for detainee abuse and violations¹¹ of international law at Guantanamo Bay. Feith vehemently¹² rejected those arguments. He said harsh interrogations were always humane¹³, and he said they were key to preventing future attacks. “Giving POW status to undeserving terrorists would make it impossible to get intelligence from many of them. It was legal, furthermore, it was necessary and urgent that US officials interrogate¹⁴ ‘war on terrorism’ detainees effectively.” Feith did not dispute government numbers that showed hundreds of detainees have been abused and in some cases, murdered. But he said people do bad things that are against law and against policy. Ari Shapiro, NPR News, Washington.

On Wall Street, the Dow Jones Industrial Average fell 92 points today, ending the session at 10,962. Decliners led advancers 3-1. The NASDAQ gained two points. The S&P 500 was down 13 points.

This is NPR.

The Senate has now followed the House's lead in overriding¹⁵ a presidential veto of a bill that would have cut Medicare reimbursements¹⁷ to insurers and blocked a scheduled pay cut for doctors who treat patients under the government's healthcare program for the elderly. The president said while he supports not reducing physician payments, he feels the 13 billion dollars in reimbursement¹⁶ cuts to insurers would reduce planned choices for seniors. The administration has opposed any plan to trim payments to private health plans which were encouraged to develop programs to treat Medicare patients.

According to a California watchdog commission, the state's prison system for adults and juveniles¹⁹ should be completely overhauled²⁰. As Steve Julian of member station KPCC reports, the recommendation is at odds²¹ with the promise Arnold Schwarzenegger made when he ran for governor.

Schwarzenegger campaigned on a promise to blow up bureaucratic²² boxes once he became governor. After he was elected, he combined the prison systems for adults and juveniles. But the Little Hoover Commission told the governor this week, it's unrealistic to believe the juvenile¹⁸ division will get the attention it deserves. It wants most young offenders²³ placed in local juvenile halls and to hold only the most violent criminals in regional lock-ups run by counties. The current system, the report finds, does little to rehabilitate²⁴. Three out of four young offenders commit new crimes within three years of getting out of jail. Some national experts have called California's juvenile justice system “draconian”. The current system will leave taxpayers²⁵ with a 378-million-dollar bill next year to care for the state's 1,500 juvenile inmates²⁶. For NPR News, I'm Steve Julian in Los Angeles.

Commerce Department reports retail²⁷ sales were up just a scant²⁸ one-tenth of one percent last month, far weaker than the four-tenths of a percent analysts²⁹ had hoped for. Much of the weakness was a result of continued problems for the auto³⁰ industry.

1 treasury   

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。

2 bail   

v.舀（水），保释；n.保证金，保释，保释人

参考例句：

• One of the prisoner's friends offered to bail him out.犯人的一个朋友答应保释他出来。
• She has been granted conditional bail.她被准予有条件保释。

3 shareholders   

n.股东( shareholder的名词复数 )

参考例句：

• 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

4 savings   

n.存款，储蓄

参考例句：

• 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。

5 reassure   

v.使放心，使消除疑虑

参考例句：

• This seemed to reassure him and he continued more confidently.这似乎使他放心一点，于是他更有信心地继续说了下去。
• The airline tried to reassure the customers that the planes were safe.航空公司尽力让乘客相信飞机是安全的。

6 jittery   

adj. 神经过敏的, 战战兢兢的

参考例句：

• However, nothing happened though he continued to feel jittery. 可是，自从拉上这辆车，并没有出什么错儿，虽然他心中嘀嘀咕咕的不安。 来自汉英文学 - 骆驼祥子
• The thirty-six Enterprise divebombers were being squandered in a jittery shot from the hip. 这三十六架“企业号”上的俯冲轰炸机正被孤注一掷。

7 collapse   

vi.累倒；昏倒；倒塌；塌陷

参考例句：

• The country's economy is on the verge of collapse.国家的经济已到了崩溃的边缘。
• The engineer made a complete diagnosis of the bridge's collapse.工程师对桥的倒塌做了一次彻底的调查分析。

8 solace   

n.安慰；v.使快乐；vt.安慰(物)，缓和

参考例句：

• They sought solace in religion from the harshness of their everyday lives.他们日常生活很艰难，就在宗教中寻求安慰。
• His acting career took a nosedive and he turned to drink for solace.演艺事业突然一落千丈，他便借酒浇愁。

9 lining   

n.衬里，衬料

参考例句：

• The lining of my coat is torn.我的外套衬里破了。
• Moss makes an attractive lining to wire baskets.用苔藓垫在铁丝篮里很漂亮。

10 accusations   

n.指责( accusation的名词复数 )；指控；控告；（被告发、控告的）罪名

参考例句：

• There were accusations of plagiarism. 曾有过关于剽窃的指控。
• He remained unruffled by their accusations. 对于他们的指控他处之泰然。

11 violations   

违反( violation的名词复数 )； 冒犯； 违反（行为、事例）； 强奸

参考例句：

• This is one of the commonest traffic violations. 这是常见的违反交通规则之例。
• These violations of the code must cease forthwith. 这些违犯法规的行为必须立即停止。

12 vehemently   

adv. 热烈地

参考例句：

• He argued with his wife so vehemently that he talked himself hoarse. 他和妻子争论得很激烈，以致讲话的声音都嘶哑了。
• Both women vehemently deny the charges against them. 两名妇女都激烈地否认了对她们的指控。

13 humane   

adj.人道的，富有同情心的

参考例句：

• Is it humane to kill animals for food?宰杀牲畜来吃合乎人道吗？
• Their aim is for a more just and humane society.他们的目标是建立一个更加公正、博爱的社会。

14 interrogate   

vt.讯问，审问，盘问

参考例句：

• The lawyer took a long time to interrogate the witness fully.律师花了很长时间仔细询问目击者。
• We will interrogate the two suspects separately.我们要对这两个嫌疑人单独进行审讯。

15 overriding   

a.最主要的

参考例句：

• Development is of overriding importance. 发展是硬道理
• My overriding concern is to raise the standards of state education. 我最关心的是提高国民教育水平。

16 reimbursement   

n.偿还，退还

参考例句：

• He received reimbursement for his travel expenses.由于出差的花费他可以得到公司的补偿。
• Which forms do I need to complete for my travel reimbursement?我需要填什么表来报我的旅费？

17 reimbursements   

n.偿还( reimbursement的名词复数 )；退款；补偿；赔偿

参考例句：

• We had to put in for the food reimbursements again. 我们不得不再次申请食物赔偿。 来自互联网
• Have you figured up the total of the reimbursements I gave you? 你有没有把我给你的报销账目全部加总了呢？ 来自互联网

18 juvenile   

n.青少年，少年读物；adj.青少年的，幼稚的

参考例句：

• For a grown man he acted in a very juvenile manner.身为成年人，他的行为举止显得十分幼稚。
• Juvenile crime is increasing at a terrifying rate.青少年犯罪正在以惊人的速度增长。

19 juveniles   

n.青少年( juvenile的名词复数 )；扮演少年角色的演员；未成年人

参考例句：

• Do you think that punishment for violent crimes should be the same for juveniles and adults? 你对暴力犯罪的惩罚对于青少年和成人应一样吗？ 来自生活英语口语25天快训
• Juveniles Should we not exactly in need of such strength and conviction? 少年的我们难道不正是需要这种力量和信念吗？ 来自互联网

20 overhauled   

v.彻底检查( overhaul的过去式和过去分词 )；大修；赶上；超越

参考例句：

• Within a year the party had drastically overhauled its structure. 一年内这个政党已大刀阔斧地整顿了结构。 来自《简明英汉词典》
• A mechanic overhauled the car's motor with some new parts. 一个修理工对那辆汽车的发动机进行了彻底的检修，换了一些新部件。 来自《简明英汉词典》

21 odds   

n.让步，机率，可能性，比率；胜败优劣之别

参考例句：

• The odds are 5 to 1 that she will win.她获胜的机会是五比一。
• Do you know the odds of winning the lottery once?你知道赢得一次彩票的几率多大吗？

22 bureaucratic   

adj.官僚的，繁文缛节的

参考例句：

• The sweat of labour washed away his bureaucratic airs.劳动的汗水冲掉了他身上的官气。
• In this company you have to go through complex bureaucratic procedures just to get a new pencil.在这个公司里即使是领一支新铅笔，也必须通过繁琐的手续。

23 offenders   

n.冒犯者( offender的名词复数 )；犯规者；罪犯；妨害…的人（或事物）

参考例句：

• Long prison sentences can be a very effective deterrent for offenders. 判处长期徒刑可对违法者起到强有力的威慑作用。
• Purposeful work is an important part of the regime for young offenders. 使从事有意义的劳动是管理少年犯的重要方法。

24 rehabilitate   

vt.改造(罪犯)，修复；vi.复兴，(罪犯)经受改造

参考例句：

• There was no money to rehabilitate the tower.没有资金修复那座塔。
• He used exercise programmes to rehabilitate the patients.他采用体育锻炼疗法使患者恢复健康。

25 taxpayers   

纳税人，纳税的机构( taxpayer的名词复数 )

参考例句：

• 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。

26 inmates   

n.囚犯( inmate的名词复数 )

参考例句：

• One of the inmates has escaped. 被收容的人中有一个逃跑了。 来自《简明英汉词典》
• The inmates were moved to an undisclosed location. 监狱里的囚犯被转移到一个秘密处所。 来自《简明英汉词典》

27 retail   

v./n.零售；adv.以零售价格

参考例句：

• In this shop they retail tobacco and sweets.这家铺子零售香烟和糖果。
• These shoes retail at 10 yuan a pair.这些鞋子零卖10元一双。

28 scant   

adj.不充分的，不足的；v.减缩，限制，忽略

参考例句：

• Don't scant the butter when you make a cake.做糕饼时不要吝惜奶油。
• Many mothers pay scant attention to their own needs when their children are small.孩子们小的时候，许多母亲都忽视自己的需求。

29 analysts   

分析家，化验员( analyst的名词复数 )

参考例句：

• City analysts forecast huge profits this year. 伦敦金融分析家预测今年的利润非常丰厚。
• I was impressed by the high calibre of the researchers and analysts. 研究人员和分析人员的高素质给我留下了深刻印象。

30 auto   

n.(=automobile)(口语)汽车

参考例句：

• Don't park your auto here.别把你的汽车停在这儿。
• The auto industry has brought many people to Detroit.汽车工业把许多人吸引到了底特律。