NPR 2011-09-23

 The deep market losses suffered in other global market today are playing out on Wall Street. The massive sell-off spurred by pessimism¹ about the long-term health of the US and European economies. At last check, the Dow was down more than 450 points, more than 4%, at 10,674; NASDAQ was off nearly 4% at 2,439; S&P 500 down nearly 4% as well at 1,121.

 

Many people close to retirement² are worried about their savings³ as the markets gyrate. NPR's Paul Brown reports investment advisers⁵ are urging people to make sure they have a plan to weather tough economic times.

 

Talk to numerous investment advisers and you'll get much the same message. Take care of the basics while making your assets grow. Dan Katy is financial planning director at financial services company TIAA-CREF. He recommends investing in annuities⁶ that earn interest unaffected by the ups and downs of financial markets.

 

"By doing that, I'm accumulating funds that could produce a steady lifetime income and create, we often call, a guaranteed income floor."

 

But Katy says with planning for that floor in place, part of a retirement investment portfolio⁷ should consist of stocks because overtime⁸ despite some sharp drops, they've proven to have the most appreciation⁹ potential. Paul Brown, NPR News.

 

And faced with the high unemployment rate, President Obama is making his latest public appeal for support of his jobs creation plan in Ohio this hour.

 

President Obama's nominee¹⁰ to lead the Council of Economic Adviser⁴ says the government could do more to fight high unemployment. NPR's Scott Horsley reports Alan Krueger, who was quizzed by members of the Senate Banking¹¹ Committee.

 

Alan Krueger says the ideas in the president's jobs proposal, such as the payroll¹² tax cut for employers, would help put more Americans back to work. Krueger, who's back at Princeton after stand in the Treasury¹³ Department, would play a role in shaping those policies if he's confirmed as one of president's top economic advisers.

 

"I don't think the president is satisfied with the pace of the recovery, and the reason why when he asked me to come back, I agreed, is because I think there're more things that we can do to strengthen the economy."

 

The top Republican on the committee voiced skepticism about the president's jobs proposal but said Krueger is likely to be confirmed. Scott Horsley, NPR News, Washington.

 

House Speaker John Boehner's trying to reassure¹⁴ concerned voters there is no threat of a government shutdown. He's (was) working to turn the tide of an unexpected outcome yesterday when fiscally¹⁵ conservative Republicans broke ranks with the party leadership and voted against a stopgap spending bill that they said didn't cut spending enough. A majority of Democrats¹⁷ also voted against the legislation.

 

Dow down 476 points.

 

This is NPR News.

 

Former Olympian Carl Lewis's run for state Senate in New Jersey¹⁸ appears to be off again. As NPR's Joel Rose reports, an appeals court in Philadelphia today reversed its own earlier ruling that Lewis can't appear on the ballot¹⁹. 

 

Carl Lewis won nine Olympic gold medals during his celebrated²⁰ track and field career. But his political career is stuck on the starting line. Lewis grew up in New Jersey and bought homes there in 2005 and 2007. He's now trying to run for a state Senate seat as a Democrat¹⁶. But Republicans argue Lewis does not meet the state's four-year residency requirement because he voted in California just two years ago. Earlier this month, the Third Circuit Court of Appeals in Philadelphia seemed to side with Lewis. But in an unusual movement, a three-judge panel heard new arguments in the case this week, and then it issued a ruling ordering Lewis off the ballot. Joel Rose, NPR News, Philadelphia.

 

A scathing²¹ US assessment²² on Syria today as the ambassador to Damascus warned the Syrian president is losing support among key constituents²³. But Robert Ford²⁴ tells Reuters news service that President Bashar al-Assad's army remains²⁵ very powerful and cohesive²⁶ as it continues to crackdown on dissent²⁷. 

 

Associated Press reporting that the Libyan former prime minister who served during Mummer Gaddafi's regime has been arrested in southern Tunisia. That announcement today from Tunisia's Interior Ministry²⁸. Meanwhile, weeks after Gaddafi was ousted²⁹, his whereabouts are still unknown.

 

The latest from Wall Street. Dow down 474 points, more than 4%, at 10,651; NASDAQ down more than 100 points at 2,434.

 

I'm Lakshmi Singh, NPR News.

1 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。

2 retirement   

n.退休，退职

参考例句：

• She wanted to enjoy her retirement without being beset by financial worries.她想享受退休生活而不必为金钱担忧。
• I have to put everything away for my retirement.我必须把一切都积蓄起来以便退休后用。

3 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。

4 adviser   

n.劝告者，顾问

参考例句：

• They employed me as an adviser.他们聘请我当顾问。
• Our department has engaged a foreign teacher as phonetic adviser.我们系已经聘请了一位外籍老师作为语音顾问。

5 advisers   

顾问，劝告者( adviser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：

• a member of the President's favoured circle of advisers 总统宠爱的顾问班子中的一员
• She withdrew to confer with her advisers before announcing a decision. 她先去请教顾问然后再宣布决定。

6 annuities   

n.养老金；年金( annuity的名词复数 )；（每年的）养老金；年金保险；年金保险投资

参考例句：

• Many companies in this country grant their old employees annuities after they retire. 这个国家的许多公司在老年雇员退休后发给他们养老年金。 来自辞典例句
• Can I interest you in one of our Easter Annuities or IRA accounts? 您对我们的复活节年金保险或者个人退休金帐户有兴趣吗？ 来自电影对白

7 portfolio   

n.公事包；文件夹；大臣及部长职位

参考例句：

• He remembered her because she was carrying a large portfolio.他因为她带着一个大公文包而记住了她。
• He resigned his portfolio.他辞去了大臣职务。

8 overtime   

adj.超时的，加班的；adv.加班地

参考例句：

• They are working overtime to finish the work.为了完成任务他们正在加班加点地工作。
• He was paid for the overtime he worked.他领到了加班费。

9 appreciation   

n.评价；欣赏；感谢；领会，理解；价格上涨

参考例句：

• I would like to express my appreciation and thanks to you all.我想对你们所有人表达我的感激和谢意。
• I'll be sending them a donation in appreciation of their help.我将送给他们一笔捐款以感谢他们的帮助。

10 nominee   

n.被提名者；被任命者；被推荐者

参考例句：

• His nominee for vice president was elected only after a second ballot.他提名的副总统在两轮投票后才当选。
• Mr.Francisco is standing as the official nominee for the post of District Secretary.弗朗西斯科先生是行政书记职位的正式提名人。

11 banking   

n.银行业，银行学，金融业

参考例句：

• John is launching his son on a career in banking.约翰打算让儿子在银行界谋一个新职位。
• He possesses an extensive knowledge of banking.他具有广博的银行业务知识。

12 payroll   

n.工资表，在职人员名单，工薪总额

参考例句：

• His yearly payroll is $1.2 million.他的年薪是120万美元。
• I can't wait to get my payroll check.我真等不及拿到我的工资单了。

13 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。

14 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。

15 fiscally   

在国库方面，财政上，在国库岁入方面

参考例句：

• Nor will fiscally stretched governments pump more money into the political equivalent of a leper colony. 财政吃紧的政府也不愿将更多的钱投入这个避之唯恐不及的政治瘟疫区。
• We are more fiscally constrained, which forces us to work smarter and more efficiently. 与F-15相比我们资金上的限制更大了，美女类小游戏，这迫使我们更为精心和有效地工作。

16 democrat   

n.民主主义者，民主人士；民主党党员

参考例句：

• The Democrat and the Public criticized each other.民主党人和共和党人互相攻击。
• About two years later,he was defeated by Democrat Jimmy Carter.大约两年后，他被民主党人杰米卡特击败。

17 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》

18 jersey   

n.运动衫

参考例句：

• He wears a cotton jersey when he plays football.他穿运动衫踢足球。
• They were dressed alike in blue jersey and knickers.他们穿着一致，都是蓝色的运动衫和灯笼短裤。

19 ballot   

n.（不记名）投票，投票总数，投票权；vi.投票

参考例句：

• The members have demanded a ballot.会员们要求投票表决。
• The union said they will ballot members on whether to strike.工会称他们将要求会员投票表决是否罢工。

20 celebrated   

adj.有名的，声誉卓著的

参考例句：

• He was soon one of the most celebrated young painters in England.不久他就成了英格兰最负盛名的年轻画家之一。
• The celebrated violinist was mobbed by the audience.观众团团围住了这位著名的小提琴演奏家。

21 scathing   

adj.（言词、文章）严厉的，尖刻的；不留情的adv.严厉地，尖刻地v.伤害，损害（尤指使之枯萎）( scathe的现在分词)

参考例句：

• a scathing attack on the new management 针对新的管理层的猛烈抨击
• Her speech was a scathing indictment of the government's record on crime. 她的演讲强烈指责了政府在犯罪问题上的表现。 来自《简明英汉词典》

22 assessment   

n.评价；评估；对财产的估价，被估定的金额

参考例句：

• This is a very perceptive assessment of the situation.这是一个对该情况的极富洞察力的评价。
• What is your assessment of the situation?你对时局的看法如何？

23 constituents   

n.选民( constituent的名词复数 )；成分；构成部分；要素

参考例句：

• She has the full support of her constituents. 她得到本区选民的全力支持。
• Hydrogen and oxygen are the constituents of water. 氢和氧是水的主要成分。 来自《简明英汉词典》

24 Ford   

n.浅滩，水浅可涉处；v.涉水，涉过

参考例句：

• They were guarding the bridge,so we forded the river.他们驻守在那座桥上，所以我们只能涉水过河。
• If you decide to ford a stream,be extremely careful.如果已决定要涉过小溪，必须极度小心。

25 remains   

n.剩余物，残留物；遗体，遗迹

参考例句：

• He ate the remains of food hungrily.他狼吞虎咽地吃剩余的食物。
• The remains of the meal were fed to the dog.残羹剩饭喂狗了。

26 cohesive   

adj.有粘着力的；有结合力的；凝聚性的

参考例句：

• She sealed the parcel with cohesive tape.她用粘胶带把包裹封起来。
• The author skillfully fuses these fragments into a cohesive whole.作者将这些片断巧妙地结合成一个连贯的整体。

27 dissent   

n./v.不同意，持异议

参考例句：

• It is too late now to make any dissent.现在提出异议太晚了。
• He felt her shoulders gave a wriggle of dissent.他感到她的肩膀因为不同意而动了一下。

28 ministry   

n.(政府的)部；牧师

参考例句：

• They sent a deputation to the ministry to complain.他们派了一个代表团到部里投诉。
• We probed the Air Ministry statements.我们调查了空军部的记录。

29 ousted   

驱逐( oust的过去式和过去分词 )； 革职； 罢黜； 剥夺

参考例句：

• He was ousted as chairman. 他的主席职务被革除了。
• He may be ousted by a military takeover. 他可能在一场军事接管中被赶下台。