CNN 2011-08-07

 Well, the debt deal is signed but the damage is done. Our nation's reputation is tarnished¹, and we're all likely to pay one way or another. 

 

Alison Kosik is looking at the cost to your retirement². George Howell showing how college students will take a hit. Ali Velshi with the new damage to America's standing³. And Ted⁴ Rowlands explains why thousands of jobs are now thrown into limbo⁵. 

 

All right, Ali. Let's go ahead and begin with you. The markets about to open and there's mixed news on the U.S. credit rating. 

 

Yes. And Moody's has already said that it's fine with the AAA credit rating. S&P hasn't opined yet. They're still studying the debt deal. 

 

A Chinese debt agency has downgraded the United States. It's not an agency, by the way, that most people would have heard of except that, as you know, the Chinese are the biggest buyers of your U.S. debt. 

 

Most big investors⁶ in U.S. bonds will do their own research so that's less of an issue. But as you know, Kyra, we are now -- this is the thirst morning in a row that you and I have spoken before the markets have opened. And they are supposed to have opened up and they have closed substantially lower on the day, which tells me two things. 

 

One is we're not obsessing⁷ about the debt deal. The markets got a lot of other things to consider. And it's a lot of mixed economic news out there. 

 

This is what the markets did yesterday. The Dow -- look at those? Those are big percentage numbers. Being down 2.2 percent, 2.8 on the NASDAQ, 2.6 on the S&P 500. The Dow has closed lower for eight days in a row. We're hoping to break that today. It's been a percentage loss of more than 6 percent. 

 

So if you're watching your 401(k), take a look at the Dow year-to- date. It's been a rocky year. But take a look right on the right side of the screen at the downward leg we've taken not only with this debt debate but then with the lower GDP numbers, with the lower manufacturing numbers, with the lower personal spending numbers. 

 

So we're very worried about that. And of course on Friday, we've got the jobs numbers which we already don't think are going to be robust⁸. If there's anything worse than we expect, that's going to affect investors. 

 

So that's all of what we're looking at right now. We could have a flat-ish opening on the market today but the question no longer, as you know, Kyra, is what happens at the open. It's going be what happens through the course of the day. And I can tell you this. It's going to be rough one way or the other. 

 

 

Checking stories "Cross Country." 

 

A man with a backpack jumps the fence. The Secret Service jumps him. The security breach⁹ triggered a lockdown at the White House and it all unfolded live during CNN's "JOHN KING, USA" show last night. 

 

And you want a little extra sugar in your coffee? Better watch what you asked for. A worker at a Dunkin' Donuts in Rockaway, New Jersey¹⁰, got busted¹¹ for prostitution. Apparently¹² the code for her services was to ask for a little extra sugar with your coffee. 

 

And a huge annual cycling event rolls through Iowa. Cops crack down on vendors¹³ still included without a license¹⁴ in the area. Yes, including this 4-year-old girl and her lemonade stand. Cops say tough, the law is the law. The girl's dad says, she wasn't even near the event.

1 tarnished   

（通常指金属）（使）失去光泽，（使）变灰暗( tarnish的过去式和过去分词 )； 玷污，败坏

参考例句：

• The mirrors had tarnished with age. 这些镜子因年深日久而照影不清楚。
• His bad behaviour has tarnished the good name of the school. 他行为不轨，败坏了学校的声誉。

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 standing   

n.持续，地位；adj.永久的，不动的，直立的，不流动的

参考例句：

• After the earthquake only a few houses were left standing.地震过后只有几幢房屋还立着。
• They're standing out against any change in the law.他们坚决反对对法律做任何修改。

4 ted   

vt.翻晒，撒，撒开

参考例句：

• The invaders gut ted the village.侵略者把村中财物洗劫一空。
• She often teds the corn when it's sunny.天好的时候她就翻晒玉米。

5 limbo   

n.地狱的边缘；监狱

参考例句：

• His life seemed stuck in limbo and he could not go forward and he could not go back.他的生活好像陷入了不知所措的境地，进退两难。
• I didn't know whether my family was alive or dead.I felt as if I was in limbo.我不知道家人是生是死，感觉自己茫然无措。

6 investors   

n.投资者，出资者( investor的名词复数 )

参考例句：

• a con man who bilked investors out of millions of dollars 诈取投资者几百万元的骗子
• a cash bonanza for investors 投资者的赚钱机会

7 obsessing   

v.时刻困扰( obsess的现在分词 )；缠住；使痴迷；使迷恋

参考例句：

• Why is everyone obsessing over system specs right now? 为啥现在人人都对系统配置情有独钟？ 来自互联网
• A nitpicker, obsessing over dimes, is too stiff to place orders. 一个连一毛钱都舍不得亏的人，因太过拘谨而不能下单。 来自互联网

8 robust   

adj.强壮的，强健的，粗野的，需要体力的，浓的

参考例句：

• She is too tall and robust.她个子太高，身体太壮。
• China wants to keep growth robust to reduce poverty and avoid job losses,AP commented.美联社评论道，中国希望保持经济强势增长，以减少贫困和失业状况。

9 breach   

n.违反，不履行；破裂；vt.冲破，攻破

参考例句：

• We won't have any breach of discipline.我们不允许任何破坏纪律的现象。
• He was sued for breach of contract.他因不履行合同而被起诉。

10 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。

11 busted   

adj. 破产了的，失败了的，被降级的，被逮捕的，被抓到的 动词bust的过去式和过去分词

参考例句：

• You are so busted! 你被当场逮住了！
• It was money troubles that busted up their marriage. 是金钱纠纷使他们的婚姻破裂了。

12 apparently   

adv.显然地；表面上，似乎

参考例句：

• An apparently blind alley leads suddenly into an open space.山穷水尽，豁然开朗。
• He was apparently much surprised at the news.他对那个消息显然感到十分惊异。

13 vendors   

n.摊贩( vendor的名词复数 )；小贩；（房屋等的）卖主；卖方

参考例句：

• The vendors were gazundered at the last minute. 卖主在最后一刻被要求降低房价。
• At the same time, interface standards also benefIt'software vendors. 同时，界面标准也有利于软件开发商。 来自About Face 3交互设计精髓

14 license   

n.执照，许可证，特许；v.许可，特许

参考例句：

• The foreign guest has a license on the person.这个外国客人随身携带执照。
• The driver was arrested for having false license plates on his car.司机由于使用假车牌而被捕。