VOA标准英语2009年-Geithner Calls for Coordinated Global Acti

U.S. Treasury¹ Secretary Timothy Geithner said broad, coordinated² global action is key to repairing the damaged credit markets and lifting the world out of recession. He said the Obama administration wants Congress to act quickly on legislation that would give it new powers to seize financial firms whose collapse⁴ could jeopardize⁵ the U.S. economy.
　
US Treasury Secretary Timothy Geithner at Council on Foreign Relations in New York, 25 Mar³ 2009

Speaking Wednesday at the Council on Foreign Relations in New York, Secretary Geithner said the United States should never again be faced with having to choose between a financial meltdown and massive taxpayer⁶ bailouts. He said global financial recovery and reforms must be coordinated with the international community.

"Because we've learned that risk does not respect national borders, our plan will not focus solely⁷ on improving the basic framework in the United States. But we need the world to move with us and reach consensus⁸ on a broader set of global standards that can be applied⁹ more evenly and enforced more credibly¹⁰ around the world," he said.
　
AIG CEO Edward Liddy testifies, 18 Mar 2009, before the House Capital Markets, Insurance and Government Sponsored Enterprises subcommittee

On Tuesday, Geithner told Congress that the government must have the authority to seize non-bank entities¹¹, arguing that massive destabilizing dangers can come from financial institutions - a lesson learned from the rescue of American International Group, or AIG, a giant insurer that received a $180 billion taxpayer bailout.

Geithner is scheduled to testify to Congress on Thursday, where he will outline the Obama administration's proposals for an overhaul¹² of the nation's financial regulatory structure. The legislation will seek to limit risk-taking at firms and would raise regulatory requirements to ensure that banks have enough money on hand to weather an economic downturn.

Geithner said President Obama will present these points at next week's G-20 economic summit in London.

"I think you are seeing, around the world, a very strong commitment to action on the global crisis. I think you look at what's happened to monetary¹³ policy and fiscal¹⁴ policy across the countries of the G-20, you have a lot of financial force now coming on screen," said Geithner. "If you contrast what is happening in this crisis to what we saw in the last major global crises of the last several decades, I think you are seeing more action now on a broader scale," he noted¹⁵.

Europe and the United States have been at odds¹⁶ over ways to deal with the economic crisis, with Washington pushing the 27-nation European Union to spend more to fight it.

France and Germany said Tuesday that the G-20 summit must produce stricter financial market regulation and should not rely so heavily on stimulus¹⁷ spending and taxpayer bailouts.

Geithner said that one of the most tragic¹⁸ elements of the economic crisis has been the lack of protections for taxpayers¹⁹ and consumers. He said the most vulnerable and often the most financially responsible individuals have suffered the most.

The Obama administration in the coming weeks also will propose new and stronger rules to protect consumers and investors²⁰ against financial fraud and abuse.

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 coordinated   

adj.协调的

参考例句：

• The sound has to be coordinated with the picture. 声音必须和画面协调一致。
• The numerous existing statutes are complicated and poorly coordinated. 目前繁多的法令既十分复杂又缺乏快调。 来自英汉非文学 - 环境法 - 环境法

3 mar   

vt.破坏，毁坏，弄糟

参考例句：

• It was not the custom for elderly people to mar the picnics with their presence.大人们照例不参加这样的野餐以免扫兴。
• Such a marriage might mar your career.这样的婚姻说不定会毁了你的一生。

4 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。

5 jeopardize   

vt.危及，损害

参考例句：

• Overworking can jeopardize your health.工作过量可能会危及你的健康。
• If you are rude to the boss it may jeopardize your chances of success.如果你对上司无礼，那就可能断送你成功的机会。

6 taxpayer   

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。

7 solely   

adv.仅仅，唯一地

参考例句：

• Success should not be measured solely by educational achievement.成功与否不应只用学业成绩来衡量。
• The town depends almost solely on the tourist trade.这座城市几乎完全靠旅游业维持。

8 consensus   

n.(意见等的)一致，一致同意，共识

参考例句：

• Can we reach a consensus on this issue?我们能在这个问题上取得一致意见吗？
• What is the consensus of opinion at the afternoon meeting?下午会议上一致的意见是什么？

9 applied   

adj.应用的；v.应用，适用

参考例句：

• She plans to take a course in applied linguistics.她打算学习应用语言学课程。
• This cream is best applied to the face at night.这种乳霜最好晚上擦脸用。

10 credibly   

ad.可信地；可靠地

参考例句：

• I am credibly informed that. 由可靠方面听说。
• An effective management software ensures network to run credibly. 一个高效的网管软件是网络运行的可靠保证。

11 entities   

实体对像； 实体，独立存在体，实际存在物( entity的名词复数 )

参考例句：

• Our newspaper and our printing business form separate corporate entities. 我们的报纸和印刷业形成相对独立的企业实体。
• The North American continent is made up of three great structural entities. 北美大陆是由三个构造单元组成的。

12 overhaul   

v./n.大修，仔细检查

参考例句：

• Master Worker Wang is responsible for the overhaul of this grinder.王师傅主修这台磨床。
• It is generally appreciated that the rail network needs a complete overhaul.众所周知，铁路系统需要大检修。

13 monetary   

adj.货币的，钱的；通货的；金融的；财政的

参考例句：

• The monetary system of some countries used to be based on gold.过去有些国家的货币制度是金本位制的。
• Education in the wilderness is not a matter of monetary means.荒凉地区的教育不是钱财问题。

14 fiscal   

adj.财政的，会计的，国库的，国库岁入的

参考例句：

• The increase of taxation is an important fiscal policy.增税是一项重要的财政政策。
• The government has two basic strategies of fiscal policy available.政府有两个可行的财政政策基本战略。

15 noted   

adj.著名的，知名的

参考例句：

• The local hotel is noted for its good table.当地的那家酒店以餐食精美而著称。
• Jim is noted for arriving late for work.吉姆上班迟到出了名。

16 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？

17 stimulus   

n.刺激，刺激物，促进因素，引起兴奋的事物

参考例句：

• Regard each failure as a stimulus to further efforts.把每次失利看成对进一步努力的激励。
• Light is a stimulus to growth in plants.光是促进植物生长的一个因素。

18 tragic   

adj.悲剧的，悲剧性的，悲惨的

参考例句：

• The effect of the pollution on the beaches is absolutely tragic.污染海滩后果可悲。
• Charles was a man doomed to tragic issues.查理是个注定不得善终的人。

19 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。

20 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