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The leaders of Detroit's struggling Big Three automakers are appearing before the Senate today, where prospects of ~25 billion in emergency loans to the industry appear to be stalling.
Amid GOP cries of "corporate welfare", Senate Majority Leader Reid introduced a bill yester-day to let the automakers and component suppliers tap into some of the money Congress allotted in the ¥700 billion financial bailout.
Reid, launching a lame-duck session, warned of a "potential meltdown" in the industry with devastating consequences. He said 355,000 people are employed by the industry and 4.5 million more work in related industries. An additional 1 million people, retirees and their relatives, are covered by retirement and medical plants within the industry, he said.
The Big Three-General Motors, Ford, and Chrysler-have been whipsawed by the faltering economy and credit crunch.
But the odds do not look good for Detroit. At the heart of the debate is whether automakers are deserving as a linchpin of the U.S. economy or not, in the words of one high-profile critic,Republican Sen. Richard Shelby of Alabama, is an innovation-averse "dinosaur".
Shelby, appearing on Sunday to meet the Press, said "Get rid of the management. Get rid of the boards-the people who brought them to where they are today. This is a dead end. It's a road to nowhere, and it's a big burden on the American taxpayer,"
Republicans attacked the measure on several fronts. Some questioned the rush to judgment,others warned that other industries would soon line up for help. And some charged that the firms brought on their troubles by agreeing to union contracts with wages and benefits costing an average of ¥73 an hour, compared with ¥28 an hour for the average private firm.
GOP Sen. Arlen Specter of Pennsylvania said the ¥T00 billion rescue was the No. I issued when he toured the state recently. "Candidily, the temperature of my constituents was boiling, 212 degrees Fahrenheit, and the thermometer was broken," he said.
Some opponents prefer that the automakers pursue Chapter 11 reorganizations instead of hitting up Uncle Sam.
Democrats argue that the ~25 billion is only 4 percent of the bigger bailout. Reid's spokesman, Jim Manley, said the bill has robust language on corporate oversight, taxpayer protections, and executive compensation limits.
A compromise could be struck if Democrats bowed to GOP pressure and, instead of new loans,rewrote the rules for ~25 billion in loans granted to automakers to help them retool factories to buildfuel-efficientvehicles. "It'smindboggling",oneRepublicansaidof Democrats'intransigence. "If I were them, I' d want to get this off my plate before Obama becomes president."
The automotive executives, Alan Mulatly, Ford's president and CEO, Robert Nardelli,Chrysler's chairman and CEO, and Rick Wagoner, GM's chairman and CEO, are to appear before the Senate Banking Committee. Shelby is the top Republican on the panel.
The post-election lame-duck session is the last chance to sign off on the measure during this Congress. The bill probably can pass the House, but prospects are iffy in the Senate, where Democrats need 60 votes to block an expected filibuster.
If nothing passes, it could be taken up in January by the next Congress, which will have a broader Democratic majority.
Sen. Arlen Specter is quoted in Paragraph 8 to ( ).
Amid GOP cries of "corporate welfare", Senate Majority Leader Reid introduced a bill yester-day to let the automakers and component suppliers tap into some of the money Congress allotted in the ¥700 billion financial bailout.
Reid, launching a lame-duck session, warned of a "potential meltdown" in the industry with devastating consequences. He said 355,000 people are employed by the industry and 4.5 million more work in related industries. An additional 1 million people, retirees and their relatives, are covered by retirement and medical plants within the industry, he said.
The Big Three-General Motors, Ford, and Chrysler-have been whipsawed by the faltering economy and credit crunch.
But the odds do not look good for Detroit. At the heart of the debate is whether automakers are deserving as a linchpin of the U.S. economy or not, in the words of one high-profile critic,Republican Sen. Richard Shelby of Alabama, is an innovation-averse "dinosaur".
Shelby, appearing on Sunday to meet the Press, said "Get rid of the management. Get rid of the boards-the people who brought them to where they are today. This is a dead end. It's a road to nowhere, and it's a big burden on the American taxpayer,"
Republicans attacked the measure on several fronts. Some questioned the rush to judgment,others warned that other industries would soon line up for help. And some charged that the firms brought on their troubles by agreeing to union contracts with wages and benefits costing an average of ¥73 an hour, compared with ¥28 an hour for the average private firm.
GOP Sen. Arlen Specter of Pennsylvania said the ¥T00 billion rescue was the No. I issued when he toured the state recently. "Candidily, the temperature of my constituents was boiling, 212 degrees Fahrenheit, and the thermometer was broken," he said.
Some opponents prefer that the automakers pursue Chapter 11 reorganizations instead of hitting up Uncle Sam.
Democrats argue that the ~25 billion is only 4 percent of the bigger bailout. Reid's spokesman, Jim Manley, said the bill has robust language on corporate oversight, taxpayer protections, and executive compensation limits.
A compromise could be struck if Democrats bowed to GOP pressure and, instead of new loans,rewrote the rules for ~25 billion in loans granted to automakers to help them retool factories to buildfuel-efficientvehicles. "It'smindboggling",oneRepublicansaidof Democrats'intransigence. "If I were them, I' d want to get this off my plate before Obama becomes president."
The automotive executives, Alan Mulatly, Ford's president and CEO, Robert Nardelli,Chrysler's chairman and CEO, and Rick Wagoner, GM's chairman and CEO, are to appear before the Senate Banking Committee. Shelby is the top Republican on the panel.
The post-election lame-duck session is the last chance to sign off on the measure during this Congress. The bill probably can pass the House, but prospects are iffy in the Senate, where Democrats need 60 votes to block an expected filibuster.
If nothing passes, it could be taken up in January by the next Congress, which will have a broader Democratic majority.
Sen. Arlen Specter is quoted in Paragraph 8 to ( ).
A.reflect the reaction of the ordinary people to the hill
B.illustrate people's approval of passing the measure
C.demonstrate the troubles caused by agreeing to union contracts
D.show the devastating impact of auto industry on society
B.illustrate people's approval of passing the measure
C.demonstrate the troubles caused by agreeing to union contracts
D.show the devastating impact of auto industry on society
参考答案
参考解析
解析:文章第八段中最后一句话,可以得知大家的热情高涨,也就意指大家同意通过这项措施。
更多 “The leaders of Detroit's struggling Big Three automakers are appearing before the Senate today, where prospects of ~25 billion in emergency loans to the industry appear to be stalling. Amid GOP cries of "corporate welfare", Senate Majority Leader Reid introduced a bill yester-day to let the automakers and component suppliers tap into some of the money Congress allotted in the ¥700 billion financial bailout. Reid, launching a lame-duck session, warned of a "potential meltdown" in the industry with devastating consequences. He said 355,000 people are employed by the industry and 4.5 million more work in related industries. An additional 1 million people, retirees and their relatives, are covered by retirement and medical plants within the industry, he said. The Big Three-General Motors, Ford, and Chrysler-have been whipsawed by the faltering economy and credit crunch. But the odds do not look good for Detroit. At the heart of the debate is whether automakers are deserving as a linchpin of the U.S. economy or not, in the words of one high-profile critic,Republican Sen. Richard Shelby of Alabama, is an innovation-averse "dinosaur". Shelby, appearing on Sunday to meet the Press, said "Get rid of the management. Get rid of the boards-the people who brought them to where they are today. This is a dead end. It's a road to nowhere, and it's a big burden on the American taxpayer," Republicans attacked the measure on several fronts. Some questioned the rush to judgment,others warned that other industries would soon line up for help. And some charged that the firms brought on their troubles by agreeing to union contracts with wages and benefits costing an average of ¥73 an hour, compared with ¥28 an hour for the average private firm. GOP Sen. Arlen Specter of Pennsylvania said the ¥T00 billion rescue was the No. I issued when he toured the state recently. "Candidily, the temperature of my constituents was boiling, 212 degrees Fahrenheit, and the thermometer was broken," he said. Some opponents prefer that the automakers pursue Chapter 11 reorganizations instead of hitting up Uncle Sam. Democrats argue that the ~25 billion is only 4 percent of the bigger bailout. Reid's spokesman, Jim Manley, said the bill has robust language on corporate oversight, taxpayer protections, and executive compensation limits. A compromise could be struck if Democrats bowed to GOP pressure and, instead of new loans,rewrote the rules for ~25 billion in loans granted to automakers to help them retool factories to buildfuel-efficientvehicles. "It'smindboggling",oneRepublicansaidof Democrats'intransigence. "If I were them, I' d want to get this off my plate before Obama becomes president." The automotive executives, Alan Mulatly, Ford's president and CEO, Robert Nardelli,Chrysler's chairman and CEO, and Rick Wagoner, GM's chairman and CEO, are to appear before the Senate Banking Committee. Shelby is the top Republican on the panel. The post-election lame-duck session is the last chance to sign off on the measure during this Congress. The bill probably can pass the House, but prospects are iffy in the Senate, where Democrats need 60 votes to block an expected filibuster. If nothing passes, it could be taken up in January by the next Congress, which will have a broader Democratic majority. Sen. Arlen Specter is quoted in Paragraph 8 to ( ).A.reflect the reaction of the ordinary people to the hill B.illustrate people's approval of passing the measure C.demonstrate the troubles caused by agreeing to union contracts D.show the devastating impact of auto industry on society” 相关考题
考题
The president has the authority to appoint federal judges as vacancies occur, including members of the Supreme Court.The senate,however, must approve all treaties and confirm all appointments before they become official.()此题为判断题(对,错)。
考题
The leaders of Detroit's struggling Big Three automakers are appearing before the Senate today, where prospects of ~25 billion in emergency loans to the industry appear to be stalling.
Amid GOP cries of "corporate welfare", Senate Majority Leader Reid introduced a bill yester-day to let the automakers and component suppliers tap into some of the money Congress allotted in the ¥700 billion financial bailout.
Reid, launching a lame-duck session, warned of a "potential meltdown" in the industry with devastating consequences. He said 355,000 people are employed by the industry and 4.5 million more work in related industries. An additional 1 million people, retirees and their relatives, are covered by retirement and medical plants within the industry, he said.
The Big Three-General Motors, Ford, and Chrysler-have been whipsawed by the faltering economy and credit crunch.
But the odds do not look good for Detroit. At the heart of the debate is whether automakers are deserving as a linchpin of the U.S. economy or not, in the words of one high-profile critic,Republican Sen. Richard Shelby of Alabama, is an innovation-averse "dinosaur".
Shelby, appearing on Sunday to meet the Press, said "Get rid of the management. Get rid of the boards-the people who brought them to where they are today. This is a dead end. It's a road to nowhere, and it's a big burden on the American taxpayer,"
Republicans attacked the measure on several fronts. Some questioned the rush to judgment,others warned that other industries would soon line up for help. And some charged that the firms brought on their troubles by agreeing to union contracts with wages and benefits costing an average of ¥73 an hour, compared with ¥28 an hour for the average private firm.
GOP Sen. Arlen Specter of Pennsylvania said the ¥T00 billion rescue was the No. I issued when he toured the state recently. "Candidily, the temperature of my constituents was boiling, 212 degrees Fahrenheit, and the thermometer was broken," he said.
Some opponents prefer that the automakers pursue Chapter 11 reorganizations instead of hitting up Uncle Sam.
Democrats argue that the ~25 billion is only 4 percent of the bigger bailout. Reid's spokesman, Jim Manley, said the bill has robust language on corporate oversight, taxpayer protections, and executive compensation limits.
A compromise could be struck if Democrats bowed to GOP pressure and, instead of new loans,rewrote the rules for ~25 billion in loans granted to automakers to help them retool factories to buildfuel-efficientvehicles. "It'smindboggling",oneRepublicansaidof Democrats'intransigence. "If I were them, I' d want to get this off my plate before Obama becomes president."
The automotive executives, Alan Mulatly, Ford's president and CEO, Robert Nardelli,Chrysler's chairman and CEO, and Rick Wagoner, GM's chairman and CEO, are to appear before the Senate Banking Committee. Shelby is the top Republican on the panel.
The post-election lame-duck session is the last chance to sign off on the measure during this Congress. The bill probably can pass the House, but prospects are iffy in the Senate, where Democrats need 60 votes to block an expected filibuster.
If nothing passes, it could be taken up in January by the next Congress, which will have a broader Democratic majority.
On which of the following statements would the author most probably agree? ( )A.Democrats should reach an agreement in the face of Republican pressure
B.Senator Reid should send the bill after Obama becomes president
C.¥25 billion in loans should be solely used for updating factories
D.The chance of passing the bill in January would be greater than now
考题
On which of the following statements would the author most probably agree? ( )A.Democrats should reach an agreement in the face of Republican pressure
B.Senator Reid should send the bill after Obama becomes president
C.¥25 billion in loans should be solely used for updating factories
D.The chance of passing the bill in January would be greater than now
考题
The leaders of Detroit's struggling Big Three automakers are appearing before the Senate today, where prospects of ~25 billion in emergency loans to the industry appear to be stalling.
Amid GOP cries of "corporate welfare", Senate Majority Leader Reid introduced a bill yester-day to let the automakers and component suppliers tap into some of the money Congress allotted in the ¥700 billion financial bailout.
Reid, launching a lame-duck session, warned of a "potential meltdown" in the industry with devastating consequences. He said 355,000 people are employed by the industry and 4.5 million more work in related industries. An additional 1 million people, retirees and their relatives, are covered by retirement and medical plants within the industry, he said.
The Big Three-General Motors, Ford, and Chrysler-have been whipsawed by the faltering economy and credit crunch.
But the odds do not look good for Detroit. At the heart of the debate is whether automakers are deserving as a linchpin of the U.S. economy or not, in the words of one high-profile critic,Republican Sen. Richard Shelby of Alabama, is an innovation-averse "dinosaur".
Shelby, appearing on Sunday to meet the Press, said "Get rid of the management. Get rid of the boards-the people who brought them to where they are today. This is a dead end. It's a road to nowhere, and it's a big burden on the American taxpayer,"
Republicans attacked the measure on several fronts. Some questioned the rush to judgment,others warned that other industries would soon line up for help. And some charged that the firms brought on their troubles by agreeing to union contracts with wages and benefits costing an average of ¥73 an hour, compared with ¥28 an hour for the average private firm.
GOP Sen. Arlen Specter of Pennsylvania said the ¥T00 billion rescue was the No. I issued when he toured the state recently. "Candidily, the temperature of my constituents was boiling, 212 degrees Fahrenheit, and the thermometer was broken," he said.
Some opponents prefer that the automakers pursue Chapter 11 reorganizations instead of hitting up Uncle Sam.
Democrats argue that the ~25 billion is only 4 percent of the bigger bailout. Reid's spokesman, Jim Manley, said the bill has robust language on corporate oversight, taxpayer protections, and executive compensation limits.
A compromise could be struck if Democrats bowed to GOP pressure and, instead of new loans,rewrote the rules for ~25 billion in loans granted to automakers to help them retool factories to buildfuel-efficientvehicles. "It'smindboggling",oneRepublicansaidof Democrats'intransigence. "If I were them, I' d want to get this off my plate before Obama becomes president."
The automotive executives, Alan Mulatly, Ford's president and CEO, Robert Nardelli,Chrysler's chairman and CEO, and Rick Wagoner, GM's chairman and CEO, are to appear before the Senate Banking Committee. Shelby is the top Republican on the panel.
The post-election lame-duck session is the last chance to sign off on the measure during this Congress. The bill probably can pass the House, but prospects are iffy in the Senate, where Democrats need 60 votes to block an expected filibuster.
If nothing passes, it could be taken up in January by the next Congress, which will have a broader Democratic majority.
The passage intends to tell us that ( ).A.the gloomy prospects of passing Reid' s bill on saving the auto industry
B.the possibility of a compromise between two parties on bailing out auto industry
C.the correlation between sescuing auto industry and two parties' stance
D.the great difference between Democrats and Republics on rescuing in the Big Three
考题
The leaders of Detroit's struggling Big Three automakers are appearing before the Senate today, where prospects of ~25 billion in emergency loans to the industry appear to be stalling.
Amid GOP cries of "corporate welfare", Senate Majority Leader Reid introduced a bill yester-day to let the automakers and component suppliers tap into some of the money Congress allotted in the ¥700 billion financial bailout.
Reid, launching a lame-duck session, warned of a "potential meltdown" in the industry with devastating consequences. He said 355,000 people are employed by the industry and 4.5 million more work in related industries. An additional 1 million people, retirees and their relatives, are covered by retirement and medical plants within the industry, he said.
The Big Three-General Motors, Ford, and Chrysler-have been whipsawed by the faltering economy and credit crunch.
But the odds do not look good for Detroit. At the heart of the debate is whether automakers are deserving as a linchpin of the U.S. economy or not, in the words of one high-profile critic,Republican Sen. Richard Shelby of Alabama, is an innovation-averse "dinosaur".
Shelby, appearing on Sunday to meet the Press, said "Get rid of the management. Get rid of the boards-the people who brought them to where they are today. This is a dead end. It's a road to nowhere, and it's a big burden on the American taxpayer,"
Republicans attacked the measure on several fronts. Some questioned the rush to judgment,others warned that other industries would soon line up for help. And some charged that the firms brought on their troubles by agreeing to union contracts with wages and benefits costing an average of ¥73 an hour, compared with ¥28 an hour for the average private firm.
GOP Sen. Arlen Specter of Pennsylvania said the ¥T00 billion rescue was the No. I issued when he toured the state recently. "Candidily, the temperature of my constituents was boiling, 212 degrees Fahrenheit, and the thermometer was broken," he said.
Some opponents prefer that the automakers pursue Chapter 11 reorganizations instead of hitting up Uncle Sam.
Democrats argue that the ~25 billion is only 4 percent of the bigger bailout. Reid's spokesman, Jim Manley, said the bill has robust language on corporate oversight, taxpayer protections, and executive compensation limits.
A compromise could be struck if Democrats bowed to GOP pressure and, instead of new loans,rewrote the rules for ~25 billion in loans granted to automakers to help them retool factories to buildfuel-efficientvehicles. "It'smindboggling",oneRepublicansaidof Democrats'intransigence. "If I were them, I' d want to get this off my plate before Obama becomes president."
The automotive executives, Alan Mulatly, Ford's president and CEO, Robert Nardelli,Chrysler's chairman and CEO, and Rick Wagoner, GM's chairman and CEO, are to appear before the Senate Banking Committee. Shelby is the top Republican on the panel.
The post-election lame-duck session is the last chance to sign off on the measure during this Congress. The bill probably can pass the House, but prospects are iffy in the Senate, where Democrats need 60 votes to block an expected filibuster.
If nothing passes, it could be taken up in January by the next Congress, which will have a broader Democratic majority.
We may infer from the third paragraph that ( ).A.the Big Three partly led to the bad economy and credit crunch
B.people doubted the auto industry as the backbone of the economy
C.the automakers lacked the spirit of innovation in the past
D.Richard Shelby, a high-profile critic, dislikes big animals like dinosaurs
考题
The passage intends to tell us that ( ).A.the gloomy prospects of passing Reid's bill on saving the auto industry
B.the possibility of a compromise between two parties on bailing out auto industry
C.the correlation between sescuing auto industry and two parties' stance
D.the great difference between Democrats and Republics on rescuing in the Big Three
考题
根据以下内容,回答240-244题。
The leaders of Detroit's struggling Big Three automakers are appearing before the Senate today, where prospects of 25 billion in emergency loans to the industry appear to be stalling.
Amid GOP cries of "corporate welfare", Senate Majority Leader Reid introduced a bill yester-day to let the automakers and component suppliers tap into some of the money Congress allotted in the ¥700 billion financial bailout.
Reid, launching a lame-duck session, warned of a"potential meltdown" in the industry with devastating consequences. He said 355,000 people are employed by the industry and 4.5 million more work in related industries. An additional 1 million people, retirees and their relatives, are covered by retirement and medical plants within the industry, he said.
The Big Three-General Motors, Ford, and Chrysler-have been whipsawed by the faltering economy and credit crunch.
But the odds do not look good for Detroit. At the heart of the debate is whether automakers are deserving as a linchpin of the U.S. economy or not, in the words of one high-profile critic,Republican Sen. Richard Shelby of Alabama, is an innovation-averse "dinosaur".
Shelby, appearing on Sunday to meet the Press, said "Get rid of the management. Get rid of the boards-the people who brought them to where they are today. This is a dead end. It's a road to nowhere, and it's a big burden on the American taxpayer."
Republicans attacked the measure on several fronts. Some questioned the rush to judgment,others warned that other industries would soon line up for help. And some charged that the firms brought on their troubles by agreeing to union contracts with wages and benefits costing an average of ¥73 an hour, compared with ¥28 an hour for the average private firm.
GOP Sen. Arlen Specter of Pennsylvania said the ¥700 billion rescue was the No.1 issued when he toured the state recently."Candidily, the temperature of my constituents was boiling,212degrees Fahrenheit, and the thermometer was broken," he said.
Some opponents prefer that the automakers pursue Chapter 11 reorganizations instead of hitting up Uncle Sam.
Democrats argue that the ¥25 billion is only 4 percent of the bigger bailout. Reid's spokesman, Jim Manley, said the bill has robust language on corporate oversight, taxpayer protections, and executive compensation limits.
A compromise could be struck if Democrats bowed to GOP pressure and, instead of new loans,rewrote the rules for ¥25 billion in loans granted to automakers to help them retool factories to build fuel-efficientvehicles. "It'smind boggling",oneRepublicansaidof Democrats'intransigence. "If I were them, I'd want to get this off my plate before Obama becomes president."
The automotive executives, Alan Mulatly, Ford's president and CEO, Robert Nardelli,
Chrysler's chairman and CEO, and Rick Wagoner, GM's chairman and CEO, are to appear before the Senate Banking Committee. Shelby is the top Republican on the panel.
The post-election lame-duck session is the last chance to sign off on the measure during this Congress. The bill probably can pass the House, but prospects are iffy in the Senate, where Democrats need 60 votes to block an expected filibuster.
If nothing passes, it could be taken up in January by the next Congress, which will have a broader Democratic majority.
Harry Reid proposed a bill for the automakers because ( ).A.GOP called for "corporate welfare"
B.the leaders of the Big Three came to Senate to stall the loans
C.the breakdown of American auto industry will affect millions of people's life
D.¥700 billion emergency loans is to be tapped into
考题
We may infer from the third paragraph that ( ).A.the Big Three partly led to the bad economy and credit crunch
B.people doubted the auto industry as the backbone of the economy
C.the automakers lacked the spirit of innovation in the past
D.Richard Shelby, a high-profile critic, dislikes big animals like dinosaurs
考题
The leaders of Detroit's struggling Big Three automakers are appearing before the Senate today, where prospects of ~25 billion in emergency loans to the industry appear to be stalling.
Amid GOP cries of "corporate welfare", Senate Majority Leader Reid introduced a bill yester-day to let the automakers and component suppliers tap into some of the money Congress allotted in the ¥700 billion financial bailout.
Reid, launching a lame-duck session, warned of a "potential meltdown" in the industry with devastating consequences. He said 355,000 people are employed by the industry and 4.5 million more work in related industries. An additional 1 million people, retirees and their relatives, are covered by retirement and medical plants within the industry, he said.
The Big Three-General Motors, Ford, and Chrysler-have been whipsawed by the faltering economy and credit crunch.
But the odds do not look good for Detroit. At the heart of the debate is whether automakers are deserving as a linchpin of the U.S. economy or not, in the words of one high-profile critic,Republican Sen. Richard Shelby of Alabama, is an innovation-averse "dinosaur".
Shelby, appearing on Sunday to meet the Press, said "Get rid of the management. Get rid of the boards-the people who brought them to where they are today. This is a dead end. It's a road to nowhere, and it's a big burden on the American taxpayer,"
Republicans attacked the measure on several fronts. Some questioned the rush to judgment,others warned that other industries would soon line up for help. And some charged that the firms brought on their troubles by agreeing to union contracts with wages and benefits costing an average of ¥73 an hour, compared with ¥28 an hour for the average private firm.
GOP Sen. Arlen Specter of Pennsylvania said the ¥T00 billion rescue was the No. I issued when he toured the state recently. "Candidily, the temperature of my constituents was boiling, 212 degrees Fahrenheit, and the thermometer was broken," he said.
Some opponents prefer that the automakers pursue Chapter 11 reorganizations instead of hitting up Uncle Sam.
Democrats argue that the ~25 billion is only 4 percent of the bigger bailout. Reid's spokesman, Jim Manley, said the bill has robust language on corporate oversight, taxpayer protections, and executive compensation limits.
A compromise could be struck if Democrats bowed to GOP pressure and, instead of new loans,rewrote the rules for ~25 billion in loans granted to automakers to help them retool factories to buildfuel-efficientvehicles. "It'smindboggling",oneRepublicansaidof Democrats'intransigence. "If I were them, I' d want to get this off my plate before Obama becomes president."
The automotive executives, Alan Mulatly, Ford's president and CEO, Robert Nardelli,Chrysler's chairman and CEO, and Rick Wagoner, GM's chairman and CEO, are to appear before the Senate Banking Committee. Shelby is the top Republican on the panel.
The post-election lame-duck session is the last chance to sign off on the measure during this Congress. The bill probably can pass the House, but prospects are iffy in the Senate, where Democrats need 60 votes to block an expected filibuster.
If nothing passes, it could be taken up in January by the next Congress, which will have a broader Democratic majority.
Harry Reid proposed a bill for the automakers because( ).A.GOP called for "corporate welfare"
B.the leaders of the Big Three came to Senate to stall the loans
C.the breakdown of American auto industry will affect millions of people' s life
D.¥700 billion emergency loans is to be tapped into
考题
Text 3 Disruption may bc the buzzword in boardrooms,but the most striking feature of business today is not the overturning of the established order.It is the stabilisation of a group of superstar companies at the heart of the global economy.Some are emerging-market champions,like Samsung,which have seized the opportunities provided by globalisation.The elite of the elite are high-tech wizards-Google,Apple,Facebook and the rest-that have conjured up corporate empires from bits and bytes.The superstars are admirable in many ways.They churn out products that improve consumers'lives,from smarter smartphones to sharper televisions.They provide Americans and Europeans with an estimated$280 billion-worth of"free"services-such as search or directions-a year.But they have two big faults.They are squashing competition,and they are using the darker arts of management to stay ahead.Neither is easy to solve.But failing to do so risks a backlash which will be bad for everyone.Bulking up is a global trend.The annual number of mergers and acquisitions is more than twice what it was in the 1990s.But concentration is at its most worrying in America.The share of GDP generated by America's 100 biggest companies rose from about 33%in 1994 t0 46%in 2013.In the home of the entrepreneur,the number of startups js lower than it has been at any time since the 1970s.More firms are dying than being bom.Founders dream of selling their firms to one of the giants rather than of building their own titans.The weight of the superstars also reflects their excellence at less productive activities.About 30%of global foreign direct investment(FDl)flows through tax havens,big companies routinely use"transfer pricing"to pretend that profits generated in one part of the world are in fact made in another.None of this helps the image of big business.Paying tax seems to be unavoidable for individuals but optional for firms.Rules are unbending for citizens,and up for negotiation when it comes to companies.Nor do profits translate into jobs as once they did.In 1990 the top three carmakers in Detroit had a market capitalisation of$36 billion and l.2 million employees.In 2014 the top three firms in Silicon Valley,with a market capitalisation ofover$l trillion,had only 137,000 employees.So,by all means celebrate the astonishing achievements of today's superstar companies.But also watch them.The world needs a healthy dose of competition to keep today's giants on their toes and to give those in their shadow a chance to grow.
The author's attitude towards superstar companies could be——A.supportive
B.critical
C.conservative
D.subjective
考题
资料:The personal computer was a revolution in information technology that spawned a $50 billion hardware business, with another $30 billion in software and peripherals (eg. mouse, keyboard, printer, etc.) by 1991. During its short 15 years, the industry evolved through three successive periods. During its first 5 to 6 years, it was characterized by explosive growth and multiple, small competitors vying for a piece of the market. From 1981 to 1985, the industry became a battle for standards and retail shelf space. The third era was one of increasing fragmentation. From 1986 through 1991-1992, new manufacturers from around the world grabbed from the industry leaders as new channels of distribution emerged and product innovation as well as revenue growth slowed.
During the early years of the industry, venture capital in the U.S. encouraged the entry of new firms that offered products in every conceivable shape and size. By 1980, new entrants flooded the market, prompting distinct standards and unique technical features. Almost every firm had a different configuration of hardware and software. The first PC had relatively little speed or memory. However, even these early computers allowed managers to perform tasks that were very time consuming.
What happened in the third era?A.The small companies experienced a harsh life.
B.People preferred PCs of big brands.
C.The big companies didn’t earn as much as they did in the past two periods.
D.The companies made standards on the configuration.
考题
The Parliament of Australia consists of the House of Representatives and( ) A.the House of Commons
B.the House of Lords
C.the Senate
D.the General
考题
According to paragraph 1,the presidency of Andrew Jackson was especially significant for which of the following reasons?( ) A.The President granted a portion of his power to the Senate.
B.The President began to address the Senate on a regular basis.
C.It was the beginning of the modern presidency in the United States.
D.It was the first time that the Senate had been known to oppose the President.
考题
According to paragraph 1,the presidency of Andrew Jackson was especially significant for which of the following reasons?( ) A.The President granted a portion of his power to the Senate
B.The President began to address the Senate on a regular basis
C.It was the beginning of the modern presidency in the United States
D.It was the first time that the Senate had been known to oppose the President
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The House Speaker and the temporary President of the Senate are usually()Aelected by the majority partyBchosen from the majority and minority partiesCmembers of the majority partyDchosen freely from the Congressmen and Senators
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Today,the City of London is the business center of London where()are located.A、big supermarketsB、theatres and cinemasC、large financial organizationsD、restaurants and cafes
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The House Speaker and the temporary President of the Senate are usually()A、elected by the majority partyB、chosen from the majority and minority partiesC、members of the majority partyD、chosen freely from the Congressmen and Senators
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The members in the Senate must be at least ()years old and those in the Representative ()years old.A、40,30B、30,26C、30,25
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填空题If the President wants to take significant action in foreign relations, it is necessary to gain the Senate’s cooperation and support.____
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填空题The Vice President plays the role of a kind chairman and the presiding officer when the Senate has a meeting.____
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问答题Practice 1 Some people call him “Guidone”—big Guido. Large in both physical stature and reputation, Guido Rossi, who took over as Telecom Italia's chairman on September 15th following the surprise resignation of Marco Tronchetti Provera, has stood out from the Italian business crowd for more than three decades. Mr. Rossi, who attended Harvard law school in the 1950s and wrote a book on American bankruptcy law, made his name as a corporate lawyer keen on market rules and their enforcement. He has since worked in both private and public sectors, including stints in the Italian Senate and as one of the European Commission's group of company-law experts. As well as running a busy legal practice, he also has a reputation as a corporate troubleshooter and all-round Mr Fix-It, and is often called upon to clean up organisations in crisis. His role at Telecom Italia marks a return to the company he headed for ten months in 1997, during its politically tricky and legally complex privatisation. Before that, Mr Rossi had been sent in to sort out Ferruzzi-Montedison, an agri-business and chemicals group, which had collapsed after magistrates uncovered tangentopoli (“bribesville”).
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填空题The bills are introduced to the House and the Senate before they are studied by the relevant committees.____
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单选题Where does the first passage likely appear?A
In a corporate promotional newsletterB
In a letter to the company's managementC
In a company's annual financial reportD
In the business section of a newspaper
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问答题The day before the day before yesterday is three days after Saturday. What day is it today?
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填空题According to the principle of state equality, each state is represented by two Senators in the Senate.____
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