11.03.2007

VOASE1102_In the News

02 November 2007
Fernandez Makes History in Argentina, but Soon Comes the Real Work

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This is IN THE NEWS in VOA Special English.

Cristina Fernandez
Senator and first lady Cristina Fernandez de Kirchner this week became the first woman to be elected president of Argentina. The fifty-four-year-old lawyer and politician received about twice as many votes as her closest opponent, Elisa Carrio.

Cristina Fernandez will take office in December when her husband, President Nestor Kirchner, steps down after one term. She will face difficult issues including Argentina's high inflation rates and energy shortages.

Her support comes mainly from Argentina’s lower classes. Political observers say she could lose that support if she is unable to slow inflation and deal with the energy problems.

Elisa Carrio, a former legislator known for her campaign against corruption, had the strong support of wealthier voters. She won the big cities of Buenos Aires, Cordoba and Rosario.

Argentina has the second largest economy in South America, after Brazil. The economy has grown at more than eight percent a year during Nestor Kirchner's presidency. But the country has a large international debt. And one-fourth of its thirty-seven million people still live in poverty.

President-elect Fernandez has promised to continue her husband’s policies. Many people believe his success in improving the economy helped her rise to the presidency. Argentina suffered a financial crisis in two thousand one and two thousand two.

She says she will work to improve employment, health care, education -- and Argentina’s foreign relations. Her husband has traveled little outside the country during his four years as president. But she has spent recent months meeting with foreign leaders.

Citizens eighteen to seventy living in Argentina are required to vote. Those living outside the country are not required. But Argentine Embassy spokeswoman Danielle de la Fuente in Washington said many came to the consulate to vote in Sunday's election.

Argentina also has a law to support the involvement of women in politics. It requires one-third of legislative candidates to be women.

Cristina Fernandez will join Michelle Bachelet of Chile as the only female presidents in Latin America. But while Argentina will have its first elected female president, she will not be the first woman to lead the country. Vice President Isabel Peron became president after her husband, General Juan Peron, died in nineteen seventy-four.

President Nestor Kirchner
President Kirchner and his wife lead the Peronist party, a movement that grew out of the rule of General Peron. Some people think they will try to exchange the presidency between them for the next twelve years. Argentine law permits a former president to run again after a four-year wait.

Many people compare Cristina Fernandez to American presidential candidate Hillary Clinton. Both women are senators and lawyers whose husbands were governors and then presidents.

And that's IN THE NEWS in VOA Special English, written by Brianna Blake. To learn more about Argentina and its politics, go to voaspecialenglish.com. I’m Steve Ember.

VOASE1101_Economics Report

01 November 2007
Finance: Merrill Lynch CEO O'Neal Is Out After Huge Loss

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This is the VOA Special English Economics Report.

Stan O'Neal
This week, directors of investment bank Merrill Lynch forced out its chief executive officer, Stan O'Neal. He retired less than a week after Merrill reported its first quarterly loss in six years, and the biggest in its ninety-three-year history.

Merrill is the world's largest brokerage company. It lost over two billion dollars in the period from July through September. That was because of more than eight billion dollars in write-downs. A write-down represents a reduction in the value of investments or other assets.

The results were mostly related to subprime mortgages -- housing loans to people with risky credit histories. Merrill has had the largest losses so far of any American bank with investments tied to subprime loans. Many of these investments are complex securities called collateralized debt obligations.

Merrill had almost eight billion dollars in write-downs on C.D.O.s and subprime mortgages. That was even more than the four and one-half billion dollars expected. Its other divisions, however, remained profitable.

Stan O'Neal worked for Merrill Lynch for twenty-one years. He held the top job since two thousand two. Board members were angry at the losses and at reports that he proposed a merger deal with Wachovia Bank without their approval. He chose most of the members of that board.

Critics say he failed to listen to warnings about the risk of subprime debt. Yet his decisions to make riskier investments than chief executives before him helped produce record profits for the company. He also pushed to reduce costs, including thousands of job cuts -- a culture change for a company that was known as "Mother Merrill."

He leaves with about one hundred sixty million dollars worth of stock and retirement pay.

Stan O'Neal was the first African-American to lead a major Wall Street investment bank. He rose out of poverty. As a boy he picked cotton on a family farm in Alabama. Later he was a factory worker at General Motors.

Some market watchers think Merrill Lynch may have to write down an additional four billion dollars in the fourth quarter of the year. But the company was not alone in reporting big third-quarter losses.

In Europe the investment bank UBS said it lost about seven hundred million dollars. It wrote down more than three billion dollars of investments linked to subprime loans. And UBS warned that it could end the year with more losses.

And that's the VOA Special English Economics Report. I'm Mario Ritter.

VOASE1101_American Mosaic

01 November 2007
Rufus Wainwright Aims High With New Album, 'Release the Stars'

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HOST:

Welcome to AMERICAN MOSAIC in VOA Special English.

(MUSIC)

I'm Doug Johnson. On our show this week:

We listen to some music from Rufus Wainwright …

Answer a question about American elections …

And report about the Denver Art Museum.

Denver Art Museum

HOST:

Newest extension of the Denver Art Museum
Today we explore the collections of the Denver Art Museum in Colorado. The two main buildings of the museum contain art from many periods and places. The newest extension of the museum opened last year. The tall, silver-colored building was designed by the internationally famous American architect Daniel Libeskind. Faith Lapidus tells us about this interesting museum.

FAITH LAPIDUS:

When you first walk toward the Denver Art Museum, you might not realize the building you are looking at is a museum. The tall North Building looks like a defensive structure built long ago. It was actually built in nineteen seventy-one by the architect Gio Ponti. He once said that “art is a treasure and these thin but jealous walls defend it.” The surface of the building is covered in over one million glass tiles that shine in the bright Colorado sun.

Next to this building is Daniel Libeskind’s bold creation. Its sharp angles and tall extensions are covered in silver-colored titanium metal. Mister Libeskind says the building was influenced by the light and environment of the nearby Rocky Mountains.

The inside of the Denver Art Museum is as interesting as its outside. There are rich collections of modern and ancient art as well as art from Asia, Africa, America and Europe. The American Indian collection includes a finely-made face covering by the Kwakwaka’wakw tribe artist George Walkus. This bold mask has four bird faces painted in red, white and black. It was worn as part of a special dance ceremony.

In its main entry, the new building has an unusual piece of art by the Japanese artist Tatsuo Miyajima. It is made up of eighty mirrored glass circles placed on the walls in different areas. Each circle has a lighted number in its center. The numbers count up and down at different speeds between the numbers one through nine.

The Denver Art Museum recently had an exhibition of works by the abstract expressionist painter Clyfford Still. When he died in nineteen eighty, he gave his collection of work to a city that would build a museum to protect and present his art. The Clyfford Still museum will be built next door to the Denver Art Museum. But we will have to wait until two thousand ten to explore its collections.

American Elections

HOST:

Our listener question this week comes from Burma. Ko Maw Gyi wants to know about the United States election process and who will win the two thousand eight presidential election.

National elections are held in the United States every two years. Each time, voters elect all members of the House of Representatives for a two-year term, and one-third of Senate members for a six-year term. Many states also choose governors and state legislatures in national elections. Citizens may also vote on different questions of state or local interest.

Two thousand eight is a presidential election year, as well. The Constitution requires the president and vice president be elected every four years. By law, voting is to be held on the first Tuesday after the first Monday in November. Although many Americans may have an opinion about who will win the presidential election next year, it is too early to make any predictions. Presidential candidates have more than one year left to campaign.

A voter gives her 9-year-old daughter a lesson in voting during the Maryland primary elections in 2006
The two major parties in the United States are the Democrats and the Republicans. Every four years, the parties hold national conventions to officially choose their nominees for president and vice president. Many states hold special primary elections to choose delegates to the national conventions. Each presidential candidate lists on state primary ballots a group of delegates who have promised to support the candidate at their party’s convention. Citizens show their choice for the presidential nomination by voting for the group of delegates committed to that candidate.

Off-year elections in American politics are considered general elections held during odd-numbered years. The next off-year election is November sixth. Voters will select mayors, city council members, school board officials and many other local offices. A few states will also hold elections for governor and state legislators on Tuesday.

Rufus Wainwright

HOST:

Rufus Wainwright
Rufus Wainwright is a musician who comes from a family of folk singers. His fifth album, “Release the Stars,” is musically rich and complex. With his emotional voice, Wainwright sings about deeply personal stories. Some songs are playful, while others are more serious. Barbara Klein has more.

BARBARA KLEIN:

Rufus Wainwright recorded “Release the Stars” last summer in Germany. He wanted to create a musically straightforward and simple record. Instead, he ended up writing rich and complex musical arrangements that include fourteen string and horn instruments. The album combines the sounds of popular music with those of opera, classical and cabaret music. Here is the song “Rules and Regulations.”

(MUSIC)

Rufus Wainwright made this album for his mother, the musician Kate McGarrigle. While he was recording the songs, she had to have a serious medical operation. He said her sickness gave him a sense of urgency about the record he wanted to create.

Last year, Rufus Wainwright gave a bold performance at the famous Carnegie Hall in New York City. He recreated the songs from a historic concert given by the American singer Judy Garland in nineteen sixty-one. His performance received great critical praise. But one of his close friends did not attend. Wainwright wrote this song about his friends. “Release the Stars” tells about the old days of movie production studios in Hollywood, California. But Wainwright says the larger message is about letting everything go and being the best person you can be.

(MUSIC)

Rufus Wainwright has also written many songs for movies such as “Shrek”, “Moulin Rouge” and “Brokeback Mountain.” The Metropolitan Opera in New York City has even asked him to write an opera. We leave you now with his song “Slideshow.”

(MUSIC)

HOST:

I'm Doug Johnson. I hope you enjoyed our program today.

It was written by Dana Demange and Jill Moss. Caty Weaver was our producer. To read the text of this program and download audio, go to our Web site, voaspecialenglish.com.

Join us again next week for AMERICAN MOSAIC, VOA’s radio magazine in Special English.

VOASE1031_Education Report

31 October 2007
From the Airwaves to Webcasting, the Many Sounds of College Radio

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This is the VOA Special English Education Report.

The band Coheed and Cambria performing at the WBRU studio
No two college radio stations sound alike.

(SOUND)

Some stations have a low-budget sound and students do all the work. Others, like WBRU at Brown University in Rhode Island, have a professional operation heard throughout their communities.

College stations play all kinds of music, from jazz to hard rock. Many also have news, including national or international programming.

More than three hundred college radio and television stations belong to a group called Collegiate Broadcasters Incorporated. CBI helps organize a National College Media Conference which this year took place in Washington. Hundreds of students, professors and media professionals were at the four-day event last week.

Warren Kozirenski at the State University of New York-Brockport is chairman of CBI. He points to WBRU as an example of a commercial station, meaning it earns money by selling time to advertisers.

The station is licensed by the Federal Communications Commission which polices the public airwaves. For example, the station could be fined if it broadcasts offensive language.

Many colleges and universities operate stations that are also licensed by the F.C.C but do not sell advertising. They raise money other ways, including donations from listeners. Stations like these including KTRU at Rice University in Houston are known as public broadcasters.

(SOUND)

College radio stations may receive money from the student government or their school administration. Warren Kozirenski says a majority have small budgets of less than fifty thousand dollars a year.

Some stations do not broadcast over the public airwaves so they do not have to follow F.C.C. rules. They stream their programming over the Internet or are heard through cable systems. Or they use low-power transmitters heard only on school grounds. Still, many of their adult advisers want the young broadcasters to act professional.

And that's the VOA Special English Education Report, written by Jill Moss. I’m Steve Ember.

VOASE1031_The Making of a Nation

31 October 2007
American History Series: A Clash of Cultures in the New World

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VOICE ONE:

This is Rich Kleinfeldt.

VOICE TWO:

And this is Ray Freeman with the MAKING OF A NATION, a VOA Special English program about the history of the United States.

(MUSIC)

VOICE ONE:

Our story today is a sad one. It is the story of a clash of peoples, religions, ideas, and cultures. It is a story of strongly held ideas and a lack of compromise.

It is the story of the relations between Europeans and the natives who had lived for thousands of years in the area we now call North America.

VOICE TWO:

Teton Sioux horse races in South Dakota. Artwork by Karl Bodmer from the 1830s.
Many different Native American groups lived on the East Coast of what would become United States. They spoke many different languages. Some were farmers, some were hunters. Some fought many wars, others were peaceful.

These groups are called tribes. Their names are known to most Americans...the Senecas, the Mohawks, the Seminole, the Cherokee to name only a few.

VOICE ONE:

These tribes had developed their own cultures many years before the first European settlers arrived. Each had a kind of religion, a strong spiritual belief. Many tribes shared a similar one.

The Indians on the East Coast shared a highly developed system of trade. Researchers say different tribes of Native Americans traded goods all across the country.

VOICE TWO:

The first recorded meetings between Europeans and the natives of the East Coast took place in the fifteen hundreds. Fishermen from France and the Basque area of Spain crossed the Atlantic Ocean. They searched for whales along the east coast of North America. They made temporary camps along the coast. They often traded with the local Indians.

The Europeans often paid Indians to work for them. Both groups found this to be a successful relationship. Several times different groups of fishermen tried to establish a permanent settlement on the coast, but the severe winters made it impossible. These fishing camps were only temporary.

VOICE ONE:

The first permanent settlers in New England began arriving in sixteen twenty. They wanted to live in peace with the Indians. They needed to trade with them for food. The settlers also knew that a battle would result in their own, quick defeat because they were so few in number.

Yet, problems began almost immediately. Perhaps the most serious was the different way the American Indians and the Europeans thought about land. This difference created problems that would not be solved during the next several hundred years.

(MUSIC)

VOICE TWO:

Land was extremely important to the European settlers. In England, and most other countries, land meant wealth. Owning large amounts of land meant a person had great wealth and political power.

Many of the settlers in this new country could never have owned land in Europe. They were too poor. And they belonged to minority religious groups. When they arrived in the new country, they discovered no one seemed to own the huge amounts of land.

Companies in England needed to find people willing to settle in the new country. So they offered land to anyone who would take the chance of crossing the Atlantic Ocean. For many, it was a dream come true. It was a way to improve their lives. The land gave them a chance to become wealthy and powerful.

VOICE ONE:

Calender of 37 months, 1889-92, kept on an animal skin by a Kiowa Indian
American Indians believed no person could own land. They believed, however, that anyone could use it. Anyone who wanted to live on and grow crops on a piece of land was able to do so.

The American Indians lived within nature. They lived very well without working very hard. They were able to do this because they understood the land and their environment. They did not try to change the land. They might farm in an area for a few years. Then they would move on. They permitted the land on which they had farmed to become wild again.

They might hunt on one area of land for some time, but again they would move on. They hunted only what they could eat, so the numbers of animals continued to increase. The Indians understood nature and made it work for them.

VOICE TWO:

The first Europeans to settle in New England in the northeastern part of America were few in number. They wanted land. The Indians did not fear them. There was enough land for everyone to use and plant crops. It was easy to live together. The Indians helped the settlers by teaching them how to plant crops and survive on the land.

But the Indians did not understand that the settlers were going to keep the land. This idea was foreign to the Indians. It was like to trying to own the air, or the clouds.

As the years passed, more and more settlers arrived, and took more and more land. They cut down trees. They built fences to keep people and animals out. They demanded that the Indians stay off their land.

(MUSIC)

VOICE ONE:

Religion was another problem between the settlers and the Indians. The settlers in New England were very serious about their Christian religion. They thought it was the one true faith and all people should believe in it. They soon learned that the Indians were not interested in learning about it or changing their beliefs.

Many settlers came to believe that Native Americans could not be trusted because they were not Christians. The settler groups began to fear the Indians. They thought of the Indians as a people who were evil because they had no religion. The settlers told the Indians they must change and become Christians. The Indians did not understand why they should change anything.

VOICE TWO:

The European settlers failed to understand that the Native American Indians were extremely religious people with a strong belief in unseen powers. The Indians lived very close to nature. They believed that all things in the universe depend on each other. All native tribes had ceremonies that honored a creator of nature. American Indians recognized the work of the creator of the world in their everyday life.

VOICE ONE:

Other events also led to serious problems between the Native Americans and the settlers. One serious problem was disease. The settlers brought sickness with them from Europe. For example, the disease smallpox was well known in Europe. Some people carried the bacteria that caused smallpox, although they did not suffer the sickness itself.

Smallpox was unknown to Native Americans. Their bodies' defense systems could not fight against smallpox. It killed whole tribes. And, smallpox was only one such disease. There were many others.

(MUSIC)

VOICE TWO:

The first meetings between settlers and Native Americans were the same in almost every European settlement on the East Coast of America. The two groups met as friends. They would begin by trading for food and other goods.

In time, however, something would happen to cause a crisis. Perhaps a settler would demand that an Indian stay off the settler's land. Perhaps a settler, or Indian, was killed. Fear would replace friendship. One side or the other would answer what they believed was an attack. A good example of this is the violent clash called King Philip's War.

VOICE ONE:

Matacom was a leader of the Wampanoag tribe that lived in the
northern-most colonies. He was known to the English as King Philip. Without the help of his tribe, the first European settlers in that area might not have survived their first winter. The Wampanoag Indians provided them with food. They taught the settlers how to plant corn and other food crops. The two groups were very friendly for several years.

As the years passed, however, fear and a lack of understanding increased. Matacom's brother died of a European disease. Matacom blamed the settlers. He also saw how the increasing numbers of settlers were changing the land. He believed they were destroying it.

VOICE TWO:

One small crisis after another led to the killing of a Christian Indian who lived with the settlers. The settlers answered this by killing three Indians. A war quickly followed. It began in sixteen seventy-five and continued for almost two years. It was an extremely cruel war. Men, women and children on both sides were killed. Researchers believe more than six hundred settlers were killed. They also say as many as three thousand Native Americans died in the violence.

VOICE ONE:

History experts say the tribe of Indians called the Narraganset were the true victims of King Philip's War. The Narraganset were not involved in the war. They did not support one group or the other. However, the settlers killed almost all the Narraganset Indians because they had learned to fear all Indians.

This fear, lack of understanding and the failure to compromise were not unusual. They strongly influenced the European settlers relations with Native Americans in all areas of the new country.

(MUSIC)

VOICE TWO:

This MAKING OF A NATION program was written and produced by Paul Thompson. This is Ray Freeman.

VOICE ONE:

And this is Rich Kleinfeldt. Join us again next week for another VOA Special English program about the history of the United States.