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By Xinhua Writer Liu Chang
BEIJING Mike Piazza Jersey , Oct. 17 (Xinhua) -- Long-term remedy to cure the stubborn and chronic U.S. fiscal illness remains absent despite a last-minute yet still temporary bill that finally cleared the U.S. Congress late Wednesday.
That means politicians in Washington have done nothing substantial but postponing once again the final bankruptcy of global confidence in the U.S. financial system and the intactness of dollar investment, which has already been seriously shattered by the undying partisan struggle and the country's attested inability to fix its fiscal problems once and for all.
Such move of passing a transient bill was no more than prolonging the fuse of the U.S. debt bomb one inch longer.
Just as what recent history has taught us that it is expected the shenanigans and dramatic political infighting are definitively going to be put up again when the next deadline Darryl Strawberry Jersey , which has already been set in motion, comes around in a few months' time.
If the U.S. government continues with its irresponsible dilatory approach over its debt disease Keith Hernandez Jersey , there will be a day when Uncle Sam busts his borrowing limit while the groaning U.S. economy drifting far beyond redemption.
Thus, even though it seems not quite possible New York Mets Jersey , it is still urged that over the coming months the beltway politicians in the White House and both chambers of Congress could set aside their partisan gridlock and petty differences, and work out a way that may comfort the trembling world financial markets seeking further rehabilitation.
Amongst the effective cures available Byron Buxton Jersey , the U.S. government has to rethink the way it spends its money considering its gigantic military expenditure, which accounts for almost half of the world's total.
In fact Miguel Sano Jersey , Washington was once on its way to pay down its national debt and had budget surpluses when former president Bill Clinton left the White House in 2000.
Nevertheless, the succeeding U.S. administrations squandered the capital by waging wars in Afghanistan and Iraq Brian Dozier Jersey , returning the country to fiscal quagmire and damaging its moral credibility worldwide.
With the protracted U.S. fiscal failure hanging high up there as a Sword of Damocles, the international financial stability and the lackluster global economic recovery are locked in an egregiously dangerous situation as the clock ticks.
While there is hardly any anticipated esperance for the recurring U.S. fiscal crisis to be terminated in a responsible and long-term fashion Kirby Puckett Jersey , it again prompts the international community to revisit the deficiencies perplexing the current global financial and monetary system with reigning greenbacks.
As for China, it is perhaps an opportunity to move faster and more resolutely on the track of internationalizing its RMB currency Minnesota Twins Jersey , so that it could move gradually away from the dangers posing by a troubling U.S. fiscal mechanism.
Great harm has already been done to the world economy despite an expedient reached between the Democrats and the Republicans, and the United States has to know that it is not doing the world a favor by solving its fiscal conundrums. In fact Stephen Vogt Jersey , self-salvation lies within.
MELBOURNE, June 10 (Xinhua) -- A married couple from the Australian state of Victoria have been honored with a Governor-General's medal for their heroism last year in treating the wounded during the Paris terror attacks.
The couple, Laura Mannes and William Harrison, both paramedics, were out for dinner while holidaying in the French capital last November when they heard gunshots and saw hundreds of people running past in panic.
With no knowledge of the Islamic State (IS) attack barely 100 meters away, the off-duty pair rushed Laura's parents (holidaying with them) and hundreds of panicked Parisians back to their apartment for safety before heading back to the carnage with towels and linen to help the critically injured.
"We didn't know anything, there was nothing on television as it was happening at the same time ... we didn't initially know what was going on and thought it was just a shooting like a gang shooting or something like that," Harrison told NewsCorp on Friday.
Their courageous deed on the night of the November 13 terror attacks had only previously been known to family, friends and the London Ambulance Service where they have been working in the past 18 months.
That all changed on Friday when the couple were surprised by Australia's Governor-General Sir Peter Cosgrove at their London workplace who presented them with an Office of the Governor-General's personal medallion.
Cosgrove praised the couple, who hail from the Mornington Peninsula, south of Melbourne, for "showing courage and professional skill" in aiding the terror victims.
Mannes told News Corp that receiving the medallion was "a lovely surpris" and"very humbling".
The Victorian couple, who got engaged in Paris earlier last year, don't know what happened to the injured victims who they treated, but are sure their aid would have helped.
Mannes said she believed the notion of the "Australian spirit" rang true.
"I think you hear about (Aussie spirit) a lot, when there's natural disasters and things, communities bind together. Tasmania at the moment with the floods, I was living there for a while, and people organising charity dinners helping people who have lost things -- it's being a 'True Blue Aussie isn't it, you earn that reputation for a reason," she said.
Along with the couple, the governor-General also praised the efforts of around 450 Australian paramedics who are working with the London Ambulance Service.
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