Action and Reaction of Speech 2

Lia Marina : An Analysis Of Action And Reaction In Three Selected George Walker Bush’s Speeches: A Text Analysis, 2010. e. Connotative Meaning There is no connotative meaning in Bush’s speech 1.

4.1.1.3 Register Variables in Speech 1 :

1. Field of discourse is what is actually taking place in discourse-in-text. Field of discourse: The President’s nation speech after September 11 th attack in 2001 to a joint session of Congress and nation. Bush made a declaration about who had attacked their country. 2. Tenor of discourse is who is taking part. Tenor of discourse: Members of United State Congress, America government, the victims of September 11 th attack, and American people. 3. Mode of discourse is what role language is playing. Mode of discourse: Written text to be spoken to the audience. The text is a formal national document.

4.1.2 Action and Reaction of Speech 2

Action is an act by spoken or written to ask or to give any information or good and services. Action includes statement, question, command and offer in a text of speech. Reaction is limited as personal opinion that is given by language users when they do their action. Reaction is realized by mental process, epithet, modality, euphemism, and connotative meaning. The following data is the data where action and reaction types are really exist in speech 2. The data is the text of Bush’s speech addresses to the nation on the Economic Crisis on Wednesday evening, September 24, 2008. 1. Good evening. greeting Lia Marina : An Analysis Of Action And Reaction In Three Selected George Walker Bush’s Speeches: A Text Analysis, 2010. 2. This is an extraordinary period for Americas economy. Over the past few weeks, many Americans have felt 3. I anxiety about their finances and their future. statement understand 4. their worry and their frustration. statement Weve seen 5. Major financial institutions have teetered on the edge of collapse, statement triple-digit swings in the stock market. statement 6. and some have failed 7. As uncertainty has grown, statement . statement 8. many banks have restricted lending, statement 9. credit markets have frozen, statement 10. and families and businesses have found it harder to borrow money. statement 11. Were in the midst of a serious financial crisis, and the federal government is responding with decisive 12. We boosted confidence in money market mutual funds statement action. statement 13. and acted to prevent major 14. Most importantly, my administration is working with Congress statement investors from intentionally driving down stocks for their own personal gain. statement 15. to address the root cause behind much of the instability in our markets. statement 16. Financial assets related to home mortgages have lost value during the house decline, statement 17. and the banks holding these assets have restricted credit. statement 18. As a result, our entire economy is in danger. So I propose that the federal government reduce the risk posed by these troubled assets statement 19. and supply urgently needed money so banks and other financial institutions can 20. This rescue effort is not aimed at preserving any individual company or industry. statement avoid collapse and resume lending. statement 21. It is aimed at preserving Americas overall economy. statement 22. It will 23. and businesses get credit to help American consumers statement meet their daily 24. and create jobs. statement needs statement 25. And it will 26. I help send a signal to markets around the world that Americas financial system is back on track. statement know 27. How did we reach this point in our economy? question many Americans have questions tonight: statement 28. How will 29. And what does this mean for your financial future? question the solution I propose work? question 30. These are good questions, and they deserve clear 31. First, how did our economy reach this point? question answers. statement 32. Well, most economists agree that the problems were witnessing today developed over a long 33. For more than a decade, a period of time. statement massive amount of money flowed into the United States from investors abroad because our country is an attractive and secure 34. This place to do business. statement large influx of money to U.S. banks and financial institutions, along with low 35. These developments allowed more families to borrow money for cars, and homes, and college tuition, some for the first time. statement interest rates, made it easier for Americans to get credit. statement Lia Marina : An Analysis Of Action And Reaction In Three Selected George Walker Bush’s Speeches: A Text Analysis, 2010. 36. They allowed more entrepreneurs to get loans statement 37. to start new 38. and create jobs. statement businesses statement 39. Unfortunately, there were also some serious 40. negative consequences, particularly in the housing market. statement Easy credit, combined with the faulty assumption that home values would continue to rise, led to excesses and bad 41. Many mortgage lenders approved loans for borrowers without carefully examining their ability to pay. statement decisions. statement 42. Many borrowers took out loans larger than they could 43. assuming that they afford, statement could 44. or refinance their homes at a sell statement higher 45. Optimism about housing values also led to a boom in home construction. statement price later on. statement 46. Eventually, the number of new 47. And with supply exceeding demand, housing prices fell, and this created a problem. statement houses exceeded the number of people willing to buy them. statement 48. Borrowers with adjustable 49. or refinance their homes at a -rate mortgages, who had been planning to sell statement higher price, were stuck with homes worth less than expected, along with mortgage payments they could not 50. As a result, many mortgage-holders began to default. statement afford. statement 51. These widespread 52. defaults had effects far beyond the housing market. statement See 53. and converted into financial products called mortgage-backed securities. statement , in todays mortgage industry, home loans are often packaged together statement 54. These securities were sold to investors around the world. statement 55. Many investors assumed these securities were trustworthy statement 56. and asked few questions about their actual 57. Two of the value. statement leading 58. many purchasers of mortgage-backed securities were Fannie Mae and Freddie Mac. Because these companies were chartered by Congress, statement believed 59. This allowed them to borrow they were guaranteed by the federal government. statement enormous 60. fuel the market for sums of money, statement questionable 61. and put our financial system at risk. statement investments, statement 62. The decline in the housing market set off a domino effect across our economy. statement 63. When home values declined, statement 64. borrowers defaulted on their mortgages, statement 65. and investors holding mortgage-backed securities began to incur serious 66. Before long, these securities became so unreliable that they were not being bought or sold. statement losses. statement 67. Investment banks, such as Bear Stearns and Lehman Brothers, found themselves saddled with large amounts of assets statement Lia Marina : An Analysis Of Action And Reaction In Three Selected George Walker Bush’s Speeches: A Text Analysis, 2010. 68. they could 69. They ran out of money not sell. statement needed to meet their immediate 70. and they faced obligations, statement imminent 71. Other banks found themselves in collapse. statement severe 72. These banks began holding on to their money, and lending dried up, statement financial trouble. statement 73. and the gears of the American financial system began grinding to a halt. With the situation becoming more precarious by the day, statement 74. I faced a choice, statement 75. to step in with dramatic 76. or to stand back statement government action statement 77. and allow the irresponsible 78. to undermine the financial security of all. statement actions of some statement 79. Im a strong believer in free enterprise, so my natural instinct is to oppose 80. I government intervention. statement believe companies that make bad decisions should be 81. Under allowed to go out of business. statement normal circumstances, I would have followed this course. But these are not normal 82. The market is not functioning properly. statement circumstances. statement 83. There has been a widespread loss of confidence, and major 84. The governments sectors of Americas financial system are at risk of shutting down. statement top economic experts warn that, without immediate 85. America action by Congress, statement could slip into a financial panic and a distressing scenario would 86. More banks unfold. statement could fail, 87. The stock market including some in your community. statement would drop even more, which would 88. The value of your home reduce the value of your retirement account. statement could 89. Foreclosures plummet. statement would 90. And if you own a business or a farm, statement rise dramatically. statement 91. you would 92. More businesses find it harder and more expensive to get credit. statement would 93. and millions of Americans close their doo rs, statement could 94. Even if you have lose their jobs. statement good credit history, it would be 95. to get the loans you more difficult for you statement need 96. to buy a car statement statement 97. or send your children to college. statement 98. And, ultimately, our country could experience a long and painful 99. Fellow citizens, vocative recession. statement 100. we must not 101. I let this happen. statement appreciate 102. to address this problem statement the work of leaders from both parties in both houses of Congress statement 103. and to make improvements to the proposal statement 104. my administration sent to them. statement Lia Marina : An Analysis Of Action And Reaction In Three Selected George Walker Bush’s Speeches: A Text Analysis, 2010. 105. There is a spirit of cooperation between Democrats and Republicans and between Congress and this administration. statement 106. In that spirit, Ive invited Senators McCain and Obama statement 107. to join congressional leaders of both parties at the White House tomorrow statement 108. to help speed our discussions toward a bipartisan bill. statement 109. I know that an economic rescue package will present a tough 110. It is difficult to pass a bill that commits so much of the taxpayers hard-earned money. statement vote for many members of Congress. statement 111. I also understand the frustration of responsible 112. file their tax returns every April 15th, statement Americans who pay their mortgages on time, statement 113. and are reluctant to pay the cost of excesses on Wall Street. statement 114. But given the situation we are facing, not passing a bill now would 115. Many Americans are asking, statement cost these Americans much more later. statement 116. how would 117. After much discussion, theres now a rescue plan work? question widespread agreement on the principles such a plan would 118. It include. statement would remove the risk posed by the troubled 119. This assets, including mortgage- backed securities, now clogging the financial system. statement would 120. Any rescue plan free banks to resume the flow of credit to American families and businesses. statement should also be 121. to ensure that taxpayers are protected. statement designed statement 122. It should 123. It welcome the participation of financial institutions, large and small. statement should make certain that failed 124. It executives do not receive a windfall from your tax dollars. statement should 125. to establish a bipartisan board statement oversee 126. and it the plans implementation, statement should be 127. In close consultation with Treasury Secretary Hank Paulson, Federal Reserve Chairman Ben Bernanke, and SEC Chairman Chris Cox, I announced a plan on Friday. statement enacted as soon as possible. statement 128. First, the plan is big enough to solve a serious 129. Under our proposal, the federal government problem. statement would 130. to purchase put up to 700 billion taxpayer dollars on the line statement troubled 131. In the short term, this assets that are clogging the financial system. statement will 132. to resume the flow of credit to American families and businesses, statement free up banks statement 133. and this will 134. Second, as markets have lost confidence in mortgage-backed securities, statement help our economy grow. statement 135. their prices have dropped sharply, yet the value of many of these assets will likely be higher than their current 136. because the price, statement vast majority of Americans will ultimately pay off their mortgages. statement Lia Marina : An Analysis Of Action And Reaction In Three Selected George Walker Bush’s Speeches: A Text Analysis, 2010. 137. The government is the one institution with the patience and resources to buy these assets at their current low 138. and hold them until markets return to normal. statement prices statement 139. And when that happens, money will 140. and we flow back to the Treasury as these assets are sold, statement expect 141. if not all, of the tax dollars we invest that much, statement will be 142. The paid back. statement final 143. Well, the question is, what does this mean for your economic future? question primary 144. Ive outlined tonight is to safeguard the financial security of American workers, and families, and steps –purpose of the steps statement small 145. The federal government also continues statement businesses. statement 146. to enforce laws and regulations protecting your money. statement 147. The Treasury Department recently offered government insurance for money market mutual funds. statement 148. And through the FDIC, every savings account, checking account, and certificate of deposit is insured by the federal government for up to 100,000. statement 149. The FDIC has been in existence for 75 years, and no one has ever lost a penny on an insured 150. and this deposit, statement will not 151. Once this crisis is resolved, statement change. statement 152. there will be 153. Our 21st-century global economy remains regulated largely by outdated 20th- century laws. statement time to update our financial regulatory structures. statement 154. Recently, weve seen how one company can 155. Earlier this year, Secretary Paulson proposed a blueprint that grow so large that its failure jeopardizes the entire financial system. statement would 156. For example, the Federal Reserve modernize our financial regulations. statement would be 157. and ensure that their practices do not authorized to take a closer look at the operations of companies across the financial spectrum statement threaten 158. There are other overall financial stability. statement good ideas, and members of Congress should 159. As they do, they consider them. statement must 160. In the ensure that efforts to regulate Wall Street do not end up hampering our economys ability to grow. statement long run, Americans have good reason to be confident in our economic strength. Despite corrections in the marketplace and instances of abuse, democratic capitalism is the best 161. It has unleashed the talents and the productivity and entrepreneurial spirit of our citizens. statement system ever devised. statement 162. It has made this country the best 163. to invest statement place in the world statement 164. and do business. statement 165. And it gives our economy the flexibility and resilience statement 166. to absorb shocks, adjust, and bounce back. statement 167. Our economy is facing a moment of great 168. but weve challenge, statement overcome tough 169. and we challenges before, statement will overcome this one. statement Lia Marina : An Analysis Of Action And Reaction In Three Selected George Walker Bush’s Speeches: A Text Analysis, 2010.