单项选择题

For all his vaunted talents, Federal Reserve Chairman Alan Greenspan has never had much of a reputation as an economic forecaster. In fact, he shies away from making the precise-to-the-decimal-point predictions that many other economists thrive on. Instead, he owes his success as a monetary policymaker to his ability to sniff out threats to the economy and manipulate interest rates to dampen the dangers he perceives.
Now, those instincts are being put to the test. Many Fed watchers--and some policymakers inside the central bank itself--are beginning to wonder whether Greenspan has lost his touch. Despite rising risks to the economy from a swooning stock market and soaring oil prices that could hamper growth, the Greenspan-led Federal Open Market Committee (FOMC) opted to leave interest rates unchanged on Sept. 24. But in a rare dissent, two of the Fed’s 12 policymakers broke ranks and voted for a cut in rates--Dallas Fed President Robert D. McTeer Jr. and central bank Governor Edward M. Gramlich.
The move by McTeer, the Fed’s self-styled "Lonesome Dove", was no surprise. But Gramlich’s was. This was the first time that the monetary moderate had voted against the chairman since joining the Fed’s board in 1997. And it was the first public dissent by a governor since 1995.
Despite the split vote, it’s too soon to count the maestro of monetary policy out. Greenspan had good reasons for not cutting interest rates now. And by acknowledging in the statement issued after the meeting that the economy does indeed face risks, Greenspan left the door wide open to a rate reduction in ’the future. Indeed, former Fed Governor Lyle Gramley thinks chances are good that the central bank might even cut rates before its next scheduled meeting on Nov. 6, the day after congressional elections.
So why didn’t the traditionally risk-averse Greenspan cut rates now as insurance against the dangers dogging growth For one thing, he still thinks the economy is in recovery mode. Consumer demand remains buoyant and has even been turbocharged recently by a new wave of mortgage refinancing. Economists reckon that homeowners will extract some $100 billion in cash from their houses in the second half of this year. And despite all the corporate gloom, business spending has shown signs of picking up, though not anywhere near as strongly as the Fed would like.
Does that mean that further rate cuts are off the table Hardly. Watch for Greenspan to try to time any rate reductions to when they’ll have the most psychological pop on business and investor confidence. That’s surely no easy feat, but it’s one that Greenspan has shown himself capable of more than once in the past. Don’t be surprised if he surprises everyone again.
It can be inferred from the passage that ______.

A. instincts most often misguide the monetary policies
B. Greenspan has lost his control of the central bank
C. consensus is often the case among Fed’s policymakers
D. Greenspan wouldn’t tolerate such a dissent
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To illustrate the obstacles that parents unconsciously place in their children’s educational path, I’ll tell you a little story: An excellent, conscientious elementary school teacher who I know has a group of twenty-five 4 year-old children. The brand new school still lacks some basic supplies for the pupils. Also, consumable classroom materials, such as scissors and paper, generally tend to be paid for by their parents, who deposit funds into a common account for the teachers to draw from as needed. Anyway, the first general parent-teacher meeting was held and the teacher stated that after having evaluated the students’ development during the first week of class, her evaluation was that her primary objectives would include encouraging sharing amongst the children and stimulating an early interest in reading by providing them with a small library of picture books for them to leaf through, which would be donated to the class by the children themselves. As you would expect at this age, many of the little students were recalcitrant to share their property with the rest of their class. However, what’s really surprising is that many of their parents were even more uncooperative with this teacher’s approach than their own children. The general feeling amongst these querulous parents was that if the teacher wanted to get those books, the school should pay for them. Granted, their opinions are to be respected, but whether by commission or omission the eager teacher’s first two projects were shot down in their infancy. Sadly, I think it would take a mighty big-hearted teacher to risk approaching this particular group of parents, or any other for that matter, with another project of similar proportions. In short, if parents and students obstinately insist on making teachers and schools completely responsible for their children’s education, they can actually hinder it. Ironic, isn’t it