"Job creation in the United States is something that small businesses, entrepreneurs and the private sector will do but they cannot do it if they are burdened by a legacy of debt and the prospect of higher taxes to pay off that debt and that is the most troubling aspect of the policies this administration is pursuing,".

VOA: standard.2009.12.05

The Fed has these auctions but it auctions them off at what price the public will pay, so the Fed doesn't determine the term structure.

联储局公开拍卖债券,但只有当公众愿意以特定价格支付时,这些债券才能成交,所以联储局不能决定期限结构

耶鲁公开课 - 金融市场课程节选

The other is I take a mortgage, I buy a house, I pay it off, I go into a heavy indebtedness but with a good rational reason and it all works out in the end.

另一种情况是，我分期贷款买了一套房子，我还清了贷款，却债台高筑,这样，于情于理都能说通,而且，最终无事一身轻。

斯坦福公开课 - 经济学课程节选

So, they created Wall Street Journal Online, which is WSJ.com, and they were trying to make money off of that, but people weren't willing to pay for it.

并且他们创建了《华尔街日报在线》,WSJ.com,尝试从那赚钱,但是人们不愿花钱

耶鲁公开课 - 金融市场课程节选