Word: second-term
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...half years of relatively austere fiscal policy that brought the country's bloated budget deficit in line with financial rules that underpin the stability of the euro. Selling off struggling state-owned companies and overhauling the country's debt-ridden pension system will figure high on government's second-term agenda. Greece's rapidly aging population and system of generous pension benefits are "the main risk factors to Greece's long-term fiscal sustainability," according to a recent report by the ING. As the European Union's fastest-aging nation, Greece could have one pensioner for every worker...
...Mike Bloomberg become a multi-billionaire by lowering his sights? I don't think so," says a friend of the popular second-term mayor. "Why would he want to be governor? If he runs for anything, it'll be the White House...
That points to the larger dilemma for Rice. For all her ambition, she is caught in a second-term Administration whose political capital is dwindling. A rise in the body count in Iraq or more overt provocations toward Iran could bring the White House into open confrontation with a hostile Congress intent on restraining Bush's range of movement. And Rice's decision to redouble her efforts in the Middle East means she will be less able to attend to other issues on which U.S. leadership could produce success--such as stopping genocide in Africa or fighting poverty...
...certainly seemed that way this week, when the night before our President went before the nation to unveil his new Iraq plan, our second-term mayor, Ray Nagin - a charismatic, often glib leader whom many see as disengaged - unveiled a plan to battle a wave of violence that threatens to spin out of control. Like the reception Bush got, Nagin's move was instantly criticized as too little, too late...
...Congressman is having some people over and wanted me to invite you. Really casual - bring whoever you want." The Congressman was Mark Foley, at the time an obscure second-term Florida Republican. The invitation was extended to a friend of mine who, like me, was covering Capitol Hill for Roll Call. The extender was Kirk Fordham, then an aide to Foley, and the event was an impromptu springtime evening barbeque a decade...