Word: two-year
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...since the spring, a backlash has taken hold. Texas, a pioneer in privatization under the enthusiastic leadership of Governor Rick Perry, saw its legislature impose a two-year moratorium on new projects. The Pennsylvania legislature bounced Rendell's first attempt to privatize the turnpike, though now he's trying again in the wake of shifting state politics. The mother of all toll roads, the New Jersey Turnpike, is under review, but Governor Jon Corzine, a former Goldman chairman, disappointed eager bankers in June when he flatly stated, "We're not going to privatize...
...Theoretically, it's a great idea, albeit an expensive one ($25 million including all of the pre-exercise planning and post-exercise analysis that takes place over a two-year period). The most important thing you can do before a disaster is establish relationships among the people who will matter most. As we learned after Hurricane Katrina, the only thing more destructive than storm surges are distrustful, territorial and paranoid bureaucrats. "The last thing you want to see at the scene of a disaster are people exchanging business cards," one emergency preparedness expert once told me. And this particular simulation...
...original version of this article incorrectly stated that the total cost for the government's TOPOFF4 counterterror exercise was $25 million this year. In fact, that figure includes the cost for all of the pre-exercise planning and post-exercise analysis that takes place over a two-year period...
...counts that Siegelman faced for allegedly accepting campaign contributions, money and gifts in exchange for official favors. (Siegelman was acquitted on 25 of those counts and convicted on seven. Young pleaded guilty to bribery-related charges and, in recognition of his cooperation with the government, received a short two-year sentence and fine.) But what Young had to say about Sessions, Pryor and other high-profile Alabama Republicans was even more remarkable for the simple fact that much of it had never before come to light...
...counts that Siegelman faced for allegedly accepting campaign contributions, money and gifts in exchange for official favors. (Siegelman was acquitted on 25 of those counts and convicted on seven. Young pleaded guilty to bribery-related charges and, in recognition of his cooperation with the government, received a short two-year sentence and fine.) But what Young had to say about Sessions, Pryor and other high-profile Alabama Republicans was even more remarkable for the simple fact that much of it had never before come to light...