Free Essay

Taking Care of Private Toll Roads

In:

Submitted By lbeck95
Words 557
Pages 3
Robert Poole and Peter Samuel wrote the article “The Return of Private Toll Roads” to explain to The American drivers how the up keeping of highways and toll roads is extremely important.
Especially when it comes to how fast some of the highways are starting to fall apart.

Robert and Samuel intended to leave the American drivers with an idea of why foreign companies are starting to invest in our highways. For some reason European companies have taken this as a huge investment opportunity and want to take it to the next level. I believe that the article does achieve its job while informing Americans about the different foreign companies investing on our highways and toll roads to keep them from falling apart.

The first claim in the article is “The reality today is increasing and the private sectors are looking for partnerships to build operate and maintain the highway infrastructure.” This type of claim is that was given is a proposal argument which is an argument that means to what can the United States do to make this better and what type of action we should take as a unit. With the given library resources Poole and Samuel give several examples. One example that has been given was the Chicago Skyway, which was leased for a 99 year skyway lease for 1.83 billion. Data shows that the skyway was a “municipal project completed in 1985, was a financial failure.” This was because Chicago didn’t have enough money to handle the construction costs needed to maintain the highway. Which led to the Chicago Skyway to be open for international lease opportunities for the firms that were involved with highway infrastructure. Poole argued that “private operators benefited from the efficiency and flexibility of corporate management and labor relations, and, free from political pressure, could also set toll rates based on the laws of supply and demand.” By this data it supports the warrant because it talks about why they Chicago Skyway needed help from foreign investors so the city of Chicago could keep the toll way open from Chicago to Indiana. With the help of private sectors it was promised that the project would and could be finished on time and without them they would still be stuck like how they were when the project first started. Poole and Samuel achieved their goal of informed the readers as to why the foreign companies have taken an interest on the United States Highway infrastructure.
Robert Poole and Peter Samuel wrote the article “The Return of Private Toll Roads” to explain too The American drivers how the up keeping of highways and toll roads is extremely important.
Especially when it comes to how fast some of the highways are starting to fall apart.
My main points in the article involved why the Chicago skyway had financial failures
Why foreign investors were taking this as an opportunity, and the Private operators involved with all the action.
But ponder this thought. If the United States did not have private highway sector where would our Highways and Toll roads be in the world today would we not have them? Would the way of transportation be different? Would we fly everywhere we need to go? Just think about how much the Highways and Toll roads improve our daily lives in ways unthinkable.

Similar Documents

Free Essay

Private Bus Service: Is It a Real Service Provider to the Nation?

...Private bus service: Is it a real service provider to the nation? Today, people have begun to express their frustration over the unfair increase of bus fares from time to time in the recent past. It has become the widespread subject of arguments among the public. A certain bus ownership has threatened an increase in bus fares on its own from September but the Transport Commission has categorically emphasised that transport permits would be revoked against any illegal increase of bus fares. This cold war between a particular bus ownership and the Government has become hot news in the media these days. It has been the practice throughout to raise bus fares every year irresponsibly with the approval of the Transport Commission without any reliable excuse. The increase in fuel prices were followed by another instance of raising private bus fares last February. Regrettably, the most affected are the middle class and the public with low incomes who use buses for their daily travel. In the interest of the general public, the Transport Commission is duty-bound to review if private bus services, after experience of 35 years, have won the confidence of commuters with such a remarkable service as pledged at the inauguration in 1978.   Nationalisation With nationalisation of bus companies by the Bandaranaike Government in 1958, a longstanding progressive demand by the people, the Ceylon Transport Board which was the key body of national transport was established to provide an excellent...

Words: 9364 - Pages: 38

Premium Essay

Finding Freedom from Domestic Abuse

... It also takes that person coming to the understanding the only way to live is to leave. In order to get out of an abusive relationship, individuals must understand what domestic abuse is, have access to resources and support that can help, and be strong. Understanding the components of domestic abuse and being able to recognize the signs is an important first step. Domestic abuse by most definitions is abuse that happens to individuals in an intimate and or personal relationship, such as spouses, boyfriend/girlfriend, and same-sex couples. “Intimate partner violence does not discriminate. It has no boundaries.” ‘said Annell Lough a family advocate at The Center for Women and Families and survivor of intimate partner violence.” (“Taking its toll,”2014, para. 4) Abusers will use many different tactics to gain control over their victims. Some of these tactics are bullying, isolation, financial control, coercion, threats, physical assault, and using the children if children are present in the relationship. These are just a few of the many different tactics used by the abuser to gain control. Gaining this understanding can only aid the victim in moving away from the abuse. People dealing with domestic abuse have many steps to take so they may gain freedom, but also the help they very much need. Seeking help can happen in a number of ways, the best start is to contact local law enforcement and...

Words: 801 - Pages: 4

Premium Essay

Cost Benefit Analysis

...------------------------------------------------- Cost Benefit Analysis [ECON 453] ------------------------------------------------- Assignment II Aditya Gurung Dr. T.M. Horbulyk April 2, 2012 1. Based on the article, describe as best you can: (i) The reference group for the cost benefit analysis Reference group for the cost benefit analysis (CBA) refers to the set of persons whose gains and losses are to be included as directly relevant to the project decision-making process. It is a sub set of people who will be benefited or affected by the implementation of the project. In the case of Bolu Mountain Tunnel project, the set of people who will directly benefit from the implementation of the project are the people who can now avoid traveling by Bolu Mountain Passage (D100 highway) as they can get to there destination by traveling through the tunnel in much safer conditions along with reduced travel time. (ii) The purpose of the study The purpose of any social CBA is to examine and assess whether or not the social benefits of the proposed policy or project outweigh its social cost. By doing so, it can assist decision-making by facilitating the allocation of resources to their most valuable application. In the case of given article, the purpose of the study is to conduct the CBA of the Bolu Mountain Tunnel Project and examine if the project is worth to be implemented. (iii) The estimated project life over which the project is evaluated The estimated project life...

Words: 3831 - Pages: 16

Free Essay

Intercounty Connector

...Land use is one of the major issues we are facing in our time today, not only is it an issue of using lands to the advantage of building roads and highways, it is also the cause of global warming, the danger to environmental life and the cost of building the Intercounty Connector, known as the ICC. This issue is what may be called a problem by the residents of the counties of Maryland. The project of building the Intercounty Connector “ICC”, includes building a highway throughout a couple of the counties in Maryland to have a faster and more efficient flow of traffic, which could also endanger the environment, and cause global warming. Also it is going to delay traffic while the project is under construction. There are many reasons why this ICC project caught my attention. First, the use of land. Second, the environmental issues that we are facing today. And finally, the budget was used to build the project. But as always there is an opposing view to every project. Some who were supporting the idea of the ICC gave their lands to the county to build this project, which was not a good plan. Although they do not see the problems of giving away their lands right now, but they are coming. The loss of land will affect people in the future. The ICC project got a final approval from the Gov. of Maryland, and it has won its case against any opposing views. Still the ICC should not have been approved. In the case of the ICC project, there were many views concerning the environmental side...

Words: 1532 - Pages: 7

Premium Essay

Clean India

...A new consciousness is dawning upon us as a nation. Incredible India campaign has just released a television advertisement that shows Amir Khan urging Indians not to litter the public places, not to spit on roads and not to pee in public places. This is a welcome, timely and much needed initiative. As we travel from Kashmir to Kanyakumari or Gandhinagar to Guwahati, we find the roadsides or public places littered with garbage, people spitting and peeing in public places. This leaves us with a feeling that the whole country has been turned into a garbage dump. How have we allowed this state of affairs as a nation? It is truly a matter of concern. This has happened when India has been rising at unprecedented economic growth rates during the past decade. We Indians are personally very clean people. We brush our teeth and take a bath everyday and wash our hands before eating. We keep our houses speck clean. But when it comes to public places, as people we are simply unable to keep our streets, our railway stations, hospitals, or places of worship clean. This is the state of affairs everywhere in India including hundreds and thousands of villages, towns, mega-cities as well as in the streets of the national capital New Delhi. We simply have very poor civic sense or social ethics. What is Civic Sense? Civic Sense encompasses unspoken norms of society that help it run smoothly without someone tripping on somebody else’s toes. Civic Sense is all about having consideration for a...

Words: 1629 - Pages: 7

Premium Essay

Talking with an Older Person

...A CLINICIAN’S HANDBOOK Talking With Your Older Patient NAT I O NA L INS TITU TE O N AGING NATIONAL I NS TI TUTES OF HEA LTH DEPARTM EN T OF HEA LTH A ND HUMA N S ERV I CES Contents Foreword 1 1. Considering Health Care Perceptions “I’m 30 . . . until I look in the mirror.” 3 2. Understanding Older Patients “Tell me more about how you spend your days.” 6 3. Obtaining the Medical History “What brings you here today?” 13 4. Encouraging Wellness “I’d like you to try this exercise routine.” 19 5. Talking About Sensitive Subjects “Many people your age experience similar problems.” 23 6. Supporting Patients With Chronic Conditions “Let’s discuss living with . . .” 36 7. Breaking Bad News “I wish I had better news.” 40 8. Working With Diverse Older Patients “Cultural differences, not divides.” 44 9. Including Families and Caregivers “What would you like your family to know?” 48 10. Talking With Patients About Cognitive Problems “You mentioned having trouble with your memory.” 51 11. Keeping the Door Open “Effective Communication” 58 Publications At-a-Glance 60 Services At-a-Glance Tear-Off Card Foreword Good communication is an important part of the healing process. Studies find that effective physician-patient communication has specific benefits: patients are more likely to adhere to treatment and have better outcomes, they express greater satisfaction with their treatment, and they are less likely to bring malpractice suits. Research also shows that...

Words: 16913 - Pages: 68

Free Essay

Mba Student

...Government of India Ministry of Finance Department of Economic Affairs Public Private Partnership Projects in India Compendium of Case Studies c Government of India Ministry of Finance Department of Economic Affairs Public Private Partnership Projects in India Compendium of Case Studies December 2010 Public Private Partnership projects in India Compendium of Case Studies © Department of Economic Affairs All rights reserved Published by: PPP Cell, Department of Economic Affairs Ministry of Finance, Government of India New Delhi-110 001, India www.pppinindia.com Disclaimer This Compendium of Case Studies has been prepared as a part of a PPP capacity building programme that is being developed by the Department of Economic Affairs, Ministry of Finance, Government of India (DEA) with funding support from the World Bank, AusAID South Asia Region Infrastructure for Growth Initiative and the Public Private Infrastructure Advisory Facility (PPIAF). A consulting consortium, consisting of Economic Consulting Associates Limited (ECA) and CRISIL Risk and Infrastructure Solutions Limited (CRIS), commissioned by the World Bank, has prepared this compendium based on extensive external consultations. ECA and CRIS have taken due care and caution in preparing the contents of this compendium. The accuracy, adequacy or completeness of any information contained in this toolkit is not guaranteed and DEA,World Bank, AusAID, PPIAF, ECA or CRIS are not responsible...

Words: 73739 - Pages: 295

Free Essay

Ipad Pricing Strategies

...Business 604: Panama Ricky McNeal Liberty University Dr. Stephen Preacher October 5, 2012 Abstract Panama, a small country located in Central America, is very diversified in both its people and its climate. Considered to be the isthmus connecting South America to North America, Panama has played a key role in global transportation since the creation of the Panama Canal. The canal goes through the midsection of the country connecting the Atlantic and Pacific oceans, allowing for much faster sea travel. Because of its location, Panama has been heavily influenced by several countries including Colombia which they were ruled by until 1903 and the United States which played such a large role in the realization of the canal. These foreign influences can easily be found in Panama's cuisine, music, and artwork as well as all the tribes that have settled within the country. The culture and political structures of Panama as we know it today has evolved from an incredibly diverse and interesting history. Punctuality is appreciated by business people, as is giving your host enough time to plan for your arrival. Thus, you should make appointments at least one week in advance. When you meet with your Panamanian colleagues, a handshake is a normal greeting. Do not rush into a meeting with talk of business right away. Your associates are more likely interested in getting...

Words: 2972 - Pages: 12

Free Essay

Gujrat Case Study

...S w 9B11M113 CORPORATE RESTRUCTURING OF GUJARAT STATE ROAD TRANSPORT CORPORATION Professor Shubhabrata Basu wrote this case solely to provide material for class discussion. The author does not intend to illustrate either effective or ineffective handling of a managerial situation. The author may have disguised certain names and other identifying information to protect confidentiality. Richard Ivey School of Business Foundation prohibits any form of reproduction, storage or transmission without its written permission. Reproduction of this material is not covered under authorization by any reproduction rights organization. To order copies or request permission to reproduce materials, contact Ivey Publishing, Richard Ivey School of Business Foundation, The University of Western Ontario, London, Ontario, Canada, N6A 3K7; phone (519) 661-3208; fax (519) 661-3882; e-mail cases@ivey.uwo.ca. Copyright © 2012, Richard Ivey School of Business Foundation Version: 2012-01-26 “All our efforts, exercises and future projections, so far, have come to not. We have to think it all over again. This new wage demand is a coup de grace for the corporation. I do not intend to preside over its demise.” - Rajgopal Raj Gopal (Rajgopal), IAS,1 the vice-chairman and managing director of Gujarat State Road Transport Corporation2 (GSRTC), was leaving the Sachivalaya3 at Gandhinagar. In a rare display of solidarity, all of the registered trade unions (TU) of GSRTC gave a call for...

Words: 8188 - Pages: 33

Premium Essay

Project Financing

...Project Financing Asset-Based Financial Engineering Second Edition JOHN D. FINNERTY, Ph.D. John Wiley & Sons, Inc. Project Financing Founded in 1807, John Wiley & Sons is the oldest independent publishing company in the United States. With offices in North America, Europe, Australia, and Asia, Wiley is globally committed to developing and marketing print and electronic products and services for our customers’ professional and personal knowledge and understanding. The Wiley Finance series contains books written specifically for finance and investment professionals as well as sophisticated individual investors and their financial advisors. Book topics range from portfolio management to e-commerce, risk management, financial engineering, valuation, and financial instrument analysis, as well as much more. For a list of available titles, visit our Web site at www.WileyFinance.com. Project Financing Asset-Based Financial Engineering Second Edition JOHN D. FINNERTY, Ph.D. John Wiley & Sons, Inc. Copyright C 2007 by John D. Finnerty. All rights reserved Published by John Wiley & Sons, Inc., Hoboken, New Jersey. Published simultaneously in Canada. Wiley Bicentennial Logo: Richard J. Pacifico No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning, or otherwise, except as permitted under Section 107 or 108 of the 1976 United States...

Words: 114949 - Pages: 460

Free Essay

Traffic Jam

...The mega city of Dhaka cannot afford the burden of 140 million people on its 360 kilometers of land. The concentrated populated itself poses a potential threat. The high-rise buildings, continuously rising industries, increasing number of transports and growing slums continue aggravating the situation. 60 percent of her citizens live beyond the city facilities in spite of their living in the ambit of the city. They throng to the city just to earn their living. Driven by extreme poverty, insecurity, river erosion, serious unemployment problem have sent them to this city. Quickly this situation cannot be changed. Environmentalists have expressed concern that the encroachment on the river Buriganga, the life line of Dhaka city, traffic congestion, pollution and diseases are turning this once majestic city into a choking hell. About fifty percent of the river's pollution load comes from the industrial source while sewerage and domestic wastes contribute to the remaining fifty percent. Between 1980-2009 the population of Dhaka has swelled from three million to more than ten million and its importance has increased manifold but the basic amenities have not kept up with the changes.. Water from the river Buriganga and Shitalakhya that would have supplemented the need of drinking water and other purposes such as cooking and washing has been fouled as much by raw sewerage as by a number of industrial and chemical units and even pesticides. Traffic jam stands as the number one problem...

Words: 1933 - Pages: 8

Premium Essay

Haiti

...Health Status and Health Care Services in Haiti with Comparison to the United States Teffanie Cummings DeVry University Introduction to Health Services Management Course Project/ HSM310 April 21, 2014 Dr. Becky Foster OUTLINE TITLE I. Executive Summary * II. Haiti Healthcare Status A. Population without healthcare insurance B. Mortality, Infant mortality data, causes of death C. Healthcare Insurance available to the poor III. Availability of Health Services A. Fundamental Life Insurance B. Red Cross C. Medicaid IV. Expenditures A. Who pays for the healthcare B. Total cost for the healthcare overall C. The Government V. Influences on the health care system A. Cultural influence B. Does society have anything to do with Haiti healthcare? C. What does politics have to do with Haiti healthcare VI. Summary A. What are the biggest healthcare problems in Haiti B. United States healthcare system compared to Haiti healthcare C. What opportunities can be offer to help Haiti healthcare * VII. Conclusion Abstract By every measure found Haiti is known to be the poorest country in the Western hemisphere and that makes they have the worst healthcare system. The can only afford around $85.00 or less per person for healthcare and the population is around 8 million (Whyte, 2010). Healthcare in Haiti is like nonexistent over half the population is unemployed and the...

Words: 2998 - Pages: 12

Premium Essay

Crm Initiatives

...enclose the following documents pertaining to your Policy: • • • • Policy Schedule Policy Clauses and Wordings Premium Receipt Grievance Redressal Letter We have taken care that the documents reflect details of risk and cover as proposed by you. We request you to verify and confirm that the documents are in order. Please ensure safety of these documents as they form part of our contract with you. For all your future correspondence you may have with us, kindly quote your Customer ID and Policy Number. Your Customer ID Your Policy Number : : 0000000003514536 0000000002500601 The Postal Address of your SBI General Branch that will service you in future is: SBI General Insurance Company Limited 101-301, Natraj, Junction of Western Express Highway and Andheri-Kurla Road, Andheri East, Mumbai, Maharashtra-400069, 1000000108. In case of any queries or suggestions, please do not hesitate to get in touch with us. You can contact us at customer.care@sbigeneral.in or call our Customer Care Number 1800-22-1111 (MTNL/BSNL user) and 1800-102-1111 (for other users) We look forward to a continuing and mutually beneficial relationship. Yours sincerely, Authorized Signatory SBI General Insurance Company Limited Registered and Corporate office:“Natraj” 101, 201 & 301, Junction of Western Express Highway &AndheriKurla – Road, Andheri (East), Mumbai – 400 069 Page 1 of 13 INDIVIDUAL PERSONAL ACCIDENT POLICY POLICY SCHEDULE Policy No: 0000000002500601 Intermediary Details:...

Words: 7268 - Pages: 30

Premium Essay

Management

...[Name of the author] [Name of the institution] [Date of submission] Introduction Entrepreneurship is an activity done purposefully by an individual or groups of associated individuals to initiate maintain or organize profit oriented business unit. This is for the production and distribution of economic goods and services and exploiting newfound opportunities. Productive entrepreneurship and creativity combine these inputs into profitable ways. An institution that encourages free entrepreneurship becomes the ultimate determinants of economic growth of a nation. Economic development involves a sustained and concerted action by the community and policy makers to promote the standards of living and economic health of a nation. Some of the actions undertaken involve the development of critical infrastructure, environmental sustainability, social inclusion, and even regional competitiveness to achieve the economic development. Literature review of entrepreneurship and economic development: The industrial economy in the post-world war two periods led to competition among geographical areas to provide tax to attract industrial companies. In the 1990s, the old managerial and industrial economy was replaced by the knowledge and entrepreneurial economy. The rise of companies such as apple, Microsoft and Google exemplified entrepreneurial creation of wealth at the end of twentieth century(Phillips, 2011).The second decade of twenty first century begins virtually with all countries in...

Words: 2957 - Pages: 12

Free Essay

Bandra Worli Sea Link Disadv

...Project Norms for Environmental Compliance in India a) EIA Process in India b) Project Location c) Assessment of Alternatives d) Delineation of Mitigation Measures and EIA Report e) Public Hearing f) Monitoring the Clearance Conditions Violations of these Environmental Laws a) No Public Hearing Held b) Incomplete environmental Impact Assessment c) Project Report not Available d) CRZ Violations Due to Reclamation e) Quarrying f) Local Community not Consulted 7 7 8 8 9 9 10 10 10 10 12 12 13 15 15 Impact of the Project on Environment, Livelihood and Traffic a) Protected Species Endangered by Illegal Tree Felling b) Impact on the Livelihood of Local Communities c) The Impact of Additional Traffic – Congestion in South Mumbai d) Increase in Road Traffic a Source of Pollution 16 17 20 20 22 Undesirability of the Project for the City’s Well Being a) Impact due to Blockage of the Mithi River b) Financial Viability and Absence of Realistic Projections of Cost Recovery c) Problems with the Planning and Implementation of the Project 23 23 24 26 Part 3: Alternatives Part 4: Conclusions and Recommendations Part 5: Annexures Annexure Annexure Annexure Annexure Annexure Annexure I II III IV V VI : : : : : : Table of Abbreviations Chronology of Events Summary of the Depositions Maps of the Project Official Invitations Sent and Replies Received Bibliography 29 31 33 33 34 36 49 51 54 Members of the Tribunal: Justice R. A. Jahagirdar graduated from Elphinstone College...

Words: 20942 - Pages: 84