Bloomberg wants third term

New York movers and shakers are all abuzz about Mayor Bloomberg. Apparently the two-term mayor is put off by term limits and wants to extend his stay in the Mayor’s office for another term. New York City civilians have voted twice in the past to limit the terms of their mayors and even America’s Mayor, Rudy Giuliani, couldn’t get past the limits.

Mr. Bloomberg, whose second term ends in 2009, is barred by law from running for re-election. So he will propose revising the city’s 15-year-old term limits law, which restricts him and dozens of other elected leaders to two four-year terms, those people said.

In his appearance on Thursday, they said, Mr. Bloomberg, a former Wall Street trader and the founder of a billion-dollar financial data firm, will argue that the worldwide financial crisis — with its potentially severe impact on New York City — demands his steady hand and business experience.

[...]Mr. Bloomberg’s strategy carries significant political risk. Several polls, conducted over the last few months, show widespread support for keeping the law in place. City voters passed term limits by overwhelming margins in 1993, and reaffirmed their support in 1996.

Apparently, Mayor Bloomberg has offered city council members the opportunity to reject their own term limits, which sets pretty well with those in power. Also, he’s not very worried about the cost of any legal action or for running for a third term. Mayor Bloomberg, afterall, is a billionaire and can probably outspend anyone running against him. Could this mean another thing like Tammany Hall back in the good ol’ days?

Maybe Mayor Bloomberg should run to be part of the Republican ticket. He’s been the executive of a city that is nearly 10 times the population of all of Alaska. Surely he’s more qualified?

Popularity: 4% [?]

Sphere: Related Content


Did you enjoy this post? Why not leave a comment below and continue the conversation, or subscribe to my feed and get articles like this delivered automatically each day to your feed reader.

No comments yet.

Sorry, the comment form is closed at this time.