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NEW YORK (Reuters) - Mayor Michael Bloomberg won the right to seek re-election as New York's City Council voted on Thursday to extend the two-term limit for elected officials as the city grapples with the global financial crisis.
Bloomberg, a former Wall Street trader and self-made billionaire who was elected in 2001 and in 2005, wants to run again on grounds that his financial experience will be valuable in guiding the city through lean fiscal times ahead.
Originally posted by ZindoDoone
Oh great...the Geroge Soros of American meglomainiacs is getting another term because the NY city council is making decisions they have no legal basis for. Bloomberg is an idiot. I don't care that hes rich. He's running NYC like itsa his own personal fifedom and to hell with its citizens or the laws on the books. "live like I tell you or else" is his motto!!! He's the major reason I avoid NYC like the plague!!
Zindo
Originally posted by ZindoDoone
If that the case why is it that twice it was on the ballot and twice the citizens voted to continue term limits?. If they could change at will why put it on a ballot that has twice been approved by the citizens? They where implemented in '93 by a ballot initiative. Seems to me it will take a ballot initiative to change the law. Not a caveat by Blomberg because he has the city council in his pocket? Besides, I believe he needs to be elected to a third term, not appointed!
Zindo