I GOT MINE: Bloomberg Now Backs Two-Term Limit In His Third Term As Mayor

[Amerigo Vespucci]

Bloomberg Now Backs Two-Term Limit In His Third Term As Mayor

http://www.huffingtonpost.com/2010/10/25/bloomberg-term-limits-_n_773570.html



NEW YORK — Two years ago, Mayor Michael Bloomberg had the city's term limits law extended so he could run for a third term, but now he says he supports a ballot measure to set it back to two terms.

After Bloomberg abandoned the idea of running for U.S. president in 2008, he persuaded the City Council to extend the term limits law, arguing the city needed him to stay on to get through the national financial crisis. He promised he'd convene a charter commission to put the question before voters again.

Voters get that chance Nov. 2. The ballot question asks whether to amend the city's charter to two terms; if voters check "yes," the law will be changed back to a limit of two consecutive four-year terms, and if they reject it, the three-term law will stand.

The billionaire mayor, who founded the financial information company Bloomberg LP, was asked Monday which way he would vote.

"I'm voting to restore it," he said.

[Smarmie Doofus]

1. LOL. We would have just been LOST without him. n/t