According to various news reports, NYC Mayor Michael Bloomberg will seek a suspension of the term-limit law and announce he will seek a third term, a subject he has danced around for some time. Mayor Bloomberg will reportedly make the announcement Thursday morning, citing his business experience and the financial crisis on Wall Street as reasons to stay on the job.
NY1 reports that Mayor Michael Bloomberg has yet to confirm or deny the reports that he will announce his intention to change city law and run for a third term next year.
The mayor refused to answer questions as he left his home on Wednesday morning.
The current term limit law has been approved by voters twice. It prevents the mayor and other city politicians from seeking a third term. But a majority of City Council members have expressed support for changing the law.
Support for the mayor's reported decision includes some notable newspaper editorials.
The Daily News says "New Yorkers will jump at the chance" for a third Bloomberg term, while the New York Times calls on the City Council to do away with term limits all together.
The editorial says term limits take away the voter's right to choose the best candidate. The Times argues that the law should be abolished all together � not just to extend Bloomberg's career, but for the sake of democracy.
Current city law will force Bloomberg from office at the end of next year, as well as the city comptroller, two-thirds of the City Council and the city's public advocate.
(CBS2 HD / NY1)
http://www.theyeshivaworld.com/article.php?p=24164
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