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New York mayor Michael Bloomberg wants law changed so he can serve a third term

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London Telegraph
Friday, Oct 3, 2008

The New York mayor Michael Bloomberg has announced he will seek to change the law so he can run for a third term in 2009.

“We may well be on the verge of a meltdown and it’s up to us to rise to the occasion,” Mr Bloomberg told a news conference.

“So should the city council vote to amend term limits, I plan to ask New Yorkers to look at my record of independent leadership and then decide if I have earned another term.”

(Article continues below)

The mayor’s supporters believe that the billionaire businessman has the best chance of leading the city out of its financial crisis.

Mr Bloomberg, who built a highly successful financial information empire, has suggested that he might remain in office for a third term even though New York City officials are currently limited to two four-year terms.

  • A d v e r t i s e m e n t

However, such a possibility appeared significantly more likely after Ronald Lauder, the heir to the Estee Lauder cosmetics empire, swung behind the idea of a Bloomberg third term.

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This article was posted: Friday, October 3, 2008 at 3:53 am





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