Bloomberg wants a 3rd term
The Associated Press: AP source: New York mayor wants a 3rd term
NEW YORK (AP) — For a long time, Mayor Michael Bloomberg seemed to despise the very notion of changing a voter-approved law restricting elected officeholders to two terms in office.
When a bill reached his desk in 2002 that would have extended the terms for some officials, he vetoed it. He said the proposed law was wrong because elected officials shouldn't be changing rules to benefit themselves politically.
But Bloomberg now appears to have reversed himself. He wants to change the law and run for a third term.
A person who has been briefed on the matter told The Associated Press that Bloomberg will announce Thursday that he will seek to overturn the term-limit law and run for another four years. The person spoke on condition of anonymity because the announcement hasn't been made.
Bloomberg, a former chief executive officer who started his career on Wall Street, will cite the nation's precarious economic situation as the reason that New York needs a tested financial manager to stay on and guide the city, the person said.
The individual close to the mayor said his plan is to go through the City Council to extend the law to allow a third term because it is too late to get the issue on this year's ballot.
Bloomberg quickly drew the scorn of term-limits supporters. Mark Green, the former city public advocate who lost to Bloomberg in 2001, called the move "an antidemocratic, self-dealing power grab." Green said civic and labor officials had already been talking about mounting a pro-term-limits campaign should Bloomberg seek to overturn the law.
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