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NY council extends term limit so Bloomberg can run
The New York City Council voted on Thursday to extend the two-term limit for mayor and other elected officials, allowing Mayor Michael Bloomberg to seek another term to help the city cope with the deepening global financial crisis. Bloomberg, a former Wall Street trader and self-made billionaire who was elected in 2001 and again in 2005, wants to run again on grounds that his financial experience will be valuable in guiding the city through lean fiscal times ahead. Posted by: Fred 2008-10-24 |
| http://www.rantburg.com/poparticle.php?ID=253484 |