NEW YORK (CNN) - New York Mayor Michael Bloomberg announced Thursday he is asking the city council to change the office's two-term limit allow him to run for a third term.
"If the City Council should vote to amend term limits, I plan to ask New Yorkers to look at my record of independent leadership and then decide if I've earned another term," Bloomberg said in a news conference at City Hall.
The mayor, a billionaire businessman, is credited with helping New York City recover economically after the terror attacks on September 11, 2001, which felled the twin towers of the World Trade Center and killed more than 2,700 people.
Elected for the first time just two months after the attacks, Bloomberg pumped tens of millions of dollars of his own money into that campaign, as well as his bid for re-election in 2005.
"As a businessman with expertise on Wall Street and finance and as a mayor who has balanced budgets and delivered services, I can tell you that the enormity of the challenges ahead should not be underestimated," Bloomberg said.
"I care deeply about sustaining the progress we made and finishing the job the voters elected me to do."
Bloomberg, an independent since 2007, wants city council to change the current two-term limit law and offer voters another choice.
"As always, it will be up to the people to decide, not me," he said.
In 2005, Bloomberg easily defeated his Democratic opponent, Fernando Ferrer, the former Bronx borough president, who was never able to gain any traction against the popular incumbent.
Bloomberg runs Bloomberg L.P., a global communications company that provides news and financial services to thousands of businesses worldwide.
Well, if he's anything like bush, he'll just change the law to suit him
NOOOOOOOOOOOOOOOOOOOOOO!!! Out with the old and in with the new!! If thats the case go ahead and give Clinton a third term, and OHHHHHH! My goodness BUSH having a third term!!! NOOOOOOOOOOOOOOO!
tell him to go to hell and do his third term there...... You are givimg a lesson to bush right...hahahaha
No Way! It would encourage too many idiots to do the same.
Some places have laws where the term limits can be changed – BUT
The changes have to take place in the next cycle. Don't know what they are in NY. Thing this man has been more honest than most, and definitely more effective. Hope it works out well for him.
The stock market is down 300 points as I type, and the jobs report was absolutely horrible.
GET WITH THE PROGRAM, CNN!
--has he done anything good for the n.y?
Now way. No how. No McBloomberg!
Term limits are in place for a reason, Mike.
he should, from what i know... he is a great mayor
Bloomberg blew a great chance to become the first Independent President. It is obvious the two major parties have no clue as to how to get us out the fiscal mess, only how to get us deeper into it. Third party, a real one, anyone?
YEA so just in case another bush come's along will go through 12 years of term oil.. I think not 8 years was enough...
You just really don't know what can happen.
I may be from New York and I may like Mike, but seriously, this is the most blatant power grab ever and should not be allowed.
Term limits are there for good reason or people this year might actually have been dumb enough to vote for Bush again. (Though they still might since Bush will live vicariously through McCain.)
No way the LAW IS THE LAW and it applies to everyboby.
So will bush also ask for a change of the law to run a third term?
Give me break. He's not the only one man in new york who can do a good job. I Hate power usurpation.
I think that they should allow him to stay.. In times liek this the city needs a leader who is familuar with the city and able to help this city coop with the economic termoil. People are acting as if this has never happened in the history of this city. In fact it has happened three times before. To date Bloomberg has been the best thing for this city. He has introduced many programs that many previous mayors failed to do.
Also, we should note that unlike any other mayor that will come after him his salary is one less thing that the budget commitee has to worry about and in these times that helps a whole lot.
I think it's good. 2 terms are kinda short to put in place some of the long-term plans.
Oh no. Two terms is enough. I don't think most New Yorkers would have made it through a 3rd Giulianni term. Mr. Bloomberg may be rich, but that doesn't mean he should get special treatment. What des he actually plan to accomplish in a 3rd term? And why haven't they begun construction on our beloved towers?
He need to leave too . enough already ! He was ok , but 3 times is not the charm. Is he superman , he's here to rescue N.Y.–Thats what Guliani thoght he was doing and he was a mess
Old man go man rest. There is notthing like 3rd time.
Mayor Bloomberg don't do it! You see what happened to Mayor Koch. You know how New Yorkers are, love you today, hate you tommorrow. Get out while they still love you dude.
And why is is national news?
I would rather steam the wrinkles from my face with a hot iron than vote for Bloomie again!!!
Who the heck does this guy think he is?
Hey Bloomberg....just retire, become a community organizer and a crack dealer and then become the democrat candidate for president in 2012. It seems to be a recipe that works.
McCain's objection to Gwen Ifill is outrageous. Knowledge of this book was well known prior to his approval of the moderator. If he or his staff did not voice an objection then they should keep silent now. To openly admit that they were unaware points out their failure to handle their own campaign. That being the case how can he handle our country. These theatrics only make him look foolish and he should quit while he can save some face.
IS HE CRAZY. GOOD MAYOR BUT CRAZY.