T: Is for Third Term........NO!

He tested the waters for the presidency, then the vice presidency, when that failed the World Bank now Mayor Michael Bloomberg is seeking a third term. He changed from Democrat to Republican then to Independent. 15 years ago NYC residents voted to impose a limit of eight years, or two terms, on the mayor and the city council. In 1996, voters again rejected a 12 year extensions. Extending the term limits is in many council members' advantage because unless the law is changed, more than 60 percent of the members will not be able to run again in 2009. According to Newsday New Yorkers vote yes to this idea, but here in lies the problem. We don't get to vote. Our rights will be taken away. If you start bending the rules, what's to stop the next person from bending the rules further. Look at Wall Street. According to Michael Bloomberg, he wants to stay because of the financial crises but where was he when all this was happening? When Warren Buffett put his money where he believed, where was Bloomberg's? He is currently listed on the Forbes 400 as the eighth-richest American, with a net worth of $20 billion. Bloomberg has been in office since George Bush. Where was he in imposing and regulating Wall Street? Mr. Bloomberg, is a former trader who amassed a multibillion-dollar fortune through his news organization, and in the past has been against extending the terms. Could this be another bid for the presidency in 2012? Despite the fact that 68 percent of New York City's registered voters are Democrats, Bloomberg decided the city should host the 2004 Republican National Convention. The Convention drew thousands of protesters, many of them local residents angry over the Iraq war and other issues. The Police Department under the Bloomberg administration arrested approximately 1,800 protesters. Ask Democrats if they want Michael Bloomberg for Mayor again and I am sure you will get a different answer. Also despite how New Yorkers feel he opposes a timeline for withdrawal from Iraq. He balanced the budget by raising property taxes and making cuts to city agencies thus hurting New Yorkers.

Did you know: In 1981, he was fired from Salomon Brothers and given a $10 million severance package. He went on to set up a company named Innovative Market Systems. In 1982, Merrill Lynch became the new company's first customer, installing 20 of the company's Market Master terminals and investing $30 million in the company.


He gave Goldman Sachs $1.65 billion in tax breaks.
Billions of dollars in public subsidies are payed out to real estate developers in NYC. Here is a partial list.
$155 Million cash to Silverstein and $2.9 Billion in reduced rate financing Silvertein
The Atlantic Yards was sold without allowing any bids for $3.5+ Billion in cash, tax breaks, and financing, plus likely hundreds of millions in pending cost offsets not yet calculated
The Bronx Terminal Market was sold without allowing any bid for $14 million in cash $32 million money-back guarantee
$400 million in low rate financing Unaccounted tax breaks
Yankee Stadium gets $795 Million in financing and tax breaks
Mets Stadium gets $177 Million in financing and tax breaks
West Side Railyards Jets Bid (never realized)
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He is currently seeing former New York state banking superintendent Diana Taylor.

If New Yorkers did not extend the term of a Mayor when put to a vote when 9/11 happened, why now? Why him? I can't say who would make a better Mayor because I don't know who will run and neither will you if our right to vote is taken away. I polled several people today asking what they thought. Most did say it would be ok until I told them what I had found today and then they were all adamantly against this blatant grab at power. Research and see if what I am telling you isn't true and then fight for your rights before they are taken away, for they are about to and that is a F.A.C.T.