They say politics make strange bed follows, such is the case of cosmetics mogul and billionaire Ron Lauder. A stark proponent for term limits in 1993 and founder of New Yorkers for Term Limits. He led his support to keep term limits in place but now he wants an exception for his fellow billionaire boys club member, Mayor Michael Bloomberg.

Lauder feels the mayor has done an extraordinary job as mayor, so he wants to support a one-time extension that will keep the mayor at the helm of his City Hall seat.

What Does This Mean: The present two-term limit law could be permanently abolished off the law books and constituents will have no say in this matter. If accepted, the mayor could run for re-election next year, placing potential mayoral hopefuls like William Thompson, Christine Quinn, Marty Markowitz and Anthony Weiner in a dilemma.
 

Will their financial war chest be able to compete with the $85 million Bloomberg spent in his last municipal election?

They have literally abandoned all measures to place this voter referendum on the ballot this Fall. Basically this would be left up to the City Council and possibly be passed with the mayor on board.

In recent polls, it was concluded that voters are indeed satisfied with the stewardship of Mayor Bloomberg. Does this mean he should sit at the helm indefinitely and all it takes is another billionaire to lend his support to it?

This issue was voted down twice, it should be placed back on the ballot for the voter's to decide.

What do you think?