Mike Bloomberg, Plutocrat

an excerpt from the huffington post by Sherman Yellen

Michael Bloomberg: Republican, Democrat, or Plutocrat?
Last October, Michael Bloomberg, New York City's Mayor, announced that he would seek to extend the city's term limits law and run for a third term in 2009, since he needed more than that silly old law limiting the Mayor to two terms, especially during the Wall Street financial crises. "Handling this financial crisis while strengthening essential services...is a challenge I want to take on." Although Bloomberg rejected former Mayor Giuliani's grab for a third term after 9/11, saying that no one is indispensible, he suddenly discovered that someone is -- himself. The public did not unanimously rejoice in his announcement, but according to Wikipedia, "many elite New Yorkers such as David Rockefeller, Henry Kissinger, and prominent businessmen including Jamie Dimon and press mogul Mortimer Zuckerman voiced support for such a proposal and published an open letter urging the City Council to extend the term limits." It is a safe bet that anything Henry Kissinger supports warrants very close inspection by a forensic team wearing latex gloves.
The City Council voted 29-22 in favor of extending the term limit to three consecutive four-year terms, thus allowing Bloomberg to run for office again. And he may run again in four more years if it suits his fancy, thus turning a great city into a banana republic controlled by the richest man in the city. One critic declared that "Bloomberg's tactics in seeking a third term, along with his failure to foresee the Wall Street crisis at the same time his policies were making the City more dependent on finance, real estate and tourism, are proof that Bloomberg is unfit for the job." I won't argue with that. The wreckage I see all around me is national in scope but here in New York City it has the special Bloomberg logo on it.

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