One, I don't think a bunch of elected officials (with a HUGE conflict of interest in deciding the issue) have any right to overturn a decision made by a public vote about whether or not they are able to continue in their jobs. If the public installed term-limits, only the public can rescind term-limits. You can't just decide that the law which doesn't operate to your advantage simply no longer applies. It smacks of cronyism and the kind of corruption for which New York politics is famous. After eight years of gleeful, cackling, sociopathic GOP law-breaking, though, I guess I shouldn't be surprised that even a mild-mannered billionaire with a Napoleon complex figured he'd just vote himself an extension.
Two, however, I think Bloomberg has done a fine job overall. Were this law not already in place I wouldn't think twice about re-electing him for a third term - I just don't like the precedent this will set vis a vis other laws the city council doesn't like. In fact, he will likely be re-elected and that will mostly be OK, despite the fact that I am one of those bitter partisans. As another hizzoner, the late great Fiorello LaGuardia, once said of being a mayor: "There's no Democratic or Republican way to pick up garbage."
But, if Bloomberg gets a third term, I mostly just love the fact that it will be a huge FUCK YOU to Rudy Ghouliani who couldn't get the law overturned and thus himself a third term as "America's Mayor" - EVEN in the wake of September 11th.
Hey, guess what, you miserable little fuck? We just didn't want you. Now go crawl back into that coffin you sleep in and quit walking among the living.