Forbes released their 2009 list of the 400 Richest Americans, and Mayor Bloomberg finds himself at #7 with a net worth of 17.5 billion dollars. Now I don't begrudge Bloomberg one penny of his fortune. I do, however, resent him for lying to the people of New York when he said that the economic crisis was the reason for pressuring the city council to extend a third term. The real reason was that Bloomberg found a real money maker in being Mayor of New York, and the only economic crisis he cares about is the one affecting his own portfolio.
According to Forbes, here is Bloomberg's net worth since running for mayor in 2001:
2009 - $17.5B
2008 - $20.0B
2007 - $11.5B
2006 - $5.3B
2005 - $5.1B
2004 - $5.0B
2003 - $4.9B
2002 - $4.8B
2001 - $4.0B
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NY Times 11/03/93
Term Limits Stay 8 Years As Extension Is Rejected
NY Times 11/06/96
Bloomberg Vetoes Easing Of Council's Term Limits
NY Times 08/21/02
Mayor and Speaker Appealing Court Ruling on Term Limits
NY Times 03/29/03
No Limits for Mike
NY Post 06/05/08
Bloomberg Said to Test a Term-Limit Reversal
NY Times 08/22/08
Bloomberg denies term limit rumors
ABC-TV 08/23/08
Term Limit Guru Lauder, Bloomberg Reach Deal
WCBS-TV 10/08/08
Testy Bloomberg denies twisting arms on term limits
Daily News 10/14/08
Back When the Mayor Loved Term Limits
NY Times 10/20/08
Council Votes, 29 to 22, to Extend Term Limits
NY Times 10/23/08
Money and Power Revised Term Limits...
NY Times 10/27/08
How Term Limits Changed the Political Landscape
Gotham Gazette 01/05/09
NO THIRD TERM
disgrace
noun
1. a condition of shame, loss of reputation, or dishonour
2. a shameful person or thing
3. exclusion from confidence or trust
noun
1. a condition of shame, loss of reputation, or dishonour
2. a shameful person or thing
3. exclusion from confidence or trust
From El Diario La Prensa
“Bloomberg’s legacy has been most tarnished by the blatantly undemocratic maneuver he pulled on term limits. Twice, New Yorkers had voted to limit the service of local elected officials to two terms. Instead of respecting that, Bloomberg and his associates peddled the idea of overturning term limits to the editorial boards of local newspapers; pressured the heads of nonprofit organizations that rely on private donors and city funding to speak before the City Council in support of undoing term limits; and contrived to run out the clock on a referendum.
All of this is not simply slick scheming — it is a gross abuse of power. Even Venezuela’s President Hugo Chávez conducted a plebiscite on his extended stay in power. New Yorkers were not even given that chance.”
-El Diaro La Prensa
10/8/09
All of this is not simply slick scheming — it is a gross abuse of power. Even Venezuela’s President Hugo Chávez conducted a plebiscite on his extended stay in power. New Yorkers were not even given that chance.”
-El Diaro La Prensa
10/8/09
BLOOMBERG IN HIS OWN WORDS
The people themselves have twice explicitly voted for term limits. We cannot ignore their will. They want the openness new faces bring. And they will get it. We will not go back.” (2002)
“I would oppose any change in the law that a legislative body tries to make.” (2002)
“There’s no organization that I know that would put somebody in charge for a long period of time." (2002)
"The public wants term limits, and while it may be that the city council has the right to override them, deliberately saying to the public,"we don't care what you think," is I would use the word "disgraceful." (2005)
"I always thought term limits were a good idea. I am not trying to overturn term limits." (2008)
“I would oppose any change in the law that a legislative body tries to make.” (2002)
“There’s no organization that I know that would put somebody in charge for a long period of time." (2002)
"The public wants term limits, and while it may be that the city council has the right to override them, deliberately saying to the public,"we don't care what you think," is I would use the word "disgraceful." (2005)
"I always thought term limits were a good idea. I am not trying to overturn term limits." (2008)
TERM LIMITS EXTENSION RECAP
New Yorkers Approve Limit of 2 Terms for City OfficialsNY Times 11/03/93
Term Limits Stay 8 Years As Extension Is Rejected
NY Times 11/06/96
Bloomberg Vetoes Easing Of Council's Term Limits
NY Times 08/21/02
Mayor and Speaker Appealing Court Ruling on Term Limits
NY Times 03/29/03
No Limits for Mike
NY Post 06/05/08
Bloomberg Said to Test a Term-Limit Reversal
NY Times 08/22/08
Bloomberg denies term limit rumors
ABC-TV 08/23/08
Term Limit Guru Lauder, Bloomberg Reach Deal
WCBS-TV 10/08/08
Testy Bloomberg denies twisting arms on term limits
Daily News 10/14/08
Back When the Mayor Loved Term Limits
NY Times 10/20/08
Council Votes, 29 to 22, to Extend Term Limits
NY Times 10/23/08
Money and Power Revised Term Limits...
NY Times 10/27/08
How Term Limits Changed the Political Landscape
Gotham Gazette 01/05/09
You're Also a Disgrace, Christine Quinn
"I am today taking a firm and final position.
I will not support the repeal or change of
term limits through any mechanism, and
I will oppose aggressively any attempt by anyone to make any changes in the term
limits law." - Christine Quinn (Dec, 2007)
I will not support the repeal or change of
term limits through any mechanism, and
I will oppose aggressively any attempt by anyone to make any changes in the term
limits law." - Christine Quinn (Dec, 2007)
Council Members Who Voted to Extend Term Limits
M.del Carmen Arroyo (17-Bronx)
Maria Baez (14-Bronx)
Leroy Comrie (27-Queens)
Inez Dickens (9-Manhattan)
Erik Martin Dilan (37-Brooklyn)
Simcha Felder (44-Brooklyn)
Lewis Fidler (46-Brooklyn)
Helen Foster (16-Bronx)
Alan Gerson (1-Manhattan)
Sara Gonzalez (38-Brooklyn)
Robert Jackson (7-Manhattan)
Melinda Katz (29-Queens)
G. Oliver Koppell (11-Bronx)
Miguel Martinez (10-Manhattan)
Darlene Mealy (41-Brooklyn)
Michael Nelson (48-Brooklyn)
Domenic Recchia (47-Brooklyn)
Diana Reyna (34-Brooklyn)
Joel Rivera (15-Bronx)
James Sanders (31-Queens)
Larry Seabrook (12-Bronx)
Helen Sears (25-Queens)
Kendall Stewart (45-Brooklyn)
James Vacca (13-Bronx)
Al Vann (36-Brooklyn)
Peter Vallone, Jr (22-Queens)
Thomas White (28-Queens)
David Yassky (33-Brooklyn)
Maria Baez (14-Bronx)
Leroy Comrie (27-Queens)
Inez Dickens (9-Manhattan)
Erik Martin Dilan (37-Brooklyn)
Simcha Felder (44-Brooklyn)
Lewis Fidler (46-Brooklyn)
Helen Foster (16-Bronx)
Alan Gerson (1-Manhattan)
Sara Gonzalez (38-Brooklyn)
Robert Jackson (7-Manhattan)
Melinda Katz (29-Queens)
G. Oliver Koppell (11-Bronx)
Miguel Martinez (10-Manhattan)
Darlene Mealy (41-Brooklyn)
Michael Nelson (48-Brooklyn)
Domenic Recchia (47-Brooklyn)
Diana Reyna (34-Brooklyn)
Joel Rivera (15-Bronx)
James Sanders (31-Queens)
Larry Seabrook (12-Bronx)
Helen Sears (25-Queens)
Kendall Stewart (45-Brooklyn)
James Vacca (13-Bronx)
Al Vann (36-Brooklyn)
Peter Vallone, Jr (22-Queens)
Thomas White (28-Queens)
David Yassky (33-Brooklyn)
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