The New York Times reports that Mike Bloomberg may run for a third term as Mayor of New York City, thereby ending the current two-term limit. The Daily News and The New York Post support this (see links in the Times artice). I say: good. Term limits are undemocratic and insulting - designed, in effect, to keep people from making choices they think best, if their choice is to have a Mayor or President continue in office beyond the term limits.
I have mixed feelings about Bloomberg as a Mayor, and don't know if I would vote for him for a third or any term - but the principle that term limits are bad for democracy takes precedence.
Franklyn Delano Roosevelt served four terms as President - shortly after which, term limits for President, two terms, were put into our Constitution. I've long thought that that anti-democratic 22nd Amendment should be repealed.
The essence of the democracy is the citizens decide. Protecting people from their desires and analyses about who should be office, if that person has already served x number of terms, is counter-productive to having the best person in office, and, from the point of view of democracy, self defeating and not sane.
Bloomberg will need to get the City Council to do away with the term limits for Mayor. I hope they do the right, democratic thing.