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Will the law permitting Michael Bloomberg to run for a 3rd term be passed before Dec 31st 2008?

Settled as Yes

http://www.reuters.com/article/domesticNews/idUSTRE49M70J20081023

Background:

The New York Times reports that Mayor Michael Bloomberg is planning to run for a 3rd term as NYC's mayor, despite the fact that there is a law restricing anyone from completing more than 2 terms.

His second term is up in 2009, and he seems pretty determined to get the law changed to allow him to run for another four year term.

He has broad support among City Council members, business leaders and newspaper editorial boards, with The New York Times having already published an editorial calling for term limits to be abolished. The New York Post and The Daily News have also endorsed Mr. Bloomberg’s bid for a third term.

However, his closest advisors are against it. They have told the mayor that changing the law could sully his legacy as a reform-minded outsider. Other aides have told the mayor that they may not remain for a full third term.

So, will the law be passed before the end of the year?


Settlement details: As reported by a major mainstream news source, based on official announcements from the Mayor's office and/or New York City Council.

This will settle as Yes if a new law is passed or a current law is amended to allow Mayor Bloomberg to seek a third term in office.

 
Forecast history, %
   Zoom in

Settled

Yes
60%
No
40%
Activity: H$12,458
Settled as Yes on Thu 23rd Oct 7:31pm PDT

Suspend date: Thu 23rd Oct 10:30am PDT Settlement date: Thu 23rd Oct 7:31pm PDTPrediction cut-off: Predictions on this question after Thu 23rd Oct 10:30am PDT have been voided because they were made after the question could be settled

Initial likelihoods: Yes: 70%

Action history:

Created Wed 1st Oct 7:08am PDT by lesley[Admin]
Changed Settlement info Wed 22nd Oct 7:20am PDT by jenniandboys[Admin]
Changed Suspend date Wed 22nd Oct 7:20am PDT by jenniandboys[Admin]: was: "2008-12-31 23:59:00"
Suspended Thu 23rd Oct 10:30am PDT : Suspend date reached
Settlement requested Thu 23rd Oct 2:21pm PDT by cheesenips: Please settle as Yes http://www.reuters.com/article/domesticNews/idUSTRE49M70J20081023
Suspended Thu 23rd Oct 4:38pm PDT by onedave[Power User]: Suspended pending settlement
Settlement requested Thu 23rd Oct 4:38pm PDT by onedave[Power User]: Please settle as 'yes.'
http://www.reuters.com/article/domesticNews/idUSTRE49M70J20081023 (market suspended)
Settled as 'Yes' Thu 23rd Oct 7:31pm PDT by destry[Admin]: http://www.reuters.com/article/domesticNews/idUSTRE49M70J20081023

Suspend date: Thu 23rd Oct 10:30am PDT Settlement date: Thu 23rd Oct 7:31pm PDTPrediction cut-off: Predictions on this question after Thu 23rd Oct 10:30am PDT have been voided because they were made after the question could be settled
more info...

 

Predictions (55)

55 predictions

4 weeks ago
pita_soup predicted Yes (H$20 at 60%)
4 weeks ago
lcsnor predicted No (H$50 at 40%)
4 weeks ago
sman1955 predicted No (H$1,000 at 38%)
4 weeks ago
mattg42 predicted No (H$50 at 37%)
4 weeks ago
gtown predicted No (H$5 at 36%)
more

Comments (5)

It irks me to know he was at one time all for putting limits on terms...What happened to that?
posted 7 weeks ago
  2 frank2877
Power corrupts :-(
posted 4 weeks ago
Vote is scheduled for this Thursday: http://nymag.com/daily/intel/2008/10/chris_smith_term_limit_poll_re.html
posted 4 weeks ago
No kidding frank! The worst part is the corrupted are doing the decisions on the corruption. Or is it a public vote?
posted 4 weeks ago
  5 pixelpaws
Upholding the law is wonderful, especially when you can bend it to say what you want, right?
posted 4 weeks ago

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