Not that this is news to anybody, but once again we see that when those in power don't like the rules, they change them.
Michael Bloomberg, the billionaire mayor of New York City, decided that two terms were not enough for him. So, the term limits law ratified by Big Apple voters was overruled by Bloomberg and the city council. Now they can all run for another term.
Let's hope that New York citizens exercise the real option for limiting terms, voting them out of office.