Direct quotes from Mayor Michael Bloomberg:
"The public has spoken twice through referendums, and I think that if the public changes its mind, the public has a right to do so. I would oppose any change in the law that a legislative body tries to make. It seems to me that democracy has been given a chance, and we should live with the results." –- February 2002
"At a time of excessive cynicism about so many of our institutions, I believe that elected officials should seek at every opportunity to maintain and enhance the trust of the citizens… I believe it is simply inappropriate for those members elected in 1997, who were aware of the rules under which they were elected, to seek to change those rules in a manner that may work to their own advantage." -- August 2002
"My experience in business has been, whenever we've had somebody who was irreplaceable, their successor invariably did a better job, and I think change is good. Yes, you throw out an occasional good person, but you also throw out a lot of people who have just gotten stale and take it for granted, haven't had any new ideas, so on balance I've always been a believer in term limits." -- 2006
"If the bill were to change term limits from two to three, I would have to think long and hard about it." -- September 9, 2008
After months of speculation about his political future, Mayor Michael R. Bloomberg plans to announce on Thursday morning that he will seek a third term as mayor, according to three people who have been told of his plans. The extraordinary move promises to upend New York City’s political world. -- September 30, 2008
Term limits were good enough to remove Giuliani after 9/11 (what got your ass in office in the first place) and it's good enough to get rid of you now.