Sources say New York City Mayor Michael Bloomberg wants to repeal the city's term limits law so he can seek a third term. The only problem? According to the NY Daily News:

Bloomberg vociferously opposed scrapping term limits in the past, at one point calling an effort to change the laws "disgusting."

Voters haven't been in favor of repealing term limits in the past either. But with Bloomberg's high approval ratings and the markets in crisis, things may be different today.