Term Limits Advocate: Wall Street Collapse Changes Nothing

Ken Moltner, a spokesman for the group New Yorkers for Term Limits, says the Wall Street collapse doesn’t bolster the case for giving lawmakers an third term in office. 

"If that’s part of the conversation, then you look at the slush fund scandal that’s going on, and other things going on, and that actually goes against saying the people in office should stay," Moltner told me just now.

New Yorkers for Term Limits is the Ron Lauder-backed group that put two term-limit referendums on the ballot in 1990s; both passed.

"This is the will of the voters," he said. "What the City Council is trying to do is disregard that. It is not the financial issue–or any other issue–that takes precedent." Term Limits Advocate: Wall Street Collapse Changes Nothing