Record homeless rate in NYC as Bloomberg seeks another term

Bloomberg is spending a fortune to stay in office, while one and a half million people have left his city for good. And in his 8 years as mayor, some believe, Michael Bloomberg has turned New York into his very own kingdom. But thousands of homeless and unemployed say the city is now too expensive to live in.



Billionaire Michael Bloomberg has won a third term as mayor of New York. However hes courted controversy by changing term limits, which used to allow someone to be mayor only twice




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