Twenty-second Amendment to the United States Constitution
Some argue that the 22nd Amendment and 12th Amendment bar any two-term president from later serving as vice president as well as from succeeding to the presidency from any point in the presidential line of succession. Others contend that the original intent of the 12th Amendment concerns qualification for "service" (age, residence, and citizenship), while the 22nd Amendment, concerns qualifications for "election", and thus (strictly applying the text) a former two-term president is still eligible to "serve" as vice president (neither amendment restricts the number of times an individual can be elected to the vice presidency), and then succeed to the presidency to serve out the balance of the term (though prohibited from running for election to an additional term).
2008 United States presidential election
Not only was the 2008 election the first time since 1952 that neither the incumbent president nor the incumbent vice president was a candidate in the general election, but it was also the first time since the 1928 election that neither sought his party's nomination for president; as Bush was term-limited from seeking another nomination, the unique aspect was Vice President Cheney's decision not to seek the Republican nomination. The 2008 election was also the third presidential election since 1896 in which neither the incumbent president, the incumbent vice president, nor a current or former member of the incumbent president's Cabinet won the nomination of either major party the others being 1920 and 1952. With no members of the Bush administration emerging as major contenders for the Republican nomination, the Republican race was as open as the Democratic race.Immediately after the 2006 midterm elections, media pundits began speculating, as they did about the Democrats, about potential Republican candidates for President in 2008. In November 2006, Former New York City Mayor Rudolph Giuliani led in the polls, followed closely by Arizona Senator John McCain. The media speculated that Giuliani's pro-choice stance on abortion and McCain's age and support of the unpopular Iraq War would be detriments to their candidacies. Giuliani remained the frontrunner in the polls throughout most of 2007, with McCain and former Tennessee Senator Fred Thompson fighting for second place. Arkansas Governor Mike Huckabee, Giuliani, Former Massachusetts Governor Mitt Romney, and Texas Representative Ron Paul announced their candidacies on January 28, February 5, February 13, and March 12, respectively. McCain officially announced his candidacy on March 1, 2007, after several informal announcements. In the third quarter of 2007, the top four GOP (Republican) fundraisers were Romney, Giuliani, Thompson, and Ron Paul. MSNBC's Chuck Todd christened Giuliani and John McCain the front runners after the second Republican presidential debate in early 2007.