As most voting Americans who use secured loans and cash loans are aware, a president can currently serve no more than two consecutive four-year terms in office. In extreme circumstances (such as the death or removal of the president), the limit is raised to 10 years for the successor. This is mandated by the 22nd Amendment to the United States Constitution, and was put in place not long after Franklin Delano Roosevelt’s time in office ended. Roosevelt actually died in office. The Amendment was proposed on March 21, 1947 and eventually ratified  on February 26, 1951.

Why was the 22nd Amendment introduced? Congress was concerned that without term limits, the president would have the power to become a dictator. Thomas Jefferson foresaw this problem in 1807, and he warned that presidents not bound by term limits could use their popularity and power to become kings. In his words to the U.S. legislature at the time,

If some termination to the services of the chief magistrate be not fixed by the Constitution or supplied in practice, his office, nominally for years, will in fact become for life; and history shows how easily that degenerates into an inheritance.

Now, we have a new cult of personality in America in the leadership of Barack Obama. And we also have a movement underway in Congress that could seek to repeal the 22nd Amendment and make Obama the king of America.

He claims he isn’t…

World Net Daily (WND) reports that while President Obama supports the idea of term limits. This comes straight from the mouth of his chief spokesman, Robert Gibbs. Les Kinsolving of WND asked this question at a recent White House press briefing:

Does the president support New York Democrat Congressman José Serrano’s House Joint Resolution No. 5… That’s the (repeal) of the 22nd Amendment. Does he support this – because Steny Hoyer in 2006 came out in favor of it – does he support the repeal of the 22nd Amendment?

Gibbs’ response?

This is to serve more – this is for two terms?… I think the president is firmly in support of an amendment that would limit his time in the presidency to eight years if he’s given that awesome responsibility by the American people.

What is Rep. Serrano proposing?

Rep. Jose Serrano, D-N.Y., introduced House Resolution 5 back in January. It proposes “an amendment to the Constitution of the United States to repeal the twenty-second article of amendment, thereby removing the limitation on the number of terms an individual may serve as president.”

There it is, cut and dry. If Serrano succeeds in repealing the Amendment by securing a two-thirds vote of the Senate and House as well as 3/4 of state legislatures, Obama would be allowed to run for an unlimited number of terms. Only the vote of the electorate would be able to remove him.

Does Obama want this?

Hyde Park strongman Franklin van Roosevelt

His staff says one thing, but Obama hints at another. Take the recent coup that threw Honduras President Manuel Zelaya out of office. Zelaya violated his country’s Constitution on numerous counts. President Obama said the following:

We believe that the coup was not legal and that President Zelaya remains the democratically elected president there.

But the interim government in Honduras says otherwise. Roberto Micheletti, who was named to serve out the final seven months of the deposed president’s term, insists that foreign powers do not interfere in their course toward democratic elections – like in Iran . Micheletti claims that Zelaya’s dismissal was legal, voted upon by the Congress of Honduras.

So does Obama favor keeping questionable rulers in office? It doesn’t appear that he’ll be steering American toward strong action against Ahmadinejad for the clearly farcical Iranian election, so perhaps he does. How much of a leap is it to assume that he wouldn’t support repealing the 22nd Amendment? Get your secured loans and cash loans now, because if Obama becomes king, he’ll ban them because they aren’t part of the plan for the world banking establishment (which has been doing so well, by the way)…

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