
I think there are several factors why this won't happen, even though it's a possibility, as there would be several lawsuits alleging that Bill cannot run because he was already president. Many people aren't aware of the legal interpretations.
I do not believe in term limits. Limit terms by democratic means. For example, Governor Brown was denied a third term and Mayor Yorty was denied a fourth term by the voters. Term limitation means that the voters are not qualified to determine when to re-elect an incumbent or to defeat one. If this is true, then why have any democracy or any election? If voters cannot be trusted on this issue, then they cannot be trusted on any issue.
You raise a valid point. A very valid point.
I'd like to say that the spirit of term limits is to prevent a monarchy-like rule. Yet, if the voters want someone to stay in office a long time, then so be it, right?
It would make sense, if the public speaks to maintain the status quo, and the public continues to vote that way, then that is true democracy. Philosophically, I see nothing wrong with that.
I think the other issue, though, is trusting the politician. Can we trust the politician to not take advantage of a system with no term-limits?
What are your thoughts on that?
I would say that it is not an easy thing for a politician to take advantage of a system with no term-limits. For example, former President Ulysses Simpson Grant ran for a third term in 1880 and was the front runner for the Republican presidential nomination. This was after two terms of the most corrupt administration in United States history up to that time. He led on the first ballot and secured every single Stalwart vote. However, he failed to secure the votes of the Half-Breeds and the Reformers. The convention deadlocked and Grant lost to a dark-horse compromise candidate.
Former President Theodore Roosevelt also ran for a third term. However, the Progressives were divided between him and Robert LaFollette. The conservatives were united behind a single candidate, William Howard Taft, who won the Republican presidential nomination. Teddy then ran as a third-party candidate on the Progressive Party ticket. This time, he divided the Republican vote between himself and Taft. The Democrats were united behind a single candidate, Woodrow Wilson, who won the election.