It was rumored that there would be an attempt to revoke the 22nd Amendment to the Constitution so that Obama could be elected to a third term. After all, he is the One, but it would be better if he could get elected for a third term rather than having to do something controversial such as declaring himself President for Life. It probably won't be enacted, but the amendment has been submitted. I got this from the blog "Ace of Spades:"

Mr. SERRANO introduced the following joint resolution; which was referred to the Committee on the Judiciary

JOINT RESOLUTION

Proposing 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.

Resolved by the Senate and House of Representatives of the United States of America in Congress assembled (two-thirds of each House concurring therein), That the following article is proposed as an amendment to the Constitution of the United States, which shall be valid to all intents and purposes as part of the Constitution when ratified by the legislatures of three-fourths of the several States within seven years after the date of its submission for ratification:

‘Article--

‘The twenty-second article of amendment to the Constitution of the United States is hereby repealed.’