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Read the 12th Amendment.

Even better, I'll read it to you. Here's the important part: "But no person constitutionally eligible to the office of President shall be eligible to that of Vice-President of the United States". It doesn't help your argument.

There's a difference between being eligible to BECOME President and being eligible to RUN FOR President. The 22nd Amendment makes Clinton ineligible to RUN FOR President ("No person shall be elected to the office of the President more than twice . . .".) Unless he loses his citizenship, though, he still meets the Constitutional requirements to BECOME President (Art. II, Sec. 1: "No person except a natural born Citizen, or a Citizen of the United States, at the time of the adoption of this Constitution, shall be eligible to the Office of President; neither shall any Person be eligible to that Office who shall not have attained to the Age of thirty five Years, and been fourteen Years a Resident within the United States.") Because he's still Constitutionally eligible to BECOME President, he's still Constitutionally eligible to RUN FOR Vice President.

"Are ya thick, mon?" The 12th and 22nd Amendments are PART OF THE CONSTITUTION. And the Constitution's text states that all amendments become part of the base Constitution as if they had been written in at the beginning.
It is absolutely irrelevant that Billyjeff Clinton or anyone else meets the requirements to be President that were laid down in the Constitution in 1787. Anyone who does not now meet the requirements of the 12th and 22nd Amendments also, cannot run for President, and also, CANNOT RUN FOR VICE PRESIDENT.
The idea is unconstitutional on its face, from the plain text of the WHOLE Constitution -- and that includes all of the Amendments. Anyone can manufacture an argument by conveniently leaving out some of the language in the WHOLE Constitution. The lamestream media does that all the time.
But FReepers are supposed to be better than that. FReepers are supposed to do their homework, and put up rational posts. I repeat, from the movie, "Waking Ned Devine," "Are ya thick. mon?"

Congressman Billybob

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Because he's still Constitutionally eligible to BECOME President, he's still Constitutionally eligible to RUN FOR Vice President.

You're getting caught-up in bizarre semantic thickets.

Ineligible means can't run, can't assume, can't hold.

He cannot hold the office again (nor that of VP), because the Constitution says one cannot hold more than two terms in the office.

What are you missing?