Yes, the amendment says ELECTED. But look at it this way. If the President dies a week into his first term the VP takes over. If the now President is successful in being elected President in 4 years he can NOT run for president again. Even though he has been ELECTED only once. Not sure of what the particular time frame is, but serving a portion of an unfinished term greater than a certain length qualifiys as 2 full terms and therefor one can not run for a 3rd term. Even though they have only been ELECTED once.
The way I see it, the only way that X-42(i) could ever again BE President is thru a Line Of Succession scenario. He could, for example, be elected to the US House, and in the most wildly-improbable circumstance, be chosen as Speaker of the House. THEN, if the then-President AND Vice-President were to assume room temp, THEN X-42(i) could ascend and hold the office for its remaining term. But he could not run to succeed himself.
He most certainly cannot RUN for President again, and since he's ineligible to run for Prez, he couldn't run for Vice-Prez. BUT he could come up in the Line Of Succession. The chances of his doing so, however, verge upon the mathematically impossible. The easiest route would be House Speaker, but that takes the votes of a majority of the members of the majority party. Anyone in Congress who votes for Willy for Speaker just term-limited himself to zero. In other words, it's mathematically possible but politically unthinkable.
Michael
Yes, the amendment says ELECTED. But look at it this way. If the President dies a week into his first term the VP takes over. If the now President is successful in being elected President in 4 years he can NOT run for president again. Even though he has been ELECTED only once. Not sure of what the particular time frame is, but serving a portion of an unfinished term greater than a certain length qualifiys as 2 full terms and therefor one can not run for a 3rd term. Even though they have only been ELECTED once. I agree with the point you're making. In addition to the part I've been regularly quoting, the 22nd Amendment provides that "no person who has held the office of President, or acted as President, for more than two years of a term to which some other person was elected President shall be elected to the office of the President more than once." (I didn't bother quoting the latter part because it didn't apply to Clinton.)
But I don't see how that counters the point that I've been making, which is what your "But look at it this way" suggests. Am I missing something?