“Obama can run as Vice President on the Biden-Obama ticket in 2016, but Obama cannot be “elected” for a 3rd term as President.”
Bareback Obama is not eligible to be VP. No one can be VP who is not eligible to be president.
“Bareback Obama is not eligible to be VP. No one can be VP who is not eligible to be president.”
That has not as yet been decided in court, and it’s a toss up as to how the John Roberts Supreme Court would decide it.
There is a point of contention regarding the interpretation of the Twelfth Amendment as it relates to the Twenty-second Amendment, ratified in 1951, which prohibits a person from being “elected” President more than twice.
While it is clear that under the Twelfth Amendment the original constitutional qualifications of age, citizenship, and residency apply to both the President and Vice President, it is unclear whether a two-term president could later serve as Vice President. Some argue that the Twenty-second Amendment and Twelfth Amendment both bar any two-term president from later serving as Vice President as well as from succeeding to the presidency from any point in the United States presidential line of succession.[8] Others contend that the Twelfth Amendment concerns qualification for service, while the Twenty-second Amendment concerns qualifications for election, and thus a former two-term president is still eligible to serve as vice president.[9] The practical applicability of this distinction has not been tested, as no former president has ever sought the vice presidency, and thus the courts have never been required to make a judgment regarding the matter.
https://en.wikipedia.org/wiki/Twelfth_Amendment_to_the_United_States_Constitution