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While political commentators analyze every twist in White House politics, while citizens follow dramatic stories of leaks, investigations and indictments, the one person who does not have to care is George W. Bush. In a sense, he has transcended the risks and rewards of American politics. He will not run again for office. The voters will not be able to thank him - or dump him.
And yet accountability to the people is at the heart of a democratic system.
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While George Washington limited himself to two terms, it had never been his intention to create a precedent. Washington didn't want to die in office and have the succession appear "monarchical." But his primary reason for retiring was simply that after a lifetime of public service, he was bone-tired, desperate to return to the tranquillity of Mount Vernon.
Washington's close confidant Alexander Hamilton also had firmly opposed presidential term limits. In Federalist No. 72, Hamilton argued that term limits for the chief executive would diminish inducements to good behavior, discourage presidents from undertaking bold new projects, deny the nation the advantage of his experience and threaten political stability. For his part, Washington added that term limits would exclude from the presidency a man whose leadership might be essential in a time of emergency.