George Bush opts not to seek third Presidential term

WASHINGTON, D.C. - President Bush announced this week he does not plan to enter the 2008 Presidential race. Citing the need to spend more time with his family, he said he plans to leave office officially in January 2009. Bush said during his speech, "As far as I can tell there's not a single President in history who decided to run for a third term. That's gotta say something about how tough this job is. So I'd say I'm in good company. We're talkin' Lincoln, Reagan, Roosevelt...every one of them was two and out as far as I know. So I have strategorically decided to follow the examples of all of those great men who have held this office before me." In a subsequent press briefing aboard Airforce One Bush commented, "Another important factorization in my decision is I simply don't want to put my family through the rigors of another campaign. The thing people don't realize is when you're out there on the campaign trail you can kiss your vacation time goodbye. Seriously, it's that hard. You literalistically work almost every day." Republican Party officials have declined to comment on the President's decision other than releasing a brief statement in support of the Presidential transition and endorsing the candidacy of John McCain.