In a move that has stunned America, President Barack Obama has announced that he will not compete in November's Presidential election for a second term as leader of the free world, claiming he has better things to do with his time.
Instead, he is launching a music career and will join forces with former US President Jimmy Carter to form an R&B duo called '4 1 Term Only'.
Many political analysts believed that President Obama stood a good chance of securing four more years given the appalling standard of the GOP candidates. Despite this, President Obama is throwing in the towel.
President Obama had this to say about his historic decision, "You know, being President is not much fun. I was led to believe that I would at least get the chance to behave inappropriately with my young female interns. It hasn't worked out that way, it's very disappointing. Also, it is interfering with my golf. The money I save from not campaigning will be used to fund my own new private golf course and also to finance the production of my new single with President Carter."
President Obama continued, "My wife Michelle is an awesome drummer and will be coming on the road with us. She will also manage the group. I can reveal that our first song will be an R&B re-working of Alice Cooper's classic 'I Wanna Be Elected'. Our version will be called 'I Don't Wanna Be Re-Elected'.
Rumours have already began as to who will be the Democrat's candidate. Early front runners are, Jesse Ventura, Ace Ventura (pet detective) and Screech off of 'Saved By The Bell'.
The likes of Rush Limbaugh and Sean Hannity are sure to be delighted at the news. Unfortunately neither of them were available for comment. Limbaugh is believed to be on a conscience finding course and Hannity, Fox News' chief paranoia and scaremongering correspondent, is believed to be hiding from the Muslim Brotherhood in his mother's basement.