Dictator Obama? NY Congressmen Introduces Bill to Eliminate Term Limits for US President

obamaAccording to Congress.gov, on Friday NY Congressman Jose Serrano introduced HJ Res 15, which proposes an amendment to the Constitution to repeal term limits for the office of President of the United States.
While such an amendment is highly unlikely to successfully pass the Republican House, the US is slipping closer to full-fledged banana republic status by the day. 

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H.J.Res.15 – Proposing an amendment to the Constitution of the United States to repeal the twenty-second article of amendment, thereby removing the limitation on the number of terms an individual may serve as President.113th Congress (2013-2014)
Overview: House Joint Resolution
Sponsor: Rep. Serrano, Jose E. [D-NY-15] (Introduced 01/04/2013)
Cosponsors: 0
Latest Action: 01/04/2013 Referred to the House Committee on the Judiciary.
Major Recorded Votes: There are no Roll Call votes for this bill