"What's a little matter like the Constitution among friends?"

The Emoluments Clause.

It's strange the way we feel we can ignore -- or massage away -- words of the Constitution that don't seem to serve the purpose for which they were written.

But since it is the way we are, I would like to encourage Arnold Schwarzenegger to run for President.

AND: Lawprof Larry Tribe is giving massages over here:

My recent book, "The Invisible Constitution" (Oxford University Press 2008), argues that much of what we both do and should regard as the United States Constitution is neither expressed by, nor plausibly inferable from, the document's text. The book develops six models -- geometric, geodesic, global, geological, gravitational, and gyroscopic....