The Republican candidates, who began announcing their intents to run as early as 2013, are a mix of extreme right conservatives, fiscal conservatives looking to roll back the taxes Obama raised on the wealthiest Americans and cut social welfare programs, and defense hawks who wish the Obama administration had not "abandoned" Iraq, which continues to struggle with occasional insurgent violence, though no worse than what is seen day-to-day in Jerusalem.
One-term Alaskan Senator Sarah Palin has mounted a campaign to restore America's "strong moral foundation." Governor Bobby Jindal is rallying younger voters in the Republican party the way Obama did for Democrats in 2008. Mike Huckabee threatens to capture the conservative vote that Palin seeks, and his temperament and higher likability are more appealing to even the moderates in the party.
Mayor Michael Bloomberg, having served longer consecutive terms as mayor of Manhattan than anyone, has thrown his hat into the race as an Independent, and has garnered support early from Wall Street and business tycoons as well as moderate Republicans.
Who will the Democrats run?
Rahm Emanuel, former Illinois congressman and White House Chief-of-Staff for President Obama, has strengthened his already impeccable record of "getting things done." As potentially the first viable Jewish candidate for the presidency, Democrats see his candidacy as a chance to keep things moving along swimmingly, avoiding any massive transitions in government that may throw the economy for a loop.
Now serving her second term in the Senate, Senator Kay Hagan who defeated Elizabeth Dole handily in 2008 has helped Democrats keep North Carolina blue. She has served on numerous Senate committees and enjoys popularity among a wide range of demographics. Her speech at the 2012 convention about religions coinciding peacefully was compared to Barack Obama's unity speech in 2004.
Senator Hillary Clinton has not announced her candidacy, but having been appointed to the Supreme Court in 2011, it's a safe bet that she will not.
Virginia Governor Tim Kaine has announced his candidacy, and his childhood roots in Minnesota and Missouri have helped make him a nationally viable choice.
Who do you think will join this elite race?