Nice commentary on the Lex stops being President becasue... well, because he suddenly went completely batshit insane and started frothing at the mouth ranting when on live television.
I still like the JLU line, where Luthor reveals his plan to run for president plan was entirely fake because "Why would I want the job? Do you have any idea how much power and infulence I'd have to GIVE UP if I were to become President?"
The notion that President of the USA is too limiting and underpowered a position for Lex amuses me no end! :)