Biden bowed out because he knew he could not win, even with Obama


In his first interview since announcing last week that he would not run, Biden told "60 Minutes" that it was not because he had too little time to get a campaign up and running.

Vice President Joe Biden said the reason he decided not to run for president was simple - he could not win.

Even with Obama’s campaign donation system behind him bringing in millions of dollars and likely Obama campaigning with him across the nation.  The olds are still very unlikely.

Biden calculated the olds and knew that it was very unlikely that he or any Democrat for that matter will win the 2016 Presidential Election.

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