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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Oblomov who wrote (41556)	9/14/2005 7:22:55 PM
From: regli	Read Replies (1) \| Respond to of 110194

OT "In a broad definition a republic is a state or country that is led by people who do not base their political power on any principle beyond the control of the people living in that state or country." en.wikipedia.org However, a country can be a republic and democracy at the same time. Otherwise, despite many other serious blunders, why would the president as the head of state of a republic make such a statement in a prepared speech? "The roots of our democracy can be traced to England, and to its Parliament -- and so can the roots of this organization. In June of 1982, President Ronald Reagan spoke at Westminster Palace and declared, the turning point had arrived in history. He argued that Soviet communism had failed, precisely because it did not respect its own people -- their creativity, their genius and their rights. " whitehouse.gov