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

To: regli who wrote (41558)	9/14/2005 7:33:15 PM
From: Oblomov	Read Replies (3) \| Respond to of 110194

>>However, a country can be a republic and democracy at the same time. I agree with the sentiment, but I think it's more precise to say that a system of government can have republican and democratic elements at the same time. Which is the case of the US. Certainly I believe, as Jefferson did, that rule is legitimate only if by consent of the governed. So we have democratic institutions such as elections, but a triumvirate republican government that prevents the passionate ups and downs that a democracy would experience. Such as: bartleby.com Also, note that Article IV of the Constitution says that each state has to be a republic, too.