Waffler - As a Brit I would say you are incorrect! England WAS a Monarchy, it became a Republic, and now just like U.S. (I live in Mich.) it is an Democracy - mob rule and your rights can be voted away - with definite leanings toward being a Oligarchy. (Feel free to look that big word up.) It is interesting to note that those countries that have strong central banks seem to lean towards Fascism. Another big word you should look up. (In other words I fully agree with Mark Sand)