The System of the United States of America
Well, since we already had a long debate in the Communism & Dictatorship Thread that didn't turn out a clear solution, I will just start this Thread so we do not further derail the one about Communism.
The Question is this: What is the System of the US best described as. The two major opinions were that is is either a Federal Republic (obviously with democratic tradition) or a Federal Republic but at the same time a Democracy. This Thread is obviously not limited to those two views so please, if you think it is a monarchy, tell us why.