Yes - I imagine the cost of security for an elected president and his hangers-on is pretty alarming, too. I wonder how much the American President's security costs. Billions of $$$, I guess.
What I object to really, is not so much a Head of State, by inheritance - although I do rather question the need for such any such position - but the thought that "ordinary" folk should grovel and defer to other people simply because of those people's accident of birth.
Why should I bow, or address them as "Your Majesty", "Your Royal Highness", "Your Lordship", et al, thus indicating and accepting a lower status, just because of whom their progenitors were?
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