Originally Posted by
Macca
Cost is £132 million which is small feed in the scheme of things and there's no reason to think a Presidency would be any cheaper.
Plus no tourists are going to come to see the President or the Presidential Palace.
As long as noblesse oblige is maintained I can't see the issue, really. When was the last 'bad' king? Maybe George III? Even that's debatable.
With an elected president you could end up with some right muppet. In fact you probably would, every single time. Some dozy politician that's been put out to grass. Would cheapen the whole country.