I actually find it an amusing thought [must be that, like most Spaniards, I am a JuanCarlist republican], especially with term limits. After 8 years as President, the "King" would have to retire as an "elder statesman" and make room for his wife, siblings, cousins, children... Plus, there would be an alternance of royalist and republican presidents.

A society committed to the notion that government is always bad will have bad government. And it doesn't have to be that way. — Paul Krugman