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You are of course right, it is both a democracy and a republic. I think what the advocates of "it's a republic, not a democracy" side mean is that the design of our nation was designed to restrain the 'demos'. Everything from the electoral college, to the state legislature electing senators, to the set up of the Supreme Court were designed to prevent the 'people' as a mass from running amok.

The program of the Democrats (Socialism) requires ending many of these checks and balances and empowering the 'demos' to take more control. Including voiding property rigthts. The Democratic hostility to "The Republic" is seen in everything from Hillary's outrage over the electoral college to the Progressives ammendment of the Constitution to directly elect Senators.

It is hard to see how we won't end up where Chavez is eventually.