Well, it is a fact that General Franco appointed the king as his succesor, and it is also a fact that he was, therefore, endowed with full powers when this asymmetrical (2 metropolis, 15 colonies) Constitution was written down.
Furthermore, I must let you know that in Spain there are strict laws against slandering the crown.
Good thing I’m not in Spain then huh? I’ll bet Bush wishes he had that sort of law at his disposal.
Anyway, I figured from his dealings with Chavez, that “Porque no te callas” might be his reply to your question. ;)