[Comrade]

I've made this arguement before :)

Aristocracy. When most people hear this term, they think of the modern use of aristocracy (i.e. the nobility). Aristos means Best, and Cracy means government or rule (by) in Greek.
Rule by the Best = Aristocracy
That is what we could easily have, with quality candidates. We choose the best people to lead us with some big concessions, such as a year limit before they come under review, known as re-election.

It was arrogant rich European nobles who said, "Well, we are the best aren't we? That makes us the aristocratic class," changing the meaning of the word in modern context.

Democracy, originally being the "town hall" type of government, was rightly concluded to be an awful way to run things, because it let the heat of the moment by the uneducated masses and people with stupid opinions make rash decisions, which is why I'm glad we have elected officials instead of a town hall system. Look at Athenian history.

Samsara, we would be an oligarchy if we couldn't remove our officials ever. An oligarchy is a dictatorship where power is shared by a small group of people.
Liberals would have you believe otherwise, but Bush isn't a fascist dictator, and neither is Congress a group of dictators, simply because the only threat to their job security isn't the armed populace (meaning, revolution would be the only way to remove them).
And, of course, the spirit of America government is fundamentally different anyways.