Actually, GK, Ron's correct on this issue. America is a corporatocracy. The military-industrial-complex is controlled by banks and weapons manufacturing companies. Then big media and other large businesses (like the government) become subsidiaries. Like GE manufactures large engines and machine parts for the military, and owns NBC. Or GM is a manufacturer for the military and is also a bank. This system manipulates and persuades the public to elect certain folks, but we are not under military rule.
Military rule would be if we were like Pakistan was and our president was also the top general of the military, and our police were actually military. We don't have military patrolling our streets... yet. But the way finance has wormed its way into the White House making our President a kind of puppet, is close. They way these guys operate is very complicated and ingenious.
Such a fascist future is probably on its way, however. It seems like the Bush-Gore election rigging, the unilateralism in the mid-East policy and stuff like that was a practice round for going full on fascist in the future. But this is not just an American problem. You will see that European multinationals are deeply entwined in this effort. There's a documentary about four European water companies who's plan is to usurp the global fresh water supply. Bolivia was forced to rebel and succeeded, temporarily. The corporatocracy wants everything to be for sale, probably air and sun too.