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The Wisconsin recall election was the first major test of the new era in American politics. That new era began in January of 2010 when the US Supreme Court ruled in Citizens United v. FEC that the political voice of We The People was no longer as important as the voices of billionaires and transnational corporations. Now we know the result, and it bodes ill for both 2012 and for the tattered future of small-d democracy in our republic. A few of America's most notorious oligarchs - including the Koch and the DeVos (Amway fortune) billionaires - as well as untraceable millions from donors who could as easily be Chinese government-run corporations as giant "American" companies who do most of their business and keep most of their profits outside the US - apparently played big in this election. I say "apparently" because the Supreme Court has ruled that we no longer have the right to know who is really funding our election commercials, or even our candidates themselves. Thanks to an irrational and likely illegal Supreme Court ruling, we have moved into an era of oligarch-run politics. As much as $40 million of our oligarch's money was spent in Wisconsin in a handful of local races - a testing laboratory for strategies that will now be used against Democrats nationwide in 2012. And so now we enter the battle of the oligarchs over the next fifteen or so months. As the old saying goes, when the elephants fight, the mice get trampled. In this case, the mice aren't just the voters. It's democracy itself. America is now - demonstrably, as proven by Wisconsin - just a few years away from the possibility of a totally corrupted, totally billionaire- and corporate-controlled political system. Political scientists call it oligarchy. The Citizens United election experiment is over, and the oligarchs won. Long live the oligarchy.

Economics: I'm going to discuss trillions of dollars in a moment. As an economics teacher, I understand numbers this large are extremely difficult to imagine. If you are among the majority with this difficulty, I recommend that you follow the expert testimony that paints the picture, and know that success in this area of public education transformation that unleashes trillions of our dollars for human creative capacity in unimaginable power is sufficient to end the current economic crisis. This is the longest section of my briefing. If you tire in reading, please consider that at trillions of dollars of annual public benefits, you literally have nothing more valuable to do than understand the following facts and ideas. Harvard's Linda Bilmes co-authored a paper with Nobel Prize winner Joseph Stiglitz estimating the long-term costs of current US wars at now $3 to $5 trillion ($30-$50,000 per US household of $50,000/year income), with total debt increase since 2001 of over $10 trillion. Remember, as demonstrated by the evidence disclosed by our own government, all the reasons Americans were told to go to war were known to be lies as they were told and applicable law proves these wars Orwellian unlawful. Just down the Charles River from Harvard, MIT's Simon Johnson (and former Chief Economist of the International Monetary Fund) describes our economy being lead by gambling oligarchs who have captured government as in banana republics (his words), and might plunge the US into an economy worse than the Great Depression. From his article under the telling title, The Quiet Coup: "Elite business interests-financiers, in the case of the U.S.-played a central role in creating the crisis, making ever-larger gambles, with the implicit backing of the government, until the inevitable collapse. More alarming, they are now using their influence to prevent precisely the sorts of reforms that are needed, and fast, to pull the economy out of its nosedive. The govern

PART 2 of Threats to Freedom Series: Mechanization Makes it Logical for World's Oligarchs to Compete in Providing Industrial Output and Welfare

"You can't sustain a democracy in an oligarchic state. The writers on Athenian democracy understood that 2000 years ago," says Chris Hedges, whose new book The World As It Is: Dispatches on the Myth of Human Progress explores the problems of a crumbling empire, inside and out. Chris joins Laura in studio for a conversation about the death of Bin Laden and the continuing concern over terrorism, the end of empathy in the U.S., and what avenues are left for progressives to fight back.  "The elites are not going to help us," he warns, "We're going to have to help ourselves."