Actually, the 'black and red' symbolizes the 'labor radical syndicalist' movement.. This is 0bama's ideology and that's why ALL of the 0bama's family wore black/red at his 2009 Inauguration party. A MAJOR signaling as to what he had/has in store for America.
A 'radical syndicalism' of the type where labor unions control all:
http://en.wikipedia.org/wiki/Syndicalism"