My highschool age kids have heard this and give it some credit, and so does their mother to some extent.
Put yourself in their shoes. When you were 18 the thought of the draft could be pretty scary.
This is, as earlier posters have said, DNC disinformation of the worst kind, but it's effective, unfortunately.
Kind of like the phone calls to seniors saying that Bush will chop their social security. Maybe they don't believe it, maybe they're confused, but it IS pretty scary.
The Democrats are scum.
This has been a democrat scare tactic for a little while. If you noticed, a lot of the protesters in NYC were carrying anti-draft signs. A year or so ago, Bush was hugely popular in the 18-25 demographic, much to the Dems dismay. Suddenly, "mandatory draft" was being bantered around (mostly by liberal dems). Unfortunately, it seems to have worked a bit.
This was essentially killed in committee.
See my post #21 on this thread, Rangel isn't even trying to hide the fact that he is making a political statement by proposing this mandatory draft. Both bills are admittedly DOA.