This reminds me of the ill-fated regime of Salvador Allende of Chile in the early 1970’s before Pinochet overthrew him.
I do not certainly advocate a military takeover in America but let me put it this way—in the history of the world more regime changes have taken place through coups than any other reason. And if I were a leader with socialist intentions I would rather piss off the regular folks than take on the military. while the former may be cowed into submission the latter have been taught never to acquiesce, but instead to fight to the finish.
Fortunately for Obama democracy is held in high regard in America and military action against the government would not be countenanced even by conservatives.