There is a second companion tin-foil-hat hoax that goes with this garbage, the "FEMA Camps", where I suppose these Obama Red Guards will be placing all the Limbaughians. This is all coming from Glenn Beck, who specializes in energizing the paranoid crowd. A simple trip to FactCheck.org shows:

http://www.factcheck.org/askfactcheck/is_obama_planning_a_gestapo-like_civilian_national.html

I dare anyone to find one of the foaming-at-the-mouth freepers or other right wing blog that shows the speech in it's entirety, which any moron could read and figure out he's talking about Americorps and civilian diplomats, you won't, they all take the easiest way to fool a moron by quoting Obama out of context and then supplying their own sinister meaning to it. Read the factcheck article for the entire context of the remark. Then again, I am sure they are just commies who are part of the conspiracy, since they think Obama was born in Hawaii as well.