Rep. Pete Sessions (R-TX) extends the “Obama is a Commie” meme by claiming that Obama’s aim is to “kill” capitalism:

In an interview, Mr. Sessions cited rising unemployment in asserting that the administration intended to “diminish employment and diminish stock prices” as part of a “divide and conquer” strategy to consolidate power.

Mr. Sessions, in his seventh term, said Mr. Obama’s agenda was “intended to inflict damage and hardship on the free enterprise system, if not to kill it.” By next fall, he predicted, voters may regain appreciation for the era of Republican governance when “many dreams were achieved,” the size of the economy doubled and employment and financial markets hit record levels.

I mean, reasonable people have different opinions on Obama’s economic agenda, but only the truly wingnuttiest loons actually think that Obama harbors a secret, malevolent desire to actually kill off capitalism. Someone tell me again why people aren’t taking the GOP very seriously right now?