In a National Press Club appearance this summer, Gilbert expanded on his theory, claiming that Obama and strategist David Axelrod were both “red diaper babies,” born of communist parents to carry on the cause; that Obama is pursuing Davis’s “dreams of a forced imposition of a classic Stalinist-Marxist agenda upon America at home and abroad”; and that Obama worked with ACORN to cause the subprime mortgage crisis as part of a plan to “use minorities and the poor to collapse capitalism.”