Heard it loud and clear on Rush's show about 5-10 minutes ago:
He preaches socialism.... He preaches racism.
Rush had previously made the more familiar argument--as have Bill Clinton and Rick Davis, among others--that the Obama team has "played the race card" against their critics. But this formulation, whether careless or malevolent, took it a big rhetorical step farther.
Apart from being simply nuts, that feels dangerously close to incitement, no?