Possibly. Or foolishness based on economic factors by the democratic supporters, depending on where the money leads. That could be true in either case.
The GOP supporters believe Obama will destroy the country form the inside, one way or another. Be it by taking away freedoms. Introducing mass socialism to the country (they read it as Commumism, which upsets them since they fought against that from the 1940s to the 1990s directly, and from the 1920s on some levels), and by allowing foreigner to take over the country (Muslims in particular due to current levels of paranoia and the President's past). They seem to feel something is coming and it will break the country. Though they seem certain it won't be their fault...but something else (what was the really old 1800's phrase? ah of course: "The Darkies will cause a ruckus if that one gets a second terms and it won't end 'til the nation is in flames". Sort of "
Birth of a Nation" kind of thing).
Democratic supporters believe Romney will be an idiot and either push the button, or allow someone to push the button for him. (or just get the country into a large scale war that will leave the country broken and ripe for picking apart from the outside).