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Its easy to come up with a conspiracy theory when the whole story is not clear. See.

Before being elected, the occupier of the office promised to fundamentally transform the United States. Throughout his first term he presided over federal expansion through federal regulations from various federal agencies, and one of the largest accruals of national debt. He also allowed a law that gives power to the executive branch to declare martial law without there being a state of emergency that would require it and that allows U.S. citizens to be detained indefinitely without trial, and set up “FEMA camps” to possibly detain citizens. Currently he is working to disarm the American people and supposedly weeding out U.S. military commanders who are unwilling to use lethal force against the public.

Conspiracy theory: Martial law will be declared after the American people are either disarmed or in a position that would make it feasible for the government to confiscate modern weapons, using impending economic collapse as an excuse. This economic collapse has been created and perpetuated by the governing parties. Any vocal leaders of resistance groups will be arrested and detained indefinitely as “domestic terrorists” and military force will be used against any assembly of citizens in open resistance as they will be considered enemies of the state and a threat to the common good.

Conclusion: Totalitarian regime, tyranny. The government will “cleanse” the country of any writings on the founding principles and work to “re-educate” the people. Liberty will be sold by citizens for more and more government “assistance” as a crippled nation suckles the withered teat of a fallen republic.

Made it all up. Could it happen? Sure. Would the American people allow it to happen? I hope not. Are there really plans to make it happen?
I’m going to take of the tin-foil now.

(This is actually a copy paste from another forum, I could not have said it any better and reflects my thoughts precisely)