Definition of socialism
Socialism refers to the goal of a socio-economic system in which property and the distribution of wealth are subject to control by the community.[1] This control may be either direct—
exercised through popular collectives such as workers' councils—or indirect—exercised on behalf of the people by the state. As an economic system, socialism is often characterized by collective ownership of the means of production, goals which have been attributed to, and claimed by, a number of political parties and governments throughout history, due to this, socialism has been identified with communism mainly because the distribution of wealth is controlled as a whole and not individually.
Some socialists have championed the complete nationalization of the means of production, while social democrats have proposed selective nationalization of key industries within the framework of mixed economies.
http://en.wikipedia.org/wiki/Socialism
Some of Obama's plans
Labor
Obama will strengthen the ability of workers to organize unions. He will fight for passage of the Employee Free Choice Act. Obama will ensure that his labor appointees support workers' rights and will work to ban the permanent replacement of striking workers. Obama will also increase the minimum wage and index it to inflation to ensure it rises every year.
Create Fund to Help Homeowners Avoid Foreclosures: Obama will create a fund to help people refinance their mortgages and provide comprehensive supports to innocent homeowners. The fund will be partially paid for by Obama's increased penalties on lenders who act irresponsibly and commit fraud.
Obama plans on acting like the collective and enforcing rules upon the system that he decides. In a free market economy, the market dictates what can be charged, anything that messes with that system causes it to fail. Look at France for a prime example of socialism fucking a country up.
I don't hate Obama, I hate socialists (and Lawyers)
