If Obamas corporate welfare qualifies as "socialism" the GOP has a problem, because every Republican from Ulysses Grant to Ronald Reagan was up their necks in "socialism." In terms of nationalizing and/or controlling any industries, the closest Obama came was when he had the feds buy up enough GM stock to keep the company from declaring bankruptcy, but even that is temporary (GM has already bought back over half that stock, though it seems a $35 billion retirement fund shortfall will probably prevent additional repurchases in the near future.) More significantly, as with the bank bailouts, a primary criticism of that free tax payer money was that it was not accompanied by any government oversight or management of businesses managed so badly they not only bankrupted themselvs, but much of the planet along with them. In other words, even in the ONE company (not industry) where the government took controlling interest it was only as a silent partner that had no management role, and even that controlling interest no longer exists (though the feds do still have 27% of GM stock.)