George W. Bush began the movement toward Socialism
"According to the banner on the cover of Newsweek,"We Are All Socialists Now." The America of 2009 is moving toward a modern European state.
The authors, Jon Meacham and Evan Thomas, believe that the transition actually started under a conservative Republican administration, which nationalized the banking and mortgage industry. George W. Bush began the movement toward Socialism when he and the Democratic controlled Congress used $700 billion dollars to bail out the banking industry.
President Bush signs historic $700 billion plan aimed at stemming credit crisis.
http://money.cnn.com/2008/10/03/news/economy/house_friday_bailout/index.htm
It really doesn't matter who's in office now does it. The failure of conservative ideology will force more govt. intervention to keep our society alive.