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Karl Marx's quote cannot really be applied to Obama as he isn't aiming to turn the country into a communist state.

And yes, some of Obamas ideas do have socialist tendancies, his healthcare plan is the biggest one. But in my opinion a bit of socialism is nessecary, I think a state based on pure capitalism would be a truly evil place indeed. Capitalism to keep people reaching for the top, socialism to keep them falling off the bottom - you need a mixture of both in my opinion.

 

Edit:@Viper. Can you post some proof that Freddie and Fannie were controlled by the govt pre-crisis? I'm useless at finding this stuff online and I'm interested to find this stuff out =P