“The idea that President Barack Obama is a socialist is popular among many conservatives; all of us have seen automobiles sporting the bumper sticker reading, Don’t Blame Me; I Didn’t Vote For the Socialist — obviously referring to Obama. Not so fast, says, of all people, Ron Paul (R-Texas). ”
“Addressing the Southern Republican Leadership Conference during its third day, Dr. Paul told the audience, “The question has been raised about whether or not our president is a socialist…. I am sure there are some people here who believe it. But in the technical sense, in the economic definition of a what a socialist is, no, he’s not a socialist.”
Dr. Paul continued, “He’s a corporatist. And unfortunately we have corporatists inside the Republican party and that means you take care of corporations and corporations take over and run the country.”
Steven Yates takes an in-depth look at Corporatism and who loves it @ http://www.thenewamerican.com/index.php/economy/commentary-mainmenu-43/3303-ron-paul-obama-is-another-corporatist-not-a-socialist