For the last time, Obama is NOT a Socialist. Not even the Socialist Party of America believes that he is one.
Palin's more Socialist than Obama. She even said in an interview "we’re set up, unlike other states in the union, where it’s collectively Alaskans own the resources. So we share in the wealth when the development of these resources occurs.” http://liberalvaluesblog.com/?p=5507
What we hear is Conservative propoganda. Plus it's not like Clinton and Bush didn't both push us to nationalising our banks which is much more Socialist than anything.