There is a difference
There is a difference
Actually, he's closer to a Fascist in that he allows for private ownership of business while under ultimate government control. But I'm sure that's soon to change...
Obama does seem to be heavily influenced by Marx (whether, or not he's actually aware of that fact) — and he certainly has a corporatist (Fascist) side. There are some distinctive features of Obama’s flavour of socialism: the racial overtones, the admixture of Marxism, Fascism, National Socialism (with “race” standing in for nationalism), and plain old populism; and eco-socialism come to mind.
Just as we have “Marxism-Leninism”; Stalinism; Maoism; etc. — it seems to me that Obama’s brand of socialism deserves its own label: “Obamamism”. We'll see if it requires any hyphenated modifiers.