[Popman]

True, President Obama isn't a socialist, he's a Marxist

There is a difference

[bcsco]

True, President Obama isn't a socialist, he's a Marxist

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...

[USFRIENDINVICTORIA]

There are many flavours of socialism.

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.