Shootinstudent, I don't think too many on this forum would argue your point about the bailout. Nor would many deny that our country long ago embraced socialism, from the New Deal to the Great Society to federal aid to local schools.
What many find shocking about these Obama revelations is that he appears to have embraced--and perhaps still does--socialism in its entirety. One could argue that this is no more than the "boil the frog" analogy, but there's still the concern that Obama could move this country more quickly toward real socialism than the public is ready to accept, to the extent the public realizes how socialist our country has become.
If this were not an issue, the Obama campaign would not be screaming about it. The interview, coming on the heels of Biden's interview, is throwing the campaign off balance in its stroll to victory.