Definitely not. Socialism is socialism and any form of it is pure evil and detremental to human existance.
I don't think we should of bailed ours out, but we definitely should not socialize them. We should of stopped and still need to stop debt spending. We never should of allowed or endorced an economy build on credit spending. We should not of allowed such monsters to build at the cost of competition in the market.
We have become a nation of shortsighted greedy people who elect politicians that pander to our greed. Way too many people in our country have been seduced by the Marxian herd into joining that herd and feeding at the public trough. Any herd is nothing but a prey rich enviroment for any predator that comes along. Many Americans chose to become the prey instead of the predator and now they want to bitch about the fact that predators are feeding on them. We want to control the predators amoungst us by insisting they join the herd. No herd can control predators, only competing packs of predators can balance others out, herds are just dumb prey deserving of predation. The Marxian herd helped to merge the predator packs and they became stronger and more dangerous instead of embrassing the competition between packs and everything got out of balance. Surprise, surprise.