Relatively ancient and inactive
So you're admitting that Obama is socialist? Even though he claims that he isn't?
Americans are stupid. Thus, someone going around as a socialist couldn't win an election. Obama isn't socialist, but he's more socialist than McCain. I'm sorry, but I thought you were trying to convince someone that Obama isn't perfect. I agree. He isn't. Needs moar socialism. And, I wasn't claiming that Obama is socialist. You were. I simply showed how even if he is, that's a good thing.
Then saying that Denmark was socialist is irrelevant.
Let's not forget, Denmark is a small country.
The happiest country is socialist.
The capitalistic countries are going through economic breakdowns. (Unlike Iceland, Bulgaria and Ukraine, Denmark's phine). And you're saying socialism is bad. Well, whatever you'd like to think. How size matters, I'll never know. Bigger country, bigger government. No other change.
Who caused the current mortgage and credit crisis? Fannie Mae and Freddie Mac did by buying risky loans. Since the banks knew that Fannie and Freddie would buy risky loans up from them, they kept giving out risky loans. Eventually the bubble crashed, and we have our current situation. Who are Fannie and Freddie? Oh, they're federal entities masquerading as private companies. If anything, government intervention caused the problem. It isn't the solution, despite socialist beliefs. It's a lie to say America is a laissez-faire economy.
How the fact that they're partially government-owned is relevant, I'll never know. Government intervention comes in many forms, either way. Just because one way is bad, doesn't mean they all are.
Look at Denmark. They have a population of 5.5 million people, the happiest, and yearly defense budget of 3.903 billion USD. If you keep that people/defense budget ratio, at the US's population, 300 million, the defense budget would be $212 billion USD. No, it's not as good as the US's 700 billion.. but the US hasn't really been invaded in 200 years, there hasn't been a World War in the Americas, and the US has far more natural resources than Denmark. Plus, the US got a big economic boom during WWII due to increased demand - at the end of WWII, Denmark wasn't in nearly as great relative shape as the US was. Stop whining about Pearl Harbor already (@thosewhocelebratePearlHarbordayorwhateveryoucallit).
Now, tell me... How has a semi-socialism failed this country?
None.