Same man who nationalized FNMA? Student loans? Health care? He is not a "socialist"? Ha. Hilarious and very misinformed. This his hilarious that anyone defends that decrepit political system called socialism and any of its numerous variants. It is the opposite of freedom. Isn't that enough to know? It is theft, plain and simple, with power concentrated in the hands of a very elite few (in the hands of an even smaller group than the richest in capitalism). Please read history. Nowhere has socialism "done well", and to the extent it exists here in the US (has unfortunately for a long time), it shouldn't. And we are worse off for it. Also, big banks, and central banks, THRIVE in socialist states, because there is "one stop shopping" for all their corrupt desires and changes in law; they just have a tiny group if elites to bribe and boo, they get their way. Much easier for them than having to, say, compete against other banks in a free market system. Look up what the Rothschields (big bankers) did for Vladimir Lenin, for example. They supported his revolution with big money bc they wanted exclusive access to Russia and the Czar kept refusing to give them access.