whats going on in our country now?

hello i am grace. i enjoy watching cnn shows on weekdays especially anderson cooper 360. a big topic in the situtation room and many talk shows recently is obama's leadership. does anyone know what faco is?? i DO. faco is the new bill that President Obama has created. i should say that i am a democrat. i am also a LIBERAL, and proud of it. i wanted Hillary Rodham Clinton to be president of the US of A, not Obama. I did support Obama after because frankly, I had WAY more faith in Obama than McCain. anyway, i am confused about the socialism idea. Many conservatives believe that Obama is spreading socialism across our country. what is this socialism so many conservatives speak of! according to dictionary.com, socialism is a theory or system of social organization that advocates the vesting of the ownership and control of the means of production and distribution, of capital, land, etc., in the community as a whole. from that definition ofcourse you will form your own opinion about it. but i feel what is so wrong with socialism as long as it helps restore our country. it's also true that in previous countries as socialism was attempted those governments may have failed but did they have the same power that we do! doubtful, so i ask what is so wrong with socialism IF indeed president obama is using "ASPECTS" of it to HELP us!