Wow, I just clued in to the extent of the rhetorical use of "socialized" in American politics.
It's actually "regulated" banks and "universal" or "national" health care. But whatever; I get your point.
It's interesting to see, too, that Prime Minister Harper (a conservative) has been lauding the bank system abroad during the recession—a conservative in support of banking regulation, rather than a conservative pushing for its deregulation.
I mentioned this in another thread: I'm glad that conservatives in Canada are a different breed than in the U.S. (generally). They don't mind government intervention where it makes sense. Call them pragmatic.