Did Obama Really Say This?

"If you lose your job, your on your own," Obama chanted. "If you're a child in poverty pull yourself up by your bootstraps your on your own. If you were lured in by deceptive mortgage practices your on your own."

John McCain apparently wants to continue this."

Am I mistaken is this not the definition of socialism? He makes socialism sound really good. But this just floored me. He is actually admitting to being a socialist. People love him for it.