Hardly - that's not socialism, that's idiocy. You do not throw good money after bad. Good socialism is government controlled and owned business - several, not all - where it holds a monopoly, such as petrol or natrual gas, or some such thing, thus utilizing the profits therefrom to place into institutions like mass transit, defense, free or extremely low cost college, lower cost health care, etc. And of course, to ease the tax burden on society.
No - bailouts and such is a ridiculous idea tha destroys the vert nature of business - if you fail, you fail. If you've run your business poorly, you suffer the consequences. One does not put a bandaide on a bullet wound.
I have two points to make. First: Government owning any sort of business is bad news. Governments mess up everything they touch including wars, health care, and representative government. Letting them run corporations does not work out. The French learned this when they socialized their aerospace industry before the first World War, and most of Europe and Canada learned this when they socialized their healthcare industries which is just fine for healthy people, but simply does not work for the unhealthy, who are often forced to come to the United States for medical care and pay out of pocket.
The second is against your belief that socialist corporations would reduce the tax burden on society. This idea is flawed, because the only thing that changes is how money reaches the government, not the tax burden on "society." The money comes out of citizens pockets if you socialize corporations because of the higher prices (compaired to private industry) that would have to happen in order to raise that money by selling products. In our society, Corporations do not pay taxes, they simply pass them on in the price of goods. Your corporations would pass the costs of government onto the people indireclty rather than directly as it does now with an income txa.
I do agree with you about the bailouts though. The bailouts are just plain stupid.
"Beff Pike":
Every time a nub grows up an icon dies.
So thanks, Kach - you killed David Carradine!
"Omnae":
"What? What? Where are the nipples?" enters Seth Vinda.
"NIF. But I will find them! I am god like that." Kach Thorton speaks up.