You realize that he has been saying this for YEARS right, and that there are a few details left out of Beck (yes, this is a Beck story...that he went on about on his November 8th show, implying it was new and a reaction to current events...which it isn't).
"In an interview published five years ago,O'Donnell described himself as "a kind of practical socialist. I know we failed. A lot of our ideas have failed, so I'm not with them anymore. I'm willing to take from a grab-bag of stuff that works."
Moreover, O'Donnell has explained that he is a "socialist" in the way that "we all are" because Social Security and Medicare are "socialist program[s]," not as an admission of being a "radical revolutionary," as Beck suggests. In a September 17, 2010, interview with The Hollywood Reporter, O'Donnell described himself as "A practical European socialist which, as it turns out, we all are, if you know that Social Security ... is a socialist program, and that Medicare is a socialist program and that all economies of the world are mixed with some capitalism and some socialism and they just vary in their degrees."
http://www.caglecartoons.com/column.asp?columnID={3C798B88-CC34-4D12-865C-B7E91A29F0CE
OOOH scary....