The automotive manufacturers General Motors and Chrysler were partially nationalized in the wake of the 2008 Financial Crisis as were several banks… these were less a full government takeover and more of a government guided restructuring, but the government owned large stakes in these companies. Before that, the only full nationalization of anything substantial was the bankruptcy of the Penn Central Railroad and subsequent establishment of Consolidated Rail (branded as ConRail) the US’s only national freight rail company.

Conrail was later privatized into what is now the private companies CSX and Norfolk Southern. The collapse of Penn Central was the largest bankruptcy in history until Enron in the 1990’s. Amtrak, our national passenger rail corporation, is also a nationalized entity created around the same time as ConRail, for similar reasons, and is still nationalized (although the Trump admin wants to privatize it).

If only we’re that lucky. Like, I’ll even take “caught in a hot mic” trashing what few fans he’s got left while in a k hole. After he dies we’ve got to commit to a global effort to never allow his legacy to be white washed. Make him Benedict Arnold… did some good things, but was an unforgivable jackass otherwise. Maybe we can make his name synonymous with something anti-social? I dunno what that should be but we did it with Rick Santorum and it should be easy to do with Musk.