Jesus, you'd think I would have heard about this in the news at some point in the last year. Looks like in 30 years we'll be back in the exact same position...
http://en.wikipedia.org/wiki/1980 January 7 - U.S. President Jimmy Carter signs legislation approving $1.5 billion in loan guarantees to bail out the Chrysler Corporation.
And the majority owners are UAW...
One of my favorite policies is having the employees be a major stockholder and voice for the company. But seriously, Chrysler has some issues and strong political ties to be pulling this shit for a second time.