Unthinkable? Not really.
GM’s restructuring plan would lower its debt by $44bn to an estimated $23bn, leaving the government and a healthcare trust managed by the United Auto Workers union with 89 per cent of the equity.That sounds a lot like socialism to this old dog. Problem is, most (young) folk these days don't even understand what socialism is or what an abject failure it has been where ever and when ever it has been implemented.
Methinks Atlas just shrugged.