That's an interesting way of looking at private enterprise . . . so you're saying it would be OK for the government to nationalize a private enterprise should they decide that national security is threatened? What part of the COTUS says they can?
Isn't this the same forum that the far reaches of GWB's grabs for power have been lauded? Didn't he say, before he started this wire-tapping thing, that national security was at risk (or something like that)?
All United States railroads were nationalized as the United States Railroad Administration during World War I as a wartime measure but were returned to their private owners almost immediately after the war.
The National Railroad Passenger Corporation (Amtrak) was a government-owned corporation created in 1971 for the express purpose of relieving American railroads of their legal obligation to provide inter-city rail service. They were trying to get out of this obligation anyway, but by taking over their passenger rail assets, Amtrak was able to keep the passenger trains running.
In 1976 the Consolidated Rail Corporation (Conrail), another government corporation, was created to take over the operations of six bankrupt rail lines operating primarily in the Northeastern United States; Conrail was privatized in 1987. Initial plans for Conrail would have made it a truly nationalized system like that during World War I, but an alternate proposal by the Association of American Railroads won out.
Organization of the Tennessee Valley Authority entailed the nationalization of the facilities of the former Tennessee Electric Power Company in 1939.
In 2001, in response to the September 11th attacks, the then-private airport security industry was nationalized and put under the authority of the Transportation Security Administration.
Need I go on to point out the nationalization of the higher levels of our banking system, the nationalization of mortgage security insurance, the nationalization of deposit insurance, or is that enough?