Is nationalization Constitutional?

I also received this in an E-Mail from a good friend and Scholar:

Something to ponder:   This is part of a letter from a Chrysler dealer as quoted by Mark Steyn in a recent column.   “On Thursday, May 14, 2009 I was notified that my Dodge franchise, that we purchased, will be taken away from my family on June 9, 2009 without compensation and given to another dealer at no cost to them. My new vehicle inventory consists of 125 vehicles with a financed balance of 3 million dollars. This inventory becomes impossible to sell with no factory incentives beyond June 9, 2009. Without the Dodge franchise we can no longer sell a new Dodge as "new," nor will we be able to do any warranty service work. Additionally, my Dodge parts inventory, (approximately $300,000.) is virtually worthless without the ability to perform warranty service. There is no offer from Chrysler to buy back the vehicles or parts inventory.   Our facility was recently totally renovated at Chrysler’s insistence, incurring a multi-million dollar debt in the form of a mortgage at Sun Trust Bank.”   The article this was lifted from was at www.noleftturns.ashbrook.org. Referring to this incident, note the call to property rights as enjoined in Law. What Article 1 Section 10 of the Constitution states in part: “No State shall …pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts…” While Amendment 14 Section 1, also states in part – “No State shall make or enforce any law which shall abridge the privileges or immunities of citizens of the United States; nor shall any State deprive any person of life, liberty, or property, without due process of law; or deny any person within its jurisdiction the equal protection of the laws.” Notice in every case it states "No State..."    So carefully note that not the Federal Government, not the President, the Executive Branch, Congress or Judiciary are anywhere mentioned or are anywhere prohibited (that I know of) against pursuing such things throughout those mentioned documents. Could this be the end of story?   If it is then say goodbye to the Republic as we have come to understand it. Someone does indeed understand this caveat.