7 January 1980 Posted on January 6, 2023 by Staff U.S. President Jimmy Carter authorizes legislation giving $1.5 billion in loans to bail out the Chrysler Corporation Famous Words of Inspiration..."Be courteous to all, but intimate with few; and let those be well-tried before you give them your confidence." George Washington — Click here for more from George Washington Related posts: 6 January 1941 3 January 1938 25 January 1980 7 January 1992 3 November 1936 3 November 1936 24 January 1943 5 January 1949 8 December 1941 11 January 1908