Watch Rep. Michele Bachmann (MN) give her colleagues a piece of her mind in this C-SPAN clip:
I’ve yet to hear a good explanation of how summarily closing profitable car dealerships will help GM or Chrysler. Yes, Toyota has fewer dealerships, but they might be doing better in spite of that–not because of it. More dealers competing should mean lower prices for the consumer (without changing the price from manufacturer to dealer) which should be an advantage for the manufacturer.
H/T: John Lott.