Because Chrysler hasn't paid back any loans made in the last 5 years.
this may come as a shock to you, but history didn't start in the last 5 years. do your homework.
This may come as a shock to you, but that's why I asked "when"?
how is a profitable business costing the taxpayers money? granted, not all of the dealerships may be profitable. that's something the markets take care of. many of those being closed have been in business for year. in some cases, generations. they are profitable and they are the hope of GM and Chrysler. if a company (government) destroys that part of the business that is responsible for getting the product to the consumer, that begs the question; "what is the intent of the government?".
Please go back and read the posts prior to this one, because that question has been answered numberous times and doing so again would just be beating a dead horse. Sorry, but I'm sure the only reason you're asking this question again is to start the circle of this debate all over again... if you want to do that, I suggest you do so quietly by yourself by scrolling back a few pages and reading the posts over again... repeat as many times as you see fit before you're willing to move on. I'm sorry you're having a hard time understanding or accepting facts, but that's the way it is... I posted links and references, so you can do as much research as you like.
Or you can ignore facts and go with your feelings like most republicans seem to.
But what the hell... just to sumarize one more time, whether or not the owner of a dealership is making money has absolutely nothing to do with if the dealership is costin Chrysler money.
as for costing the taxpayer money; if the government didn't own the company, the taxpayer would not be on the hook for anything. welcome to the world of socialism! the taxpayer will be responsible for everything.
And that right there proves that you know they are costing Chrysler money, and thus the taxpayers, you were just trying to be difficult and keep the controversy going before... and throwing in a little misdirection in the process.
By the way, whether the government took ownership of Chrysler or whether they just kept throwing money at them every time they lose money, we'd still have to pay to keep these 789 dealerships open.
i can tell you are not an investor!
I do quite well with my investments actually. Last year was the first and only year I've ever lost money on my investments, and it was far less than the average loss. The three years before that I made between 22 and 24% on my investments. Of course, I didn't realize those kinds of gains by investing in companies that were so obviously out of touch with consumer demand as GM was.
As far as the S&P500 being up 30% from 3 months ago... that's simple reading of a news story, anyone can do that... even you. Of course you know that, you're just trying to get controversy going here... aren't you?
this is the description of most of your arguments. full of feeling and lacking facts. being young is not an excuse for lacking knowledge.
You mean like your entire post here? Where's a fact? Show me a fact in anything you wrote here? Any one? No? Of course not.