Dailybreeze.com reports that "A top executive of Chrysler LLC cautioned Wednesday that a carmaker collapse could send the economy spiraling into a depression, as the United Auto Workers union braced for contract concessions.
Jim Press, Chrysler's vice chairman, said the U.S. automakers were "down to months left," as industry officials ratcheted up a fierce lobbying push to persuade Congress to approve as much as $34 billion in emergency aid. "
It's too bad no one asked me for a comment. But here is what I would have said if they did:
"And how much do you make a year, sir?"
-Regardless of response:
"You cut every salary of every executive who makes over triple the nation's average and I will consider not hitting you with a Chrysler."
I am cutting every corner just to make rent and buy groceries and you want to tell me that your multi-billion dollar company is hurting and might start a depression?
Let 'em go under.
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