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"How Stupid Do You Think We Are?"
Incredible Letter from CEO of Titan to France
Minister of Industrial Renewal, Blasting French
Unions and USA:
"How Stupid Do You Think We Are?"
I like it when people speak their minds.
I like it even more
when they are correct and they blast government officials at
the highest levels. And I
especially like it when the person blasting government is a
prominent person.
Thus I am pleased to report an incredible letter from the CEO of
Titan to Arnaud Montebourg, Minister of Industrial Renewal of
France, criticizing not only French unions but unions in the USA.
Via Google translate from Les Echos, please consider Incredible
Email From the CEO of Titan to Montebourg.
"Les Echos" received a copy of the letter which the President of
the American Titan told the Minister of Industrial Renewal why he
threw in the towel on purchasing the Goodyear plant Amiens Nord,
in a very direct style.
"How Stupid Do You Think We Are?"
Here are some excerpts I transcribed from an image of the letter
posted on Les Echos.
Dear Mr. Montebourg:
Goodyear tried for over four years to save part of the
Amiens jobs that are some of the highest paid, but the French
unions and French government did nothing but talk.
I have visited the factory a couple of times. The French
workforce gets paid high wages but works only three hours.
They get one hour for breaks and lunch, talk for three, and
work for three. I told this to the French union workers to
their faces. They told me that's the French way!
The Chinese are shipping tires into France - really all
over Europe - and yet you do nothing. In five years, Michelin
won't be able to produce tire in France. France will lose its
industrial business because government is more government.
Sir, your letter states you want Titan to start a
discussion. How stupid do you think we are? Titan is the one
with money and talent to produce tires. What does the crazy
union have? It has the French government. The French farmer
wants cheap tire. He does not care if the tires are from
China or India and governments are subsidizing them. Your
government doesn't care either. "We're French!"
The US government is not much better than the French.
Titan had to pay millions to Washington lawyers to sue the
Chinese tire companies because of their subsidizing. Titan
won. The government collects the duties. We don't get the
duties, the government does.
Titan is going to buy a Chinese tire company or an Indian
one, pay less than one Euro per hour and ship all the tires
France needs. You can keep the so-called workers. Titan has no
interest in the Amien North factory.
Best regards,
Maurice M. Taylor, Jr.
Chairman and CEO
Morry "the Griz" Taylor
A quick internet search led me to Maurice Taylor
Taylor was nicknamed "The Grizz" by Wall Street analysts for
his tough negotiating style. Taylor has transformed Titan from a
small wheel manufacturing business to a global producer of
off-highway wheel and tire systems. Taylor has been in the wheel
manufacturing business for over 30 years, and has worked with
Titan in various sales, engineering and management positions. He
attended Michigan Tech. Taylor served as president and CEO of the
company from 1990 to 2005, when he became chairman and CEO.
In 1996, Taylor ran as a Republican candidate for President of
the United States, campaigning to bring sound fiscal management
and business know-how to Washington.
Further Reading
For further reading, please consider economically insane proposal
by French president Francois Hollande "Make Layoffs So Expensive
For Companies That It's Not Worth It"
Given that any clear-thinking person should quickly realize that
if companies cannot fire workers they will be extremely reluctant
to hire them in the first place, it should be no surprise to
discover French Unemployment Highest in 14
Years (And It's Going to Get Much Worse).
In France, Government spending amounts to 55% of total domestic
output.
Please note that the French Labour Minister says France Totally
Bankrupt
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