7 votes

USA CEO To France: How Stupid Do You Think We Are?

Laugh till the end

Dear Mr. Montebourg:

I have just returned to the United States from Australia where I have been for the past few weeks on business; therefore, my apologies for answering your letter dated 31 January 2013.

I appreciate your thinking that your Ministry is protecting industrial activities and jobs in France. I and Titan have a 40-year history of buying closed factories and companies, losing millions of dollars and turning them around to create a good business, paying good wages. 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

Yup, American jobs are on the block too.

H/T: http://www.businessinsider.com/titan-ceo-letter-to-montebour...



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France to CEO: Well, you elected George W. Bush and...

Barack Obama TWICE...

Cyril's picture

CEO to France, round #3:

CEO to France, round #3:

well, okay, but you've elected socialists 3 times in 32 years, since 1981...

Not only you could have warned us, but you could have got clues by now, about the animals, to begin with...

Are you masochists, or dumbed down into abysses, or retarded, OR WHAT ?!

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius

Cyril's picture

LOL. Precious.

LOL. Precious.

Wait... Should I laugh... or CRY ?

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius

You should not invest in Europe at this time!

We are going down the drain! To all my american friends, do not invest in the EU at this point! We live on borrowed time. Our countries are heavily in debt, the taxes is already huge and we do not have the flexibility or leadership in governemnt to turn this around.

The french finance minister said last week that they are basictly bankrupt! And Italy, Spain, Greece, Britain are in the same situation. Everything hangs on Germany, Netherlands, Sweden, Denmark and Finland, and if they one day says they won't continue with the bailouts or find themselves in their own economic problems, will the EU fall into a servere economic and social crisis.

My country, Sweden, and Denmark is right now entering our own recession. This could turn out ugly for the EU.

Sad but true

So many look at the "dreamy" work schedule of the socialized countries, but countries that cherish laziness will reap... well, nothing. Nothing at all. They will produce nothing, so they will have nothing.

Love or fear? Choose again with every breath.

lol......

lol......