Titan CEO Crushes Socialist "Work Ethic", Tells France "You Can Keep Your So-Called Workers"

Tyler Durden's picture

Update: FRANCE'S MONTEBOURG TELLS TAYLOR REMARKS `IGNORANT, INSULTING' - And now we know Taylor was spot on.

The French industry minister is not amused. The CEO of US tire-maker Titan International has explained to the French unions (who think he belongs in an asylum) why his company is not interested in any deal - noting "you can keep your so-called workers," adding that he would have to be stupid to take over a factory whose staff only put in three hours work a day. Maurice 'Grizz' Taylor went 'postal' at the suggestion his company invest in France: "Titan is going to buy a Chinese tire company or an Indian one, pay less than one Euro per hour wage and ship all the tires France needs." His truth-filled reality letter concluded: How stupid do you think we are? Titan is the one with the money and the talent to produce tires. What does the crazy union have? It has the French government." The flustered Frenchman refrained from immediate reply but gallicly noted, "Don’t worry, there will be a response; it's better written down." Indeed, just as long as its not the labor minister.

Via The Globe And Mail,

The CEO of a U.S. tire maker has delivered a crushing summary of how some outsiders view France’s work ethic in a letter saying he would have to be stupid to take over a factory whose staff only put in three hours work a day.

 

...

 

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,” Taylor wrote on Feb. 8 in the letter in English to the minister, Arnaud Montebourg.

 

“I told this to the French union workers to their faces. They told me that’s the French way!” Taylor added in the letter, which was posted by business daily Les Echos on its website and which the ministry confirmed was genuine.

 

“Titan is going to buy a Chinese tire company or an Indian one, pay less than one Euro per hour wage and ship all the tires France needs,” he said. “You can keep the so-called workers.”

 

Socialist President Francois Hollande might take some comfort in Taylor’s view of his own country’s business policies: “The U.S. government is not much better than the French,” he said, referring to a dispute over Chinese exports.

 

...

 

The minister refrained from an immediate reply: “”Don’t worry, there will be a response,” Montebourg told reporters on Wednesday after meeting Hollande. “It’s better written down.”

 

Union leaders were less cautious. CGT official Mickael Wamen said Taylor belonged more “in an asylum” than the boardroom of a multinational company.

 

Taylor’s comments are the latest blow to France’s image after verbal attacks last year by Montebourg on firms seeking to shut ailing industrial sites prompted international mockery.

 

...

 

Talks with Titan over a possible purchase of the plant’s farm tire section fell through last September after a failure to reach a deal with the CGT union on voluntary redundancies.

 

...

 

His letter to Montebourg accuses the French government of “doing nothing” in the face of Chinese competition.

 

“Sir, your letter states that you want Titan to start a discussion. How stupid do you think we are?” he wrote. “Titan is the one with the money and the talent to produce tires. What does the crazy union have? It has the French government.”

And for purity's sake, here is the full letter itself (highlights ours):

February 8, 2013

 

Mr. Arnaud Montebourg
Ministere Du Redressement
Productif
139 rue de Bercy
Teledoc 136
75572 Paris cedes 12

 

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 not 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 that 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!

 

You are a politician so you don't want to rock the boat. The Chinese are shipping tires into France — really all over Europe — and yet you do nothing. The Chinese government subsidizes all the tire companies. In five years, Michelin won't be able to produce tires in France. France will lose its industrial business because its government is more government.

 

Sir, your letter states that you want Titan to start a discussion. How stupid do you think we are? Titan is the one with the money and the talent to produce tires. What does the crazy union have? It has the French government. The French farmer wants cheap tires. He does not care if the tires are from China or India and these governments are subsidizing them. Your government doesn't care either: "We're French!"

 

The U.S. 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 wage 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

Source pdf

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Overfed's picture

WTF? You mean you expect us to work for our money?

Popo's picture

The French are just a few short years away from discovering that they're peasants.    At which point one must hope that they re-live the only moment in history when they weren't a bunch of lazy asshats and drag the bankers from their homes to meet madame guillotine.

CH1's picture

A corp boss with balls.... didn't know any of those remained.

SafelyGraze's picture

send more of that manufacturing work to the us, where an increasing number of employes work for less than a dollar per hour

http://doc.sd.gov/documents/InmatePay.pdf

the pay is low, but at least the food is terrible. what? did you say something to me?

hedgeless_horseman's picture

 

 

Nunc est bibendum!  Because in socialist France, someone else will always pick up l'addition.

 

TruthInSunshine's picture

Bernanke should just use conjured-for-free digitized fiat to pay the workers in France.

That way, this Titan CEO can obtain even lower labor costs than in China or India, French workers are fully employed & compensated for a 15 hour full time work week, and everyone is happy-- I think everyone...

What could go wrong? I can't think of any adverse, ripple consequences from this very easy and straightforward solution.

Bernanke can fix everything with his awesome set of MMT tools.

Shizzmoney's picture

Bernanke isn't an MMT'er.....because for that to be true, the money printed would actually have to hit the people's HANDS.

Printing for banks isn't an economic policy - it's institutional hegemony that in reality, is akin to a cannibal eating his own flesh.

TuesdayBen's picture

How do you say 'ouch' in French?  And 'we're so fucked'?

TerminalDebt's picture

if I have to work 7 hrs a day when will I find time to read ZH?

TruthInSunshine's picture

+1

Or better yet, on Facefuck, or tweeting my exact activity & location minute by minute (to 3 unknown followers), instead.

Zuck: Yeah so if you ever need info about anyone at Harvard

Zuck: Just ask.

Zuck: I have over 4,000 emails, pictures, addresses, SNS

[Redacted Friend's Name]: What? How'd you manage that one?

Zuck: People just submitted it.

Zuck: I don't know why.

Zuck: They "trust me"

Zuck: Dumb fucks.

homonohumanus's picture

Who cares? I would say (and it applies to most occidental countries at this point":

L'important c'est pas la chute mais l'atterrissage"... :(

Conax's picture

Sacrebleu!!  On est foutus!

NotApplicable's picture

Well, it isn't like there's any valid practitioner of MMT. Rather, there's merely theoretical masturbation in the form of sophistry in order to create a facade of legitimacy for them all.

The Juggernaut's picture

Keep your stupid fucking workers lol.

 

Best regards,

The Truth

 

LOL this would also be a great letter to American soclialists.  Those fucking idiots.

NotApplicable's picture

Just think, if they let us keep the fruits of our own labor, perhaps people might have an incentive to produce, rather than be just another leech keeping a chair warm in a pretend job in a pretend economy.

As always, we pretend to work, while they pretend to pay us.

MachoMan's picture

True, but on the plantation, your incentive to work is that you don't get whipped, killed, or raped...  the ability to receive the fruits of your labor is solely dependent upon your ability to bargain...  and more likely than not, the result of collective bargaining given your individual bargaining power is lacking...

The incentive to produce is largely a function of the effort involved...  where the world economy is more and more established, viable innovation becomes harder and harder to achieve...  at some point, entrenched players become practically unknockoutable...

If you were allowed to have the fruits of your labor, then you would be dangerous because that might allow you to compete...  and competition is to be avoided at all times...  therefore, you may not keep the fruits of your labor. 

jerry_theking_lawler's picture

there will not be too much more bargaining by governments....they will simply enact 'trade' sanctions and tariffs to favor their countries buesinesses.

as we all know, this will be the last step before all out war.

Not Too Important's picture

"Bernanke should just use conjured-for-free digitized fiat to pay the workers in France."

Aren't we already doing that?

 

eatthebanksters's picture

The time is near for the lies to be exposed and the fraudsters for what they really are...the moochers and the looters and the flock they have taught so well to live off the teet of the folks who are successfule will soon realize what every animal in nature knows, if you don't carry your load you will starve.  Before the total collapse you can be sure that the wealthy people will be exploited and marched down the streets to the guillotines...better for the moochers and the looters to blame someone, anyone, but themselves. The last lie will be to blame the very people who worked hard to create the jobs that the sheeple need...when those people are no longer around to build the world, the final lie will be exposed and the world will go through a very painful restructuring.  My advice to anyone with real money...put it in a very safe place and get out of Dodge....Midas' Valley would be a great place.

Cortez the Killer's picture

why is this the bankers fault?

the french people are greedy and lazy and elect politicians that serve their interests (right, America?)

natural law is a bitch, and titan's CEO saying fuck you to the frogs isnt surprising at all.

 

TruthInSunshine's picture

Think of France as Paulson/Bernanke/Geithner/Summers thought of (or at least CLAIMED TO have thought of) AIG, or Citi, or...take your pick.

If France's economy continues to plunge, then asteroid 2012 DA14 immediately comes circling back around and does a direct hit on planet earth, according to financial and banking institutions.

It is only by taxing the actually productive taxpayers (i.e anyone who doesn't work for or own a major financial or private banking entity that can get cost-free fiat to gamble...I mean "invest" and "loan") more thusly while putting their children and future children into even more odious loads of debt that France can be saved, thus saving the whole system, even if living standards for the overwhelming majority take a big shit (which cause these people to pare back consumption dramatically, leading to an even bigger crisis than if France had been allowed to actually experiencing what used to be thought of as normalhealthy contractionary periods to flush out the toxic debt, excess malinvestment and get back to equilibrium - a thought process experiment of another time, when there weren't geniuses like Bernanke that could eliminate the downward moves in cycles of economic activity).

But I'm not sure if this answers your question, assuming I'm even correct. What was the question again?

marathonman's picture

Normal healthy contractionary periods to get back to equilibrium are long gone.  We all know Mises was right - there is no means of avoiding the bust at the end of the credit expansion, just whether its by giving it up or destroying the currency.  ZH'ers know that the dollar is doomed, by hook or by crook, the Democrats / Republicans / banksters will make sure of it.  The mountain of malinvestment in the US and the west is so high that society will collapse when the credit expansion stops.  Society will collapse when the dollar goes bust.  Those are the choices.  Of course they will try to distract us with a really big slogging war to take our attention from the shit sandwiches they've been serving everyone.

otto skorzeny's picture

I would respect this guy if he built the company-but who the fuck is going to buy his expensive tires if the chink building them is making a buck a day you fucking race-to-the-bottom idiot?

fourchan's picture

cant beat a chinese slave state.

zuuma's picture

 

 

 

Let them eat TYRES!

TerminalDebt's picture

The one left holding the most fake money wins

TruthInSunshine's picture

It should become clearer (for those who didn't previously know) why the ObaMao Administration slapped a big 'ole trade tarriff on Chinese tire exporters prior to his re-election campaign. Gotta' shore up those union base votes.

HondaFullOfSilver's picture

I don't know, maybe someone at Accuride was a generous campaign contributor?   It's abundantly clear that protectionism does nothing but create higher prices for all, for the benefit of people who probably could and should be replaced with more pliant labor.  

 

Raymond Reason's picture

Right, until we become an American slave state.  De-centraliztion is the only solution.  Worldwide revolutions. 

Steaming_Wookie_Doo's picture

Certainly harder to beat an economy where the Chinese govt subsidizes all of the tire companies. But that has a finite lifespan too, regardless of any current surpluses. So the guy mentioned it cost him millions to sue so the Chinese would have to pay a duty in the US. So is the real bitch the lazy western workers, or the even lazier govts who don't raise duties to protect their local industries?

Steaming_Wookie_Doo's picture

Certainly harder to beat an economy where the Chinese govt subsidizes all of the tire companies. But that has a finite lifespan too, regardless of any current surpluses. So the guy mentioned it cost him millions to sue so the Chinese would have to pay a duty in the US. So is the real bitch the lazy western workers, or the even lazier govts who don't raise duties to protect their local industries?

Steaming_Wookie_Doo's picture

Certainly harder to beat an economy where the Chinese govt subsidizes all of the tire companies. But that has a finite lifespan too, regardless of any current surpluses. So the guy mentioned it cost him millions to sue so the Chinese would have to pay a duty in the US. So is the real bitch the lazy western workers, or the even lazier govts who don't raise duties to protect their local industries?

Tango in the Blight's picture

Oh yes you can. There are now robots whixh cost even less than a chinese sweatshop worker. Within the next decade most people will lose their jobs. If you work consists mostly of repetitive motions it can be programmed and be done better and cheaper by a machine. Only the creative people and the wealthy who benefit from the machine's labor will be able to eat, the rest will starve off and die.

Diogenes's picture

who the fuck is going to buy his expensive tires if the chink building them is making a buck a day you fucking race-to-the-bottom idiot?

 

Every farmer in France. You heard him. The French will not only buy the tires because they are cheap, they will get an extra thrill out of screwing their neighbors out of a few centimes.

If you don`t know that, you don`t know the French.

eatthebanksters's picture

The guy getting paid in China is making more than the guy not getting paid in America.  The workers in China are putting money back into a growing economy which will ultimately result in more jobs, better pay and a higher standard of living.  Life is about competition...if you're lazy you lose.  It ain't easy, no one said it was supposed to be.  If you didn't have a govenrment that gave shit away (by taking from hard workers) what would you do?  Sit under a tree and starve?  Fuck, get up and work, be a productive part of society.  Lastly, when I support hard working rich people please don't mistake that for supporting immoral or corrupt business people or bankers.  I will tell you there are WAY more honest hard working people that have built their own businesses than there are rats on Wall Street...you can poison the rats...I'm talking about the people who built America.

Umh's picture

The same people who buy the other cheap goods.

Panafrican Funktron Robot's picture

If it involves productive work in exchange for fractionally reserved paper fiat, it is the bankers fault for any resultant market fuckups.  This should be obvious by now.     

NotApplicable's picture

Without the aid of the banksters, the French would've discovered the impossiblilty of their lifestyle long, long ago.

Banksters and colonialism go hand in hand.

Anusocracy's picture

The bankers are world class thieves.

The French people are petty thieves.

WTF_247's picture

You should realize that this theory only works if the moochers and looters are a minority of the population.  Once they are the majority, cutting them off = riots and revolution because they have a sense of entitlement based off of history.  Good luck with trying to reason with them - having no money/food/housing all a sudden makes people desperate and drastic measures are the norm.

Unfortunately the way most of the world is going this is going to be the end game - as has often been repeated - the problem with socialism is eventually you run out of other people's money.  That has already happened for the most part - govt's are now making up for it by printing money.  Once that starts to have negative consequences (and it will), the end game is in play.

billsykes's picture

The french have always had a issue with balance, look at Versailles - made to out do his finance minister, built on the backs of taxpayers. 

France is so fucked right now, there is only so much chinese dumb money out there to prop up commercial real estate, all the other industries are screwed competitive wise even in their own country. 

The only way I see France coming back 360, is with a complete collapse of the economy, leading to civil uprising or a mass external mobilizing event to whip up nationalism and industry (war). 

Its too bad, very pretty country and nice people, if the bankers get their way in owning everything- it will be like a sarajevo or moscow like shittyness, try driving down the street in a shithole and feel the "joie de vivre" (joy of living)

(if you have never been, like driving in any city in mexico- not fun)

 

One of the problems with banker (WWO) mentality is that there is no middle ground for social improvements with no tagible ROI, this is why you have little greenspace, crappy build to spec buildings, shrinking social programs, lack of social cohesiveness (too many immigrants not integrating).

BUT there has to be a balance between that and full on socialism because neither works in the long (50yrs+) run and both really turn out the same in the end. 

eatthebanksters's picture

I look at the down arrows and am amazed at how so many won't see the truth...there is an old saying that I like, it goes like this,"You don't have to make your decisions based upon reality, but you do have to live with the consequences."  For all those socialists who gave me a down arrow let me ask you a simple question:  what happens when the output of a group falls below what is required to sustain the group? (France)  Then, here's the next question:  why would anyone work hard when the fruits of their labor are taken away and given to those who won't work (hard)?  And last question:  if the government is willing to give you so much for free, why would you work at all?  If you are honest with the answers to these questions (all of which revolve around basic human nature - which no system will change) you will have to admit that socialism/communism will fail everywhere it exists today, just as it failed behind the iron curtain 25 years ago.  Go figure...and when your supply of nuts for the winter runs out, don't come to this hardworking squirrel.

SafelyGraze's picture

http://www.unicor.gov/about/faqs/faqsgeneral.cfm

and there's still plenty of "labor reserve" left untapped

Number of Workers: 14,200
Percent of Eligible Population Employed: 8%
Employment Goal: 25%
Pay Rates: 23 cents to $1.15 per hour

plus, diverse areas of expertise

Clothing & Textiles: Military Items and Apparel, Protective Clothing for Law Enforcement, Mattressess, Linens, and Embroidery and Screen Printing, Medical Textiles, Gloves, Textile Repair, and Custom Made Draperies.

Electronics Products: Braided Cable Assemblies, Circuit Boards, Electrical Cables & Cord Assemblies, Electrical Connectors, Molded Power Cables, Outdoor Lighting Systems/Flood Lights, Power Distribution Systems, Repair Services for Electrical Components and Wire Harness Assemblies.

Fleet Management & Vehicular Components: Fleet Vehicle & Vehicular Component Remanufacturing, Fleet Vehicle Upfitting (New & Retrofitting) and Fleet Management Services.

Industrial Products: Prescription & Non-Prescription Safety Eyewear, Shelving, Traffic and Safety Signage, License Plates, Dorm & Quarters Furniture, Promotional Awards and Gifts, Air Filters, Perimeter Fencing, Catwalks & Mezzanines, and Architectural Signage.

Office Furniture: Systems Furniture, Seating, Office Furniture, Filing & Storage products.

Recycling: computer and electronic equipment. UNICOR is ISO-9001:2008 certified. The environmentally sound processing of computer and electronic equipment, health and safety of our workers is paramount. We have a "no landfill" policy, therefore, every part and/or component is reused or recycled.

Services: Data Services, Printing & Bindery, Contact Center/Help Desk Support, Reverse Logistics and Distribution.

http://www.unicor.gov/products_services/index.cfm

SafelyGraze's picture

and coming soon to UNICOR -- 

(drumroll) ..

finacial services and investment advice (limited to inmates in nyc correctional facilities)

NotApplicable's picture

Long ago, I worked for an electric utility that UNICOR tried to sell it's services to for digitizing our maps.

And people say that the war on drugs is a failure...

tbone654's picture

Is money/wage not just one form of a placeholder for work effort?  In fact while there are other rewards for work effort, money/wages only comes from work effort...  Or central planning these days...