Tire Company CEO vs. France

Earlier this month, French industry minister Arnaud Montegourg wrote to Maurice (Morry) Taylor, the CEO of US tire company Titan International, asking him to consider buying a failed French tire factory.

Morry, whose nickname is "The Grizz" because of his bear-like no-nonsense approach to business, wrote back declining the offer. But Morry being Morry, a simple and polite "no, thank you" simply wouldn't do.

This is what he wrote:

The French, understandably, got a bit upset and blasted the businessman:

Mr Montebourg, who declined to comment on Wednesday, added his voice to a rising tide of outrage in the Gallic nation in a written response telling the Titan boss "your words, as extremist as they are insulting, show a perfect ignorance of our country."

He went on to point out that since Titan is "20 times smaller" than "French technology leader" Michelin, which is "35 times more profitable", Mr Taylor "could have learnt and gained enormously from a French base."

Morry, in turn, replied:

"The extremists are in your government, who have no idea how to build a business. Your government let the wackos of the communist union destroy the highest paying jobs [...]
"At no time did Titan ask for lower wages; we asked only if you want seven hours pay, you work at least six."

But he added: "France does have beautiful women and great wine. PS: My grandmother named my father after French entertainer Maurice Chevalier, and I inherited the name."

In a final flourish, he said: “I have visited Normandy with my wife. I know what we did for France.”

Stay tuned for the French reply!

Whose Side Do You Pick Neatoramanauts?



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You're missing the point here; Titan will end up going that route because that's the only way they can keep from being undercut by Chinese manufacturers, and the only way to stay in business. The French union workers not only get paid much more than the Chinese workers, but they work fewer hours and have more mandated holidays; buying the Amiens plant would've been a stupid business decision because of the baggage that comes along with it.
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Technically, it's "hate entrepreneurs and the rich who will take all the subsidies at first, and then will say that taxes are too high, and that workers want too much money, and so they are moving to China." Meaning that the tax money that subsidised them is lost to the country and its citizens.
There was the Bettancourt affair, in which it came to light that the richest French woman, who inherited her wealth and the source for it (L'Oréal, because she's worth it), not only used fiscal paradises to hide some money, but also used... er... "fiscal optimisation", ie: having someone use legal loopholes to allow your millions or billions to escape taxes normal people have to pay too, but she still asked for the tax rebate.
And on work hours, over ten years ago, France officially switched to 35-hours week. The aim was that some people would get more time off, but mostly that other people would be hired, to cover that time. You know, lower unemployment. Somehow, it mostly turned to more overtime, often undeclared and unpaid. New rules about overtime have been put in place to try again, but somehow that is also eeeeeevil, and mostly means that more overtime will go undeclared and unpaid.
TL;DR: Yes, we hate rich people who are rich because they won't pay the taxes or wages they should.
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