Relevant and even prescient commentary on news, politics and the economy.

John Deere Maintains Profits and Shareholder Value by Whacking Labor

Nothing new under the sun here. Maintaining profits has been a matter of fact for decades. It became more popular under Pres. Reagan. Deere Reports Strong Profits Amid Layoffs of Workers Across Iowa, Des Moines Register August 13, 2024 and Kevin Baskins at the Des Moines Register reports on the Deere & Company layoffs across […]

John Deere partners with a Battery-electrified Product Manufacturer

This is interesting. John Deere a manufacturer of gasoline driven equipment is partnering with an international company owned by Chevron and is based in Nanjing China. EGO is led by CEO Long Quan Pan (title: Chairman/CEO/Executive Director/Co-Founder, Chervon Holdings Ltd.). My initial thought was, why doesn’t John Deere buy EGO out right making it a division […]