Category: Profiteering of A Corporate Perpetrator or Industry – Lots of Deaths

The Snowball

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The Book of the Week is “The Snowball, Warren Buffett and the Business of Life” by Alice Schroeder, published in 2008. This authorized biography described how one of the world’s richest men, accumulated his wealth.

Born at the end of August 1930 in Omaha, Nebraska, Buffett was obsessed with making money. He became the general partner of the eventual conglomerate Berkshire Hathaway, an initially money-losing textile company.

In August 1991, a financial scandal broke at the bond brokerage, Salomon Brothers. One representative, on various occasions, had broken the law to corner a specific government-securities market in auctions. His indiscretions, about which his bosses knew and took no disciplinary action for months, cost Salomon’s competition $100 million.

Buffett was tasked with restoring Salomon’s reputation and his own, as he was a major investor in the firm. “Everything at Salomon was turned topsy-turvy as the new culture of openness went into effect.”

BUT, the late college basketball coach John Wooden always said– one should worry about one’s character, not one’s reputation. One’s character is indicated by the following cliche: “When you lie down with dogs, you get fleas.” In other words, if you associate with people of bad character– stooping to their level, your own bad character will be exhibited.

Buffett helped punish the former executives at fault, by refusing to pay their legal fees and severance pay. The main perpetrator went to arbitration to restore his severance pay. The arbitrators ruled against him; he didn’t get a penny. The book’s author commented it was unclear why he was perceived to have been punished so severely.

As securities-industry insiders, those arbitrators were wisely trying to hold up the perpetrator as an example– to deter future bad behavior. Clearly, unmitigated hubris and unconscionable greed was “in the air” and was not going to stop anytime soon.

Numerous monster-sized financial scandals caused havoc in markets worldwide from the late 1980’s onward. Countless innocent people were fired– who had nothing to do with the scandals! The author omitted the inconvenient fact that in 1993, an unsupervised, rogue bond-department trader at Kidder Peabody caused that firm to go belly-up.

Buffett was a strong believer in pay-for performance. He drastically slashed Salomon’s employee bonuses because they didn’t perform– make money for Salomon’s shareholders, who were the real owners of the firm. Unsurprisingly, the employees were mad as hell, and thought the billionaire Buffett was a hypocrite. By the mid-1990’s, prosecutors would act aggressively to indict financial law-breakers unless they showed “extreme contrition and cooperation” when caught. How times have changed.

The leadership of the United States has been reduced to a small group of alpha males with hubris syndrome and their lawyers, running the country like a corrupt Wall Street brokerage. Economic decline is inevitable, unless the next president behaves the way Buffett did– legally requiring transparency and competence rather than loyalty. He or she must bring adult supervision to the major drains on the nation’s treasury: war / military spending, tax cuts, space exploration, and in the most recent twelve years– litigation.

Anyway, read the book to learn much, much more about Buffett, his family, and his times.

How to Save the Amazon

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The Book of the Week is “How to Save the Amazon, A Journalist’s Quest for Answers” by Dom Phillips and various authors, published in 2025. This hodgepodge of a volume listed various issues related to the destruction of the Amazon rain forest, which spans eight different countries. Nevertheless, the title was misleading in that all the articles except for one about Cost Rica– were about the Amazon region in Brazil.

Over the decades, there has been a tug of war between monetizing of, and attempting to enforce laws to protect the Amazon region, involving:

  • changing politics
  • supply and demand for real estate
  • supply and demand for products such as fossil fuels, fish, fruits and nuts.

Anyway, simply enacting laws, and then underfunding and understaffing the laws’ enforcement NEVER works in such an environmentally delicate, resource-rich region where the people born there have a simple lifestyle, and aren’t sufficiently powerful to defend their way of life against exploitation of their land.

For decades, business people have worked around the Amazon river in gold mining, commercial fishing, logging, rubber tapping, farming, oil wildcatting, and cattle ranching (beef production).

On and off, Brazil’s government agencies, and the Pastoral Land Commission (a Catholic organization) have assisted the Indigenous people who have small farms in the region. There had been programs similar to those implemented in the western United States in the 1800’s, of homesteading and sharecropping. BUT, more than half of the population of Brazil consists of Amazon-region residents (Indigenous peoples) whose dark skin makes them subject to discrimination.

There are tens of different Indigenous peoples who choose to live in the region, isolating themselves from the rest of the world. Their mentality is described in the song, “Colors of the Wind” from the Disney movie soundtrack Pocahontas. One Indigenous individual interviewed by one of the authors wrote, “That land could be owned by a single person is unthinkable to us because everyone’s survival depends on it.”

The Indigenous peoples and NGOs are the only people who should be stewards of the land, because they live and work there, on the ground. Outsiders are mostly bureaucrats and exploiters.

One can get a bank to finance cattle-ranching, as beef production is a major way to make the land productive. So the government encourages homesteaders to go into cattle-ranching. However, it deforests the land.

The entrepreneurs behave like organized crime syndicates– ruthlessly killing people who obstruct their illegal profiteering, and donating big bucks to political candidates to perpetuate their lawlessness.

In addition, ironically, the Indigenous people aid and abet the entrepreneurs! They serve as slave labor in the entrepreneurs’ businesses because their education and skills are insufficient to make a living otherwise.

Bottom line: the Amazon rain forest is one of the few remaining resource-rich regions on earth that has yet to be completely looted– that could still be used for more good than evil.

Read the book to learn about: the annual Davos-like conference called COP where the (mostly greedy, power-hungry) attendees pretend to wring their hands over the destruction of the Amazon rain forest; the entrepreneurs who do agroforestry; the dreamers who want to turn their land into environmentally friendly utopias; and the one small cause for optimism that can improve the situation (hint: high-technology satellite images can measure deforestation).

The Strongman Mash – BONUS POST

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There will be at least two more years of suffering under this Trump regime. Here’s a song about it in a nutshell.

STRONGMAN MASH

sung to the tune of “Monster Mash” with apologies to Estate of Bobby Pickett, the Crypt Kicker 5, and to whomever else the rights may concern.

Trump did scheming for a power GRAB with the greedy Right. Our eyes behold, a traumatic sight, for this dictator with his cult, has damaged us all, and his inner circle has yet to fall.

He does his mash. He does the strongman mash. The strongman mash. It caused a political crash. He does his mash. It is extremely brash. He does his mash. He does the strongman mash.

From destabilizing the Middle East, to wanting a ballroom where his cronies feast. His sleazy donors all kiss his ass, to get deregulated by his top brass.

They do the mash. They do the strongman mash. The strongman mash. It caused a political crash. They do the mash. It is extremely brash. They do the mash. They do the strongman mash.

The fraternity is having fun. Democracy is coming undone. Many deaths have been caused by their actions, and the deaths have just begun.

The scene is shocking. Their greed knows no bounds: Trump’s muddled brain, backed by Fox’s baying clowns.

A political reversal is about to arrive. But for now Trump’s gang is still alive.

They do the mash. They do the strongman mash. The strongman mash. It caused a political crash. They do the mash. It is extremely brash. They do the mash. They do the strongman mash.

Out from his coffin, Trump’s voice does ring, seems he is troubled by many things. He stomps his feet and balls his fists and cries, I won the 2020 election, and Dems are CommunISTS!

He does his mash. He does the strongman mash. The strongman mash. It caused a political crash. He does his mash. It is extremely brash. He does his mash. He does the strongman mash.

Now his cruelty is uncool. Musk’s a part of his band. And his strongman mash is wrecking our land. If you don’t worship him, his mash targets you. When they come to your door, have a Supreme-Court-Justice with you.

But Trump can strongman mash. The strongman mash. It’s a political crash. Then he can mash. You’ll catch hell in a flash. Then he can mash. Then he can strongman mash…

The Dope

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The Book of the Week is “The Dope, The Real History of the Mexican Drug Trade” by Benjamin T. Smith, published in 2021.

In this wordy and redundant volume, the author mostly stuck to his subject of narcotics– opium, heroin and cocaine, but also mentioned marijuana (not considered a narcotic nowadays). From the 1800’s, there have always been legal loopholes allowing stakeholders to sell narcotics.

The cycle of changing politics, supply and demand of specific illegal drugs, enforcement efforts and violence, have become a cliche in both the United States and Mexico. The author mentioned France, Canada, Colombia, Peru and China in passing, but failed to mention other narcotics sources and hubs that might be relevant to the story, such as Bolivia, Panama and Central Asia.

Anyway, destroying narcotics supplies and distribution networks NEVER works when politicians and law enforcement are trying to get rid of certain kinds of drugs. In a few years, entrepreneurs will always have found a way to make money from other kinds of drugs, or other enterprises– such as protection rackets. The same old corruption and atrocities return, time and time again. Unsurprisingly, it is actually ulterior political motives and the profit-motive that drive the cycle.

Starting in the late 1800’s, opium was a drug whose regulatory crackdown was an excuse for a smear campaign against Chinese immigrants in Mexico City– the major makers of it. In the nineteen teens, Americans zipped down to Tijuana or Mexicali in Mexico to get their fill of gambling, the sex trade and alcohol.

In June 1916, the governor of Baja, California put on a show, pretending to ban opium and shutting down its distribution, and killed some Chinese drug traffickers. It was a charade because the black market on opium stayed alive and well and the drugs’ stakeholders paid the governor protection money. With the minimum portion of that money he needed to spend to stay in power, he did public-works projects and funded schools in his district, imposing mandatory education.

In the 1920’s, goon squads in Mexico City raided Chinese stores and arrested anyone with opium paraphernalia. That same decade, the state of California passed anti-vice laws that adversely affected the Chinese.

In 1925, in Mexico, the secret service agent who investigated and prosecuted members of a large Mexico City heroin ring, became the new chief law-enforcement officer, and eventually the new drug kingpin. The year 1936 saw Mexico again become a hub for illegal narcotics going to the U.S.

In early 1940, Mexico tried a new policy: opening dispensaries that allowed addicts to get their fix at a discount while still holding down a low-skilled job, in order to put black-marketeers out of business. Yes, street-crime in the local areas fell because addicts no longer had to steal to stay alive.

However, the head of the U.S. Treasury was against the dispensaries. He was “supremely pragmatic and with only a passing interest in the actual facts, he would go on to blame U.S. narcotics addiction on an almost comically incoherent litany of shady conspiracies…” He was the one who decided which countries’ narcotics were medicinal only, not recreational; only the medicinal could be imported into the U.S. The dispensaries were shut down in a few months.

President Nixon (with his usual “public humiliation, manufactured panic and diplomatic bullying”) started anti-narcotics hysteria in his first term. But the series of anti-narcotics operations implemented in Mexico by American presidents and law-enforcement from the late 1960’s to the mid-1980’s, never did reduce the overall addiction rates of Americans, because other countries picked up the slack.

Around 2006, Mexico became like the red-light district of Amsterdam. Former members of Mexico’s military in the Zeta drug cartel violated what in the United States were the “RICO” laws, amply aided by gun violence.

Read the book to learn a boatload more about: how untold amounts of American taxpayers’ monies have been wasted in all different ways on trying to fight the drug wars; what roles shifting power structures (involving different stakeholders including but not limited to PJF, DFS, DEA, ICE agents, drug traffickers and cartels), weapons (guns, grenades, bazooka missiles), herbicides, deaths (lots of them!), and marijuana have played in the narcotics shenanigans in the last hundred years.

We Will Never Ever Feel Shame – BONUS POST

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The following is what Trump and his claques, flacks and sycophants are singing.

INFINITE disclosures of their criminality will NEVER shame them into better behavior. Those disclosures are meant to inform voters about the actions of the Republican Party, which has held a Congressional majority for the last several years.

The only way to stop this charade is to vote out this rotten clique. One hopes this won’t be deleted again by hackers.

WE WILL NEVER EVER FEEL SHAME

sung to the tune of “There Is Nothing Like A Dame” (the 1958 South Pacific movie version, up until the “Hup two, three…” dialogue) with apologies to the Estates of Rodgers and Hammerstein, and to whomever else the rights may concern.

To Trump we lend a HAND. It’s national securITY. SO ICE detention and AI data centers you cannot SEE. You little people are all losers and you are all lame. WHAT ain’t we got? We ain’t got shame!

We got women blamed and fired. We have distractions. We have SHOWs. We do speeches from our leader and defend against our FOES.

Put lipstick on the liberals’pig. We deny Trump’s brain is STALLED. What do we get? Spoils for us ALL!

We make world peace. Our country is the biggest and, the best. We protect all of you. We do it all at, Trump’s behest.

We will never-ever feel SHAME. Never ever ever. To us, it’s a great-big GAME. We never ever-feel-any shame.

We feel macho and we feel bold. We miss Epstein Island sex. We feel the rope getting tighter, and tighter, around our necks. We’re still strong and innocent, in your pesky hearings game. What DON’T we feel? We don’t feel shame.

Lots of things, we have done. We are still, in POWER. That shows we’ve done nothing wrong in any way shape or form, ha ha. You GLOWER.

We will never-ever feel SHAME. Never ever ever. To us, it’s a great-big GAME. We never ever-feel-any shame.

No other government’s the same. Biden failed the world. He was soft and lazy, and lame. We’ll put a tariff on his name. There is absolutely nothing about which, we feel shame.

The Dark Pattern

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WARNING: LONG POST

The Book of the Week is “The Dark Pattern, The Hidden Dynamics of Corporate Scandals” by Guido Palazzo and Ulrich Hoffrage, published in 2025. In this hodgepodge of a volume, the authors listed the various goings-on that inevitably lead to a scandal at a big-name corporation. They cite several real-life examples such as Theranos, Boeing and Uber.

Although the authors have European names and do college-level teaching in Switzerland, this book covered American companies and reflected the American mentality. It is difficult, if not impossible to fact-check propaganda spouted by American companies because they manipulate the media.

Prior to the scandal, the media crow about how the CEO is doing a great job in enriching the company’s shareholders. Leadership (that is toxic and heading for trouble but the public doesn’t know it) is enhancing shareholder value (yay!). Until it isn’t. After breaking news of the scandal, the media pile on about the company’s seamy underbelly that led to the failure.

Scandals erupt again and again due to human nature– fear and greed are the two major motivators that cause most of the trouble in the world. Moral failure gradually occurs on a colossal scale throughout the organization, because if it really were only a “few bad apples” there wouldn’t be a scandal. Here’s how it happens.

A large number of employees are eventually brainwashed into rationalizing away their bad behavior, through:

  • ethical shift (baby steps which gradually take one down an unethical path, until matters come to a head; breaking one taboo makes it easier to break more of them);
  • pluralistic ignorance (getting influenced by how others react in an unclear situation);
  • evaluation apprehension (fear of getting publicly judged for speaking up);
  • bystander effect (not reporting bad behavior because one thinks others will do it);
  • euphemistic labeling;
  • what-about-ism;
  • minimizing, ignoring or misconstruing the consequences;
  • dehumanizing the victims to make it easier to harm them.

The human resources department covers the employer’s legal ass by establishing an “ethics hotline” for employees. It is a joke because employees are reporting the bad behavior of their bosses to the very perpetrators of that bad behavior! The bosses will be vengeful– harassing those employees, shutting them up, or firing them.

When interdepartmental rivalry within the company is taken to the extreme, one of two things happen: the company has a scandal, or a group of workers will leave to form a company that competes against their former employer.

The usual cliches apply: The fish rots from the head down; if the truth makes you angry, you’re living a lie; and just another case of the fox guarding the henhouse.

Anger from perceived unfairness will lead to additional vicious office-gossip, and an even more hostile work environment.

Excessive greed led to: 346 deaths in two plane crashes in 2018 and 2019; attendant trauma, lawsuits, hearings; a few heads’ rolling; an attempt to move on, so as to forget all that unpleasantness. Never mind learning from it.

Such was the case with Boeing, whose CEO James McNerney, made approximately $290 million between 2001 and 2016.

Boeing was aware of its software bugs in its plane mechanics. It was cutting costs to the bone in the name of profit. It deemed training pilots in a simulator or in the actual upgraded plane, too expensive.

Boeing also forgot to tell the FAA about that issue. The understaffed, underfunded FAA (a federal agency which is supposed to regulate airline safety) changed its language and became besties with Boeing. “By 2018, Boeing already certified a stunning 96% of their own work [doing the FAA’s job.]”

Elizabeth Holmes of Theranos was a spellbinder, and became a cult leader. She was able to fund her pipe dream because her family and friends were wealthy. The social networks of the wealthy, trust one another even when they lack direct knowledge of a technical subject, such as medicine or investing (like with Bernie Madoff), so they throw their money at the opportunity, blinded by greed.

Uber slapped the new name “gig economy” on an old idea, but became successful because the concept was ready for the technology of the times. The problem was, Uber’s purely libertarian culture got it into legal trouble. A corporate culture of pure libertarianism means zero-sum, cut-throat competition. One independent-contractor’s gain means another’s loss.

After the fact, there is: displacement of responsibility and blaming the victim.

Read the book to learn additional lingo of psychology describing more details of the above, and about other corporate scandals.

Strongmen – BONUS POST

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The Bonus Book of the Week is “Strongmen: Mussolini to the Present” by Ruth Ben-Ghiat, published in 2021. In this hodgepodge of a volume, the author described the traits and behaviors of a “strongman” through a few real-life examples of dictators of the past hundred years.

A strongman is a male leader who finds ways (that happen to be nefarious) to maximize and maintain his power; including: causing needless deaths and ruined lives in the forms of propaganda (repeated scapegoating, generating crises and other brainwashing techniques), waging war, engaging in sexual conquests, seeking political dominance and enriching himself, usually through looting resources from the territory or territories he rules.

In October 1922, in an Italy of about forty million people, approximately thirty thousand people comprising the Fascist Party appointed Mussolini as prime minister. In the next two decades, in order to rule by fear and force, Mussolini formed various political and military groups, and passed laws that violated human rights. He incited excessive violence, and had dissidents killed.

In July 1925, Mussolini pardoned all political criminals (those who would help him stay in power). But by 1926, he had run out of money. Fortunately for him, he had friends in high places. Thomas Lamont– his contact at the American financial institution, J.P. Morgan, arranged a loan of one hundred million dollars for him. At that time, Hitler actually looked up to Mussolini and eventually got friendly with him, in order to get mentored. By 1933, the German industrialists had fallen for Hitler’s populist rhetoric.

In 1965, Mobutu, who engaged in drugs and arms sales, (with the help of the CIA) came to power in Zaire. He, along with a number of other dictators, had been war heroes, so they had military backing. Beginning in 1969, oil money allowed Gaddafi to give his government a socialistic bent– funding Libyans’ education, housing and other basic needs.

In 1994, Italy’s Berlusconi controlled very nearly all the messaging heard and seen by his people. He crafted laws to: give himself a get-out-of-jail-free card, and his businesses, to weasel out of legal and financial trouble. His propaganda screamed that immigrants were criminals. Gaddafi and Berlusconi (who should have been enemies) became besties– keeping their friends close and their enemies closer. Libya got weapons from Italy, and Italy got oil from Libya.

In Trump’s United States, “Women advance their careers by making it easier for the leader and his inner circle to harm other women.” Another strongman technique Trump uses is to put his assets in foreign bank accounts. In 2014, Eric Trump said, “We [Trump Organization] don’t rely on American banks. We have all the funding we need from Russia.”

Like Berlusconi, Trump and his media outlet, Fox News, have repeatedly, emphatically smeared immigrants as criminals, and he has used his military, ICE, to detain or deport them. The author named locations of various detention camps that had inhumane conditions: in Florida– Homestead, and in Texas– Clint, McAllen, Rio Grande, and El Paso del Norte.

In sum, once the strongman has stolen all he can get from his citizens, his next tricks are to negotiate a peace treaty and schedule elections.

Read the book to learn much more about how the above-named and a few others have used strongman tactics to turn into not-so-benign dictators.

ENDNOTE: Here’s a song that describes Trump’s strongman tactics.

MODERN STRONGMAN

sung to the tune of “Modern Woman” with apologies to Billy Joel and to whomever else the rights may concern.

You see Trump on the idiot box touting his high-tech war-toys of his cronies’ design.

With his continual cruel smears he aggravates the tension. Tries to save face while losing his mind.

Now Trump’s in trouble. He fired all the intellectuals. He always figures voters aren’t very smart.

Or maybe he hopes his hype covers up his conflicts. Oh, he’s got to use PR tricks ’cause his wrongdoing’s off the charts.

He always puts on an ACT of ranting-frat-boy modern strongman. And he’s an old fascist man. He understands just what he’s doing. He’s a modern strongman.

His mean streak is exceptionally unprofessional. He’s got a lot of cockiness, it’s easy to see. You don’t want to be rude but you get so furious when he’s so injurious to American democracy.

He’s got bile and he’s got billionaires’ money and lots of attorneys so his-foes, he quickly disarms. His slow rise means you may not realize, YOU’RE jeopardized by his gradual harm.

He’s got his plan of attack and got the power-play knack of modern strongman. And he’s an old fascist man. He understands just what he’s doing. He’s a modern strongman.

The king won’t die. There is no president. He says he loves you but he treats you unkind. In the morning he detains you. You’re accused by your neighbors. It’s a cagey situation for an old fascist guy.

Times have changed, and you cry in vain, lately. He’s become extreme in his bad attitude. His cock-and-bull just used to be for kicks. But now he controls your politics. After 2026, you might get a clue.

You can’t relax and face the facts of modern strongman. And he’s an old fascist man, he forces your hand in the things he’s doing.

He’s a modern strongman. He’s a modern strongman.

He’s got the sociopathic zip that allows the grip of the modern strongman.

Blind Spots

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“The media clapped like seals congratulating the researchers. Reporters amplified the study’s conclusion, even thought they hadn’t yet seen the actual data… the media promoted whatever health authorities said, rarely challenging them or publishing quotes from dissenting experts.”

For decades now, such are the sound bites emanating from communications sources, telling people about alleged medical-research results or medical recommendations; information that is distorted at best, and is even harmful to the population.

The Book of the Week is “Blind Spots, When Medicine Gets It Wrong, and What it Means for Our Health” by Marty Makary, MD, published in 2024. This slightly sloppily edited volume contained anecdotes of wrongheaded messaging of medical “experts” that resulted in numerous needless deaths and ruined lives. Not to mention lawsuits.

In 2000, the American Academy of Pediatrics (AAP) told Americans that an infant should not be fed any peanut butter or products with any peanuts– as the child would develop a peanut allergy. The AAP should have made the opposite recommendation, as their reasoning was backwards.

Makary saw that the AAP’s board of messengers were mostly dieticians and had little or no immunology knowledge! For fifteen years, many pediatricians blindly obeyed the AAP, and told their patients to avoid peanuts. Those patients developed extreme (life-threatening) peanut allergies that had to be treated with exorbitantly priced EpiPens. The experts with whom Makary spoke– who claimed to know what caused a peanut allergy, were later promoted and got awards in their respective careers.

The above happens frequently in the medical industry. For decades, arrogant medical authorities also told people that opioids aren’t addictive. To combat a myth such as this, the author and his colleagues started a website, “Sensible Medicine” but a drawback is that one of the types of people (a closed-minded, cocky medical professional) who could benefit from the site, won’t read it!

The author wrote that Big Pharma shies away from funding research that doesn’t involve intellectual property from which it can make big bucks. Thus, funding was stopped for a non-mRNA technology flu vaccine (one covering many flu strains)– because it wouldn’t have to be administered annually, and wouldn’t pay royalties to anyone.

Meanwhile, the media continue to spout their staged and scripted reality shows of political soap-operas whose issues affect a tiny percentage of ordinary Americans, while America’s broken healthcare system continues to cause the deaths of, and bankrupt numerous people every day.

Read the book to learn of many more healthcare abominations borne of greed, and dogma, and how healthy skepticism is a good thing.