Journal: Rolfe Winkler on Buffet’s Betrayal

03 Economy, Commercial Intelligence
Full Story Online
Full Story Online

Phi Beta Iota Editorial Comment: Warren Buffet is a fraud–so is George Soros and all the other allegedly “for the people” individuals who ultimately put personal profit above the public good.  Congress and the White House serve these people, not We the People, and that is the root cause of America’s demise.

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When I was 14, Warren Buffett wrote me a letter.

It was a response to one I’d sent him, pitching an investment idea.  For a kid interested in learning stocks, Buffett was a great role model.  His investing style — diligent security analysis, finding competent management, patience — was immediately appealing.

Buffett was kind enough to respond to my letter, thanking me for it and inviting me to his company’s annual meeting.  I was hooked.  Today, Buffett remains famous for investing The Right Way.  He even has a television cartoon in the works, which will groom the next generation of acolytes.

But it turns out much of the story is fiction.  A good chunk of his fortune is dependent on taxpayer largess. Were it not for government bailouts, for which Buffett lobbied hard, many of his company’s stock holdings would have been wiped out.

. . . . . . .

But there’s nothing fair about Buffett getting a bailout, about exploiting the taxpaying public for his own gain.  The naïve 14-year-olds among us thought he was better than this.

What would Ben Graham say?

Threat Archives on Public Intelligence (1992-2006)

Threats

2004

NO

ThreatBjorgoRoot Causes of Terrorism

2004

US

ThreatKaplanThe Saudi Connection to Terrorism

2004

US

ThreatKnappAl Qaeda and the Mass Media (PSYOP Briefing)

2004

US

ThreatKnappAl Qaeda and the Mass Media (Reference)

2004

US

ThreatKnappDistortion in Islam and Jihad

2004

US

ThreatKnappDiversity in Islam

2006

US

ThreatDalyAl Qaeda Against Saudi Oil

2006

US

ThreatJohnsonBattle of Algiers and Its Lessons

2006

US

ThreatSeagravesGold Warriors: New Epilogue, Further of US Theft of WWII Gold Loot

2006

US

ThreatSeagravesGold Warriors New Chapter Seventeen

2006

US

ThreatSteeleWho Is to Blamce?  The Vice President and Us

2006

US

ThreatSternAl Qaeda Approach to US Muslims

2006

UK

ThreatStoryCrunch Time for CIA, Banks, and Related Thieves of $742 Trillion

2005

US

ThreatEllisScenarios for Next Generation Crises in Latin America

2005

US

ThreatGAOGAO Report: US Not Addressing Islamic Fundamentalism

2005

US

ThreatOSSSomalia Piracy Quick Report

2005

US

ThreatOSSReport on Remote Detonation of Improvised Explosive Devices

2005

US

ThreatOSSPRC Trade in Latin America

2005

US

ThreatRay & GrossThe Perfect Storm

2005

US

ThreatSteeleWorksheet for Book Review on Crossing the Rubicon

2005

US

ThreatSteeleMother Nature as Terrorist

2005

US

ThreatSteele9-11: Who’s To Blame?  One Man’s Opinion

2005

US

ThreatThompsonIs the Terrorism Threat Over-Rated?

2004

US

ThreatDalyGlobalization & National Defense (Ecological Economics)

2004

US

ThreatLouisianaPre-Hurricane Katrina Study and Conclusions

2004

US

ThreatPalmerThe Real Axis of Evil: 44 Dictators

2004

US

ThreatPetersEarly Warning of Disease From Pattern Analysis

2004

US

ThreatSeagraveTranscript of Video on Stolen Gold Held by US Treasury & Citi-Bank

2004

US

ThreatVlahosAttachment to the Muslim Renovatio Memorandum

2004

US

ThreatVlahosThe Muslim Renovatio and U.S. Strategy

2004

US

ThreatVlahosThe Muslims Are Coming

2004

US

ThreatVlahosInsurgency Within Islam

2003

US

ThreatDanzipCountering Traumatic Attacks

2003

PRC

ThreatOSSPRC Treaty & Trade Penetration of Latin America

2002

US

ThreatEmerson & SteeleAmerican Jihad Map

2002

US

ThreatSteeleACFR, 19 Cities: 9-11, U.S. Intelligence, & the Real World

2000

US

ThreatSteeleGeorgetown/AWC: Non-Traditional Threats

1998

US

ThreatSteeleTAKEDOWN: Targets, Tools, & Technocracy

1994

US

ThreatSteele6th National Threat Symposium: New Directions in Information Sharing

2005

NGO

ThreatNGOChanging Face of Global Violence

2005

NGO

ThreatNGOHuman Security Audit

2004

US

ThreatPeltonRobert Young Pelton on Dangerous World

2004

US

ThreatSteeleThree Book Review Relevant to Global War on Terror (GWOT)

2003

US

ThreatCopelandAnalysis of the New Paradigm for Terrorism

2003

US

ThreatManwaringStreet Gangs: New Urban Insurgency

2003

US

ThreatManwaringWar & Conflict: Six Generations

2003

US

ThreatPeltonSummary of Presentation on World’s Most Dangerous Places

2002

US

ThreatBettsThe Next Intelligence Failure: The Limits of Prevention

2002

NL

ThreatJongmanWorld Conflict and Human Rights Map 2001-2002

2002

US

ThreatWheatonTransitions from Authoritarian Rule: A Model

2002

US

ThreatWheatonVirtual Afghanistan: Modeling a Transition from Authoritarian Rule

2001

US

ThreatGodsonGovernments and Gangs

2001

US

ThreatHeidenrichEarly Warning & Complex Monitoring of Ethnic Genocide (Slides)

2001

US

ThreatHeidenrichEarly Warning & Complex Monitoring of Ethnic Genocide (Text)

1998

US

ThreatTransnational Enemies: Threats Without Names

1998

US

ThreatGlaebusMetaphors & Modern Threats: Biological, Computer, Cognitive Viruses

1997

US

ThreatFialkaWar by Other Means: Economic Espionage In (Against) America

1997

US

ThreatSchwartauInformation Warfare: The Weapons of the Information Age

1997

US

ThreatTenneyCyber-Law and Cyber-Crime: Spamming Methods and Costs

1996

US

ThreatKeuhlSchool of Information Warfare Threat and Strategy: Shifting Paradigms

1996

US

ThreatO’MalleyCountering the Business Intelligence Threat

1996

US

ThreatStrassmannU.S. Knowledge Assets: The Choice Target for Information Crime

1996

US

ThreatWinklerElectronic Industrial Espionage: Defining Ground Zero

1994

US

ThreatWhitney-SmithRefugees: Weapon of the Post Cold War World–Counter Offensive: IW

Review: Corporate Espionage–What It Is, Why It’s Happening in Your Company, What You Must Do About It

4 Star, Crime (Corporate), Intelligence (Commercial)

Amazon Page
Amazon Page

4.0 out of 5 stars Insider Threat, and Poor Management = Major Losses,

April 8, 2000
Ira Winkler
Ira, a former National Security Agency professional, made a name for himself in his second career as a corporate electronic security specialist by using a combination of common sense and basic work-arounds to penetrate and download millions if not billions of dollars worth of corporate research and development-always at the company’s request, and generally with astonishing results. From his antics as a “temp” hire gaining access within two days, to his more systematic attacks using all known vulnerabilities including factory-shipped system administrator passwords that were never changed, he has exposed in a very practical way the “naked emperor” status of corporate America.
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