Abu Dhabi-Mistakenly Built by Fraud 201101
November 1, 2020
Emailed to United Nations, Fed Chair Jay Powell, Minneapolis Fed President Neel Kashkari, Dallas Fed President Robert Kaplan, Congressman Van Taylor, Congressman Colin Allred, Senator John Cornyn, Senator Ted Cruz, The U.S. SEC, NYT/WSJ/WP/CNBC/DMN on 10/30/20
Abu Dhabi, UAE is considered by many to be the richest and most sumptuous city in the world because the United Arab Emirates hold 5.9% of the proven oil reserves in the world!
However, the rich and sumptuous city of Abu Dhabi has been mistakenly built by U.S. Government fiscal and accounting fraud!
A lot of people are going to be “MAD-AS-HELL” at the corrupt U.S. Government when they find out about this accounting fraud!
Abu Dhabi is one of the richest cities in the world
IT’S one of the richest cities in the world but it’s often overshadowed by its louder neighbour. Dripping in wealth it’s where the rich go to play.
This opulent city has been mistakenly built by the U.S. Government fiscal and accounting fraud that I call USAPonzi! This opulent city has been built with money, so far $155.3 Trillion, that the corrupt U.S. Government has fraudulently borrowed from the future Americans!
The corrupt U.S. Government is in the process of fraudulently printing an infinite amount of counterfeit money, I call it imaginary-counterfeit money, so Americans can buy oil, and everything else, without having to pay for it! So far, the corrupt U.S. Government has printed $155.3 Trillion of imaginary-counterfeit money so we can buy oil from the UAE so they can build the sumptuous city of Abu Dhabi!
The corrupt U.S. Government gets this imaginary-counterfeit money by fraudulently borrowing it from the future Americans and the future Americans have a lot of imaginary-counterfeit money!
The corrupt U.S. Government is not operating its fiscal policy according to proper and Generally Accepted Accounting Principles (GAAP Accounting)!
Because the corrupt U.S. Government is not using proper GAAP Accounting it is running a classic Ponzi scheme, I call it USAPonzi, that is in the process of borrowing an infinite amount of money, I call it imaginary-counterfeit money, from the future Americans and giving it to the U.S. upper class so the current Americans, and everybody on Planet Earth, can buy a hell-of-a-lot of oil from the UAE without having to spend a penny of earned income!
GAAP basis deficit spending by the corrupt U.S. Government prints imaginary-counterfeit money and gives it to the U.S. upper class by undertaxing them! The U.S. upper class is getting filthy rich with imaginary-counterfeit money because the corrupt U.S. Government is in the process of deferring an infinite amount, so far $155.3 Trillion, of public liabilities (US Unfunded Liabilities (GAAP)) to the future Americans!
$155.3 Trillion of imaginary-counterfeit money can buy a hell-of-a-lot of oil and can build the opulent city of Abu Dhabi!
Abu Dhabi is a luxurious city built by U.S. Government accounting fraud that will become a luxurious ghost town when USAPonzi implodes!
See USAPonzi-The Great American Fraud!
See Whistleblower Letter #6 to the U.S. Congress!
See Cars, Airplanes, Tall Buildings, and Boomtowns 180515!
|US National Debt
|Cash Deficit in FY2021
|GAAP Deficit in FY2021
|US Unfunded Future Liabilities
|US Unfunded Liabilities (GAAP)
|US Total National Assets
Source: www.usdebtclock.org November 1, 2020
I have written two websites (www.usaponzi.net and www.usaponzi.com) and eight books that explain this Ponzi scheme and the impact it is having on Planet Earth. My latest book (USAPonziE) is available on Amazon and can be downloaded from my www.usaponzi.net website.
John W. White