The Biggest Ponzi Scheme on the Planet-The U.S. Government
"American Economic Exceptionalism Explained"  USAPonzi    Copyright Declaration     by John W. White   Mar 29, 2013

Affordable Care Act is not Affordable 201112
November 12, 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 11/12/20



The Republicans and the Democrats have been arguing about the Affordable Care Act for several years now and they have both been wasting their time!


The Affordable Care Act is not affordable!


Healthcare for All is not affordable!


The U.S. Government does not have the money to pay for the healthcare for anybody!


The U.S. Government does not have the money to pay for its basic operating expenditures!


The U.S. Government has National Debt of $27.2 Trillion!


The U.S. Government can never pay back this National Debt!


The U.S. Government has Unfunded Future Liabilities of $128.3 Trillion!


The U.S. Government can never pay these Unfunded Future Liabilities!


But the U.S. Government still manages to print $155.5 Trillion of imaginary-counterfeit money to appear to make the U.S. upper class filthy rich!


The corrupt U.S. Government is using fraudulent accounting to make it appear like the U.S. Government can pay for things we cannot afford! The corrupt U.S. Government is running a classic Ponzi scheme, I call it USAPonzi, that is printing counterfeit money, I call it imaginary-counterfeit money, so far $155.5 Trillion, that makes America appear to be the richest and most prosperous country on the planet!


The fiscal policy of the corrupt U.S. Government is a farce! The fiscal policy of the corrupt U.S. Government is a hoax!


The real income of the U.S. Government is trivial compared to the real spending of the U.S. Government!


The corrupt U.S. Government is committing a fiscal and accounting fraud that dramatically overstates its real income and understates its real spending!


The U.S. Government is not operating its fiscal policy with proper GAAP Accounting and until it starts using honest accounting, we will have no clue what is affordable and what is not!


We have not used real money to pay for the healthcare that the U.S. Government has allegedly provided for the last several decades! We have been treating the U.S. Government like a bottomless ATM machine since FY1969 to create the illusion of wealth and prosperity in America!


The Democrats and the Republicans need to start telling the truth so they can stop the pointless arguing!


It is hard to tell what is truth when both parties are lying!


The
corrupt U.S. Government is causing the global economy and financial system to be operating in a chaotic state by committing a fiscal and accounting fraud! The corrupt U.S. Government has printed $155.5 Trillion of imaginary-counterfeit money and given it to the U.S. upper class which is the major contributor to this chaotic state!


This accounting fraud, that I call USAPonzi, has set the stage for The Blackest Black Swan event since Noah's Flood!


See USAPonzi-The Great American Fraud!
See Whistleblower Letter #6 to the U.S. Congress!
See Quintet of Global Crises (Economy, Climate, Health, Hunger, and Depression)!

 

US National Debt  $27.2 Trillion 
Cash Deficit in FY2021  $3.19 Trillion 
GAAP Deficit in FY2021  $7.30 Trillion 
US Unfunded Future Liabilities  $128.3 Trillion 
US Unfunded Liabilities (GAAP)  $155.5 Trillion 
Imaginary-Counterfeit Money  $155.5 Trillion 
US Total National Assets  $156.3 Trillion 

Source: www.usdebtclock.org November 12, 2020
*GAAP Deficit-current

I have written two websites (www.usaponzi.net and www.usaponzi.com) and eight books that explain this Ponzi scheme/fraud 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
Plano, TX