USAPonzi-The Biggest Ponzi Scheme on the Planet-The U.S. Government

                    Copyright Declaration                                                                                                                                       John W. White    March 29, 2013

All Time High-All Time High-All Time High 211104
November 4, 2021
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 11/4/21


I am a whistleblower! The U.S. Government is corrupt! The corrupt U.S. Government is “cooking the books”! (See USAPonzi-The Great American Fraud)


We live on a Planet of Fools!


While it appears this way, I cannot possibly be the only person on Planet Earth that knows that the corrupt U.S. Government has stolen $159.2 Trillon of imaginary-counterfeit money from the future Americans and given it to the U.S. upper class!


Market
Watch
Market Snapshot
Dow, S&P 500, Nasdaq end at all-time highs, extending win streak as traders wait for outcome of Federal Reserve policy meeting
Nov. 2, 2021


All Time High, All Time High, All Time High is now a constant cadence coming out of CNBC! Individual stocks and the stock indices seem to be constantly hitting new all time highs!


This is very easily explained.


The corrupt and criminal U.S. Government is “cooking the books” to print an infinite amount of counterfeit money, I call it imaginary-counterfeit money, by fraudulently borrowing it from the future Americans and giving it to the U.S. upper class!


America, especially the U.S. upper class, is getting rich and the stock market keeps going up because the corrupt U.S. Government is fraudulently borrowing money from the future Americans and giving it to the U.S. upper class by undertaxing them!


The following chart shows how the corrupt and criminal U.S. Government started fraudulently borrowing money from the future Americans in 1969 and giving it to the U.S. upper class and since that time it has been up, up, and away for the stock market and the wealth of the U.S. upper class!


As of today, the corrupt U.S. Government has fraudulently borrowed $159.2 Trillion from the future Americans and given it to the U.S. upper class! But the sky is the limit for the stock market and the wealth of the U.S. upper class if the corrupt U.S. Government keeps on “cooking the books”!



It would be easy to get rich if you could just borrow an infinite amount of money from your kids, your grandkids, and your great grandkids! The corrupt and criminal U.S. Government has been doing just that for the last 53 years! The corrupt and criminal U.S. Government is fraudulently borrowing money from the future Americans, money the future Americans do not have, and giving it to the U.S. upper class by undertaxing them!


I am a
whistleblower! The U.S. Government is corrupt! The corrupt U.S. Government is “cooking the books”!


The corrupt U.S. Government is committing a fiscal and accounting fraud, I call it USAPonzi, by not operating its fiscal policy with proper accrual accounting! The corrupt U.S. Government has fraudulently borrowed $159.2 Trillion (US Unfunded Liabilities (GAAP)) from the future Americans and given it to the U.S. upper class by undertaxing them so the entire planet can buy expensive cars and expensive shoes with monopoly money!


The corrupt U.S. Government is not operating its fiscal policy with proper accrual accounting (GAAP Accounting) and as a result is running a classic Ponzi scheme, I call it USAPonzi, that is in the process of printing an infinite amount of counterfeit money, I call it imaginary-counterfeit money, by fraudulently borrowing it from the future Americans, money the future Americans do not have, and giving it to the U.S. upper class by undertaxing them!


This fraud was started in 1969 when a scoundrel, Lyndon Baines Johnson, proposed and the corrupt U.S. Congress approved the Unified Budget but did not switch from Cash Accounting to GAAP Accounting that would properly accrue the money to pay future U.S. Government benefits to the U.S. general public!


The following chart shows how the corrupt U.S. Government started fraudulently borrowing imaginary-counterfeit money from the future Americans in 1969 and, so far, has fraudulently borrowed $159.2 Trillion of imaginary-counterfeit money from the future Americans and given it to the U.S. upper class!


This chart also gives a graphical projection of how the corrupt U.S. Government, with the current Ponzi scheme fiscal policy, could fraudulently borrow over a Quadrillion dollars (a thousand Trillion dollars) of imaginary-counterfeit money from the future Americans by 2041 and give it to the U.S. upper class so the entire planet can buy a whole-hell-of-a-lot more oil and gas with a Quadrillion dollars of imaginary-counterfeit money!





My commentary PEMMA-Planet Earth Man-Made Apocalypse 211101 explains the epic financial, economic, physical, and humanitarian disaster that is just ahead for Planet Earth because of this corruption within the U.S. Government!


The fools on Wall Street have been fooled by the criminals in Washington! In the defense of Wall Street, the corrupt U.S. Government may have fooled itself! We do not yet know if the people in the U.S. Government are accidental fools or intentional criminals! I suggest that we have some of each but they are all criminals whether they know it or not!

 

US National Debt  $28.9 Trillion 
Cash Deficit in FY2022  $2.79 Trillion 
GAAP Deficit in FY2022 
$19.20 Trillion 
US Unfunded Future Liabilities  $130.3 Trillion 
US Unfunded Liabilities (GAAP)  $159.2 Trillion 
Imaginary-Counterfeit Money 
$159.2 Trillion 
US Total National Assets 

$201.3 Trillion 

Source: www.usdebtclock.org November 4, 2021


I have written two websites (www.usaponzi.net and www.usaponzi.com) and eight books that explain USAPonzi and the impact it is having on Planet Earth. My latest book (USAPonziE) is available on Amazon and can be downloaded from my websites in pdf format.


John W. White

Plano, TX