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

Amazon Sales Surge by US Gov Fraud 210430
April 30, 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 4/30/21


Amazon is doing great because the corrupt U.S. Government is “cooking the books”!


Amazon is doing great because the current Americans are buying stuff from Amazon with the $162.9 Trillion of counterfeit money that the corrupt U.S. Government has fraudulently borrowed from the future Americans!


Amazon
is doing great because the corrupt U.S. Government has committed a $162.9 Trillion fiscal and accounting fraud!


The corrupt U.S. Government is cheating the U.S. general public by not accruing for future U.S. Government benefits so Amazon can appear to be worth $1.75 Trillion! That was the Amazon market cap at the market close on April 29, 2021!


Amazon's market cap will converge to INFINITY as long as the corrupt U.S. Government continues to operate this fiscal and accounting fraud!


Amazon's market cap will be essentially ZERO when this U.S. Government fiscal and accounting fraud is exposed!


Amazon just reported a sales surge! Amazon had outrageous gains in revenue and profit because the corrupt U.S. Government has fraudulently borrowed $162.9 Trillion of counterfeit money from the future Americans so the current Americans can buy a lot of stuff from Amazon!


The more the corrupt U.S. Government borrows from the future Americans the more the current Americans have to spend to buy stuff from Amazon! The corrupt U.S. Government is borrowing money from the future Americans that the future Americans do not have so the current Americans can keep on buying more and more stuff and charging it to the future Americans!


The corrupt U.S. Government is in the process of printing an infinite amount of counterfeit money so the entire planet can buy an infinite amount of stuff from Amazon!


Amazon has a bird's nest on the ground! The corrupt U.S. Government prints counterfeit money by borrowing money from the future Americans when the future Americans do not have any money so the current Americans can buy a lot of stuff from Amazon!


The stock market is a hoax because the corrupt U.S. Government has printed $162.9 Trillion of counterfeit money so the current Americans can buy stuff without having to pay for any of it!


GAAP Accounting, properly applied, would inform the corrupt U.S. Government that it has fraudulently borrowed $162.9 Trillion (US Unfunded Liabilities (GAAP)) from the future Americans so the U.S. upper class can get really rich and so Amazon can sell a whole-hell-of-a-lot of stuff!


Everybody on the planet can buy stuff from Amazon with counterfeit money that the corrupt U.S. Government is fraudulently borrowing from the future Americans!


CNBC Tech
Amazon sales surge 44% as it smashes earnings expectations
PUBLISHED THU APR 29, 2021
Annie Palmer
@ANNIEPALMER


KEY POINTS
Amazon released first-quarter results on Thursday that trounced analysts' expectations.


The company confirmed that this year's Prime Day will take place in June, which will likely help year over year comparisons for revenue in the second quarter.



Amazon shares climbed as much as 4% in extended trading Thursday after the company released its first-quarter earnings, beating Wall Street’s expectations for earnings and revenue.


Here’s how the e-commerce giant fared, relative to analyst estimates compiled by Refinitiv:


Earnings: $15.79 per share vs. $9.54 per share expected


Revenue: $108.52 billion vs. $104.47 billion expected


Few companies have benefited from the pandemic-fueled surge of online shopping as much as Amazon. Its first-quarter results showed the company’s business continues to be buoyed by the pandemic, with profits soaring 44% year-over-year to $108.5 billion.


Amazon’s guidance for the second quarter implies that it expects the momentum to continue, which should help allay investor fears that business could slow in a post-pandemic environment. The company expects to post revenue between $110 billion and $116 billion, surpassing Wall Street’s projection $108.6 billion.


The corrupt U.S. Government is “cooking the books” by not operating its fiscal policy with proper and Generally Accepted Accounting Principles (GAAP Accounting)! The corrupt U.S. Government is 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!


The corrupt U.S. Government 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, money the future Americans do not have, and giving it to the U.S. upper class!


So far, the corrupt U.S. Government has fraudulently borrowed $162.9 Trillion of imaginary-counterfeit money (US Unfunded Liabilities (GAAP)) from the future Americans and given it to the U.S. upper class so the current Americans can buy a lot of stuff from Amazon!


The following chart gives a graphical projection of how the corrupt U.S. Government could fraudulently borrow as much as a Quadrillion dollars (a thousand Trillion dollars) of imaginary-counterfeit money from the future Americans and give it to the U.S. upper class by 2040 if this accounting fraud is allowed to continue so we can keep buying more stuff from Amazon!






A Quadrillion dollars could buy a whole-hell-of-a-lot of stuff from Amazon!


Because the corrupt U.S. Government is not using proper GAAP Accounting to accrue for future U.S. Government benefits, usdebtclock.org estimates that the U.S. Government will borrow about $14.41 Trillion (GAAP Deficit in FY2021) of imaginary-counterfeit money from the future Americans in FY2021 so the current Americans can buy a lot of stuff from Amazon, cars, airplanes, houses etc etc!


This means that the corrupt U.S. Government is fraudulently borrowing about $40 Billion of imaginary-counterfeit money every day in FY2021 from the future Americans so the current Americans, primarily the U.S. upper class, can buy a lot more stuff from Amazon (GAAP Deficit in FY2021 = $14.41T/365 days = $39.48B/day)!


Amazon is doing great because the corrupt U.S. Government is “cooking the books”!



US National Debt  $28.2 Trillion 
Cash Deficit in FY2021  $3.25 Trillion 
GAAP Deficit in FY2021 
$14.41 Trillion 
US Unfunded Future Liabilities  $134.7 Trillion 
US Unfunded Liabilities (GAAP)  $162.9 Trillion 
Imaginary-Counterfeit Money 
$162.9 Trillion 
US Total National Assets 

$161.6 Trillion 

Source: www.usdebtclock.org April 30, 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 also be downloaded from my www.usaponzi.net website.


John W. White

Plano, TX