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

                    Copyright Declaration                                                                                                                                       John W. White    March 29, 2013

Apple-Amazon-Cramer Fooled by Fraud 211029
October 29, 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 10/29/21


Jim Cramer
, expert commentator on CNBC, has been fooled by the corrupt U.S. Government!


The corrupt U.S. Government is printing counterfeit money to make the stock market, including Apple and Amazon, go up and Jim Cramer has not yet discovered this trick by the
corrupt U.S. Government!


The corrupt U.S. Government has fraudulently borrowed $159.1 Trillion of counterfeit money from the future Americans and given it to the
U.S. upper class so the entire planet can buy stuff from Apple and Amazon with monopoly money and Cramer still thinks the companies' problems are temporary!


We live on a Planet of Fools and Cramer is a Fool!



CNBCMad Money
Cramer reacts to Apple and Amazon’s earnings, says the companies’ problems are temporary
PUBLISHED THU, OCT 28 2021
Kevin Stankiewicz
KEY POINTS
--CNBC’s Jim Cramer reacted Thursday to the disappointing quarterly results from Apple and Amazon.
--The “Mad Money” host said the issues hitting both companies are likely temporary.
AMZN-135.18 (-3.92%)  AAPL-5.45 (-3.57%)



Amazon and Apple’s problems in their latest quarters are likely temporary, Cramer says.


CNBC’s Jim Cramer reacted Thursday to the disappointing quarterly results from Apple and Amazon, suggesting the issues the companies faced do not alter the long-term investment thesis.


Shares of both Apple and Amazon were down more than 3% in after-hours trading as investors digested the quarterly numbers.


Apple
  and Amazon are both worth essentially nothing and Jim Cramer cannot see how the corrupt U.S. Government is tricking the entire planet by “cooking the books” to make Apple and Amazon look like they are worth Trillions!


Very few people on Planet Earth have enough real money to buy stuff from either Apple or Amazon
The corrupt U.S. Government has fraudulently fixed(?) this problem by fraudulently borrowing an infinite amount of counterfeit money from the future Americans and giving it to the U.S. upper class!


Apple
, Amazon, Jim Cramer, Wall Street, and possibly even the U.S. Government have all been
fooled by the corrupt U.S. Government!


The corrupt U.S. Government is “cooking the books” by promising the U.S. general public future benefits but is not taxing the U.S. upper class to accrue the money to pay for these future benefits! The U.S. upper class has been undertaxed by $159.1 Trillion giving the U.S. upper class $159.1 Trillion of counterfeit money!


The corrupt U.S. Government is “cooking the books” to fraudulently borrow an infinite amount of counterfeit money from the future Americans and give it to the U.S. upper class so the entire planet can buy an infinite amount of stuff from Apple and Amazon and charge these purchases to the future Americans!


The corrupt U.S. Government has fraudulently borrowed $159.1 Trillion of counterfeit money from the future Americans so Apple can fraudulently sell enough stuff to give Apple a market cap of $2.43 Trillion of counterfeit money when Apple's real value is essentially ZERO!


The corrupt U.S. Government has fraudulently borrowed $159.1 Trillion of counterfeit money from the future Americans so Amazon can fraudulently sell enough stuff to give Amazon a market cap of $1.68 Trillion of counterfeit money when Amazon's real value is essentially ZERO!


Neither
Apple nor Amazon could sell hardly anything if we had to buy the stuff with real money! But when the corrupt U.S. Government pretends like it can borrow an infinite of money from the future Americans, both Apple and Amazon can sell an infinite amount of stuff!


The corrupt U.S. Government has pulled $159.1 Trillion out of a hat and given it to the U.S. upper class so the entire planet can buy an awful lot of stuff from Apple and Amazon!


When Planet Earth realizes that this is a
$159.1 Trillion
criminal act by the corrupt U.S. Government, the stock market will crash by 95-100%!


Apple
, Amazon, Jim Cramer, and all of Wall Street have been fooled by the U.S. Government “cooking the books”!


We live on a Planet of Fools and Jim Cramer is a Fool claiming to be an expert!


But in the defense of Jim Cramer, a whole lot of people have been fooled by the trickery of the corrupt U.S. Government!


But with just a little bit of common sense, one might ask yourself “where are we getting all of the money to buy 1.9 billion iPhones?”


The answer is this “the corrupt U.S. Government is fraudulently borrowing it from the future Americans”!


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 $159.1 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 a whole-hell-of-a-lot of stuff from Apple and Amazon 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 $159.1 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 stuff from Apple and Amazon with a Quadrillion dollars of imaginary-counterfeit money!





My 16th whistleblower letter to my congressman Van Taylor 211012 explains the epic financial, economic, physical, and humanitarian disaster that is just ahead for Planet Earth because of the 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 
$7.30 Trillion 
US Unfunded Future Liabilities  $130.2 Trillion 
US Unfunded Liabilities (GAAP)  $159.1 Trillion 
Imaginary-Counterfeit Money 
$159.1 Trillion 
US Total National Assets 

$200.8 Trillion 

Source: www.usdebtclock.org October 29, 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.


My commentary Fed-Asleep At The Switch 210901 gives a summary of the issues that this Ponzi scheme/accounting fraud is causing!


John W. White

Plano, TX