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

                    Copyright Declaration                                                                                                                                       John W. White    March 29, 2013

Astroworld Crowd Crush caused by Fraud 211109
November 9, 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 11/9/21


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)


The Criminals in Washington could cause more Crowd Crush incidents like the one in Houston on November 5, 2021 because they have printed
$159.3 Trillion of counterfeit money to produce many extravagant, massive, dense, and in this case, raucus entertainment venues all over the planet!


The Astroworld Festival would not have even happened if the corrupt
U.S. Government was not fraudulently borrowing an infinite amount of counterfeit money from the future Americans and giving it to the U.S. upper class!


DW.com NEWS
Houston: 8 dead in crowd surge at music festival
Around 50,000 people were attending the Astroworld Festival organized by rapper Travis Scott when some of the crowd rushed the stage. Scott said he's "absolutely devastated" by what took place.


At least eight people died Friday during a crush at a music festival in Houston, Texas, local media reported, citing police.


Authorities said scores of people were injured after some in the audience rushed toward the stage at the Astroworld Festival in the city's NRG Park.


What do we know about the incident?


The surge began around 9 p.m. Friday night local time (0200 UTC Saturday).


People began to fall unconscious, and the mayhem escalated until 9:38 p.m. when a mass casualty incident was triggered, authorities said.


"We had at least eight confirmed fatalities tonight and scores of individuals that were injured," Houston Fire Chief Samuel Pena said.


Pena described how a compression of the crowd toward the stage occurred while American rapper Travis Scott was performing.


The corrupt U.S. Government is “cooking the books” to print an infinite amount of counterfeit money by borrowing it from the future Americans so the current Americans do not have to work for a living, can buy an unlimited amount of stuff and not have to pay for it, can have an unlimited travel budget, and can have an unlimited entertainment budget! This will produce increasingly congested travel paths and increasingly congested entertainment venues which will create increasingly frustrated travelers and increasingly frustrated event goers!


Traveling and going to extravagant entertainment events and venues will not be nearly as attractive when it becomes evident that what seems like an infinite number of people have already uses their counterfeit money to make their reservations for your travel and entertainment destination before you did!


Live Nation, the owner of Astroworld, is creating massive counterfeit wealth for their entertainers and for their investors simply because the corrupt U.S. Government has fraudulently borrowed $159.3 Trillion of counterfeit money from the future Americans so the current Americans can pay $237 a ticket to Astroworld and 100,000 tickets can be sold in the first hour!


With an infinite amount of counterfeit travel and entertainment money, Planet Earth cannot make enough cars, cannot make enough airplane seats, cannot make enough hotel rooms, cannot make enough fancy restaurants and bars, cannot make enough cruise ships, cannot make enough casinos, cannot make enough luxury rental properties, cannot make enough luxury resorts, cannot make enough luxury sports stadiums, cannot make enough luxury country clubs and golf courses etc. etc. etc. to meet the demand!


The corrupt U.S. Government is creating financial and economic chaos and even physical chaos by printing an infinite amount of counterfeit money! Printing an infinite amount of counterfeit money causes people to live, work, and play closer and closer together that, in extreme concentrations like the Astroworld incident, can lead to catastrophic physical mishaps!


I contend that the corrupt U.S. Government is the primary culprit in the Astroworld Crowd Crush incident by fraudulently printing an infinite amount of counterfeit money to produce this raucus and rowdy crowd of concert goers many of whom, maybe even most, do not have a productive and self-sustaining job!


The corrupt U.S. Government has destroyed the value of labor by printing an infinite amount of counterfeit money and giving it to the U.S. upper class! The corrupt U.S. Government has destroyed any semblance of fairness and equality in America by printing an infinite amount of counterfeit money and giving it to the U.S. upper class


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 $159.3 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 $159.3 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 fraudulently pay for a whole-hell-of-a-lot more travel and entertainment 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  $29.0 Trillion 
Cash Deficit in FY2022  $2.79 Trillion 
GAAP Deficit in FY2022 
$17.01 Trillion 
US Unfunded Future Liabilities  $130.3 Trillion 
US Unfunded Liabilities (GAAP)  $159.3 Trillion 
Imaginary-Counterfeit Money 
$159.3 Trillion 
US Total National Assets 

$201.7 Trillion 

Source: www.usdebtclock.org November 9, 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