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

                    Copyright Declaration                                                                                                                                       John W. White    March 29, 2013

Avis Budget Insanity caused by US Gov Fraud 211102
November 2, 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 11/2/21


We live on a Planet of Fools! And the corrupt U.S. Government is happy to fool the fools!


Avis Budget appears to be extremely valuable this morning because the corrupt U.S. Government is printing an infinite supply of counterfeit money and giving it to the U.S. upper class!


The corrupt U.S. Government has inverted the global monetary system by “cooking the books”! We are now operating the global economy on the counterfeit money that the corrupt U.S. Government is fraudulently borrowing from the future Americans!




Avis Budget stock price was up 180% this morning because the U.S. Government is “cooking the books”!


The corrupt U.S. Government has fraudulently borrowed $159.2 Trillion of counterfeit money from the future Americans and given it to the U.S. upper class so the entire planet has tons of counterfeit money so we can travel and never have to pay for it!


This is stupidity! This is insanity! This is insanity on steroids!  This is stupidity on steroids!


Very few people on Planet Earth could afford to travel if the U.S. Government was telling the truth!


We are paying outrageous prices to rent cars from Avis Budget with the $159.2 Trillion of counterfeit money that the corrupt U.S. Government has fraudulently borrowed from the future Americans!


The Avis Budget shorts have it right, Avis Budget will go out of business when this U.S. Government corruption is exposed!


The Avis Budget shorts are getting killed because our corrupt U.S. Government is hoodwinking the entire planet!


The U.S. Government is corrupt and the SEC and the Fed either do not have good common sense (aka stupid) or they are in cahoots with the corrupt U.S. Government!


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 travel extravagantly on 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 rent a whole-hell-of-a-lot more cars from Avis Budget 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 
$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 

$201.2 Trillion 

Source: www.usdebtclock.org November 2, 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