Bezos-Musk got a lot richer in 2020 210105
January 5, 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 1/5/21
Jeff Bezos and Elon Musk got a lot richer in 2020 because the U.S. Government is corrupt! The corrupt U.S. Government is printing counterfeit money, so far $158.5 Trillion, and giving it to Bezos, Musk, and all of the U.S. upper class!
The Washington Post
World’s richest men added billions to their fortunes last year as others struggled
Billionaires have added about $1 trillion to their total net worth since the pandemic began
By Christopher Ingraham
Jan. 1, 2021 at 5:00 a.m. CST
The pandemic has forced untold hardships onto many Americans, with tens of millions of families now reporting that they don’t have enough to eat and millions more out of work on account of layoffs and lockdowns.
America’s wealthiest, on the other hand, had a very different kind of year: Billionaires as a class have added about $1 trillion to their total net worth since the pandemic began. And roughly one-fifth of that haul flowed into the pockets of just two men: Jeff Bezos, chief executive of Amazon (and owner of The Washington Post), and Elon Musk of Tesla and SpaceX fame.
Jeff Bezos and Elon Musk appear to be getting filthy (infinitely) rich because the corrupt U.S. Government is in the process of fraudulently borrowing/stealing an infinite amount of money, so far $158.5 Trillion, from the future Americans, money the future Americans do not have, and giving it to the U.S. upper class by undertaxing them!
This dramatic divergence of fortunes between the haves and the have-nots is caused by fraud and corruption within the U.S. Government! The corrupt U.S. Government has fraudulently borrowed/stolen $158.5 Trillion of counterfeit money, I call it imaginary-counterfeit money, from the future Americans and given it to the U.S. upper class so Americans, primarily the U.S. upper class, can buy a lot of stuff from Amazon and a lot of cars from Tesla without having to pay for any of it!
Americans are in the process of buying an infinite amount of stuff from Amazon with the infinite supply of imaginary-counterfeit money that the corrupt U.S. Government is stealing from the future Americans and giving to the U.S. upper class!
Americans are in the process of buying an infinite number of cars from Tesla with the infinite supply of imaginary-counterfeit money that the corrupt U.S. Government is stealing from the future Americans and giving to the U.S. upper class!
The apparent wealth of Jeff Bezos and Elon Musk is a hoax played on Jeff, Elon, and the rest of the planet by the corrupt U.S. Government!
The real net worth of Jeff and Elon is essentially ZERO because the future Americans do not have an infinite supply of real money!
The following commentaries explain this fiscal and accounting fraud that I call USAPonzi!
USAPonzi-The Great American Fraud
Whistleblower Letter #3 to U.S. General Public
Whistleblower Letter #6 to Congress
The devastating impact of this accounting fraud on Planet Earth is summarized in my Oct 1, 2020 commentary.
Quintet of Global Crises (Economy, Climate, Health, Hunger, Depression)
|Cash Deficit in FY2021
|*GAAP Deficit in FY2021
|US Unfunded Future Liabilities
|US Unfunded Liabilities (GAAP)
|Total National Assets
Source: www.usdebtclock.org January 5, 2021
The current fiscal policy of the corrupt U.S. Government, I call it USAPonzi, is Destroying Planet Earth!
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