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

                    Copyright Declaration                                                                                                                                       John W. White    March 29, 2013

Billionaires and Paupers in America 211111
November 11, 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 11/11/21


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 are operating the U.S. Government fiscal policy with a fraudulent accounting system, cash accounting vs proper accrual accounting, that is fraudulently giving infinite counterfeit wealth to the U.S. upper class and is devastating the U.S. general public!


The criminals in Washington are intentionally and fraudulently creating Billionaires and Paupers in America!


The criminals in Washington are lying to and cheating the U.S. general public by promising future benefits to the U.S. general public but not taxing the U.S. upper class to accrue the money to pay these future benefits!


The criminals in Washington have been doing this for the last 53 years and have so far given the U.S. upper class $159.4 Trillion of counterfeit money and cheated the U.S. general public out of $130.4 Trillion of promised future benefits!


The corrupt U.S. Government is running a classic Ponzi scheme, I call it USAPonzi, that is fraudulently borrowing an infinite amount of counterfeit money from the future Americans, money the future Americans do not have, and giving it to the U.S. upper class!


This U.S. Government fiscal and accounting fraud has fraudulently created hundreds of counterfeit billionaires and millions of counterfeit millionaires by fraudulently borrowing $159.4 Trillion of counterfeit money from the future Americans!


This U.S. Government fiscal and accounting fraud has devastated the U.S. general public because their promised future benefits have not been funded!


The corrupt U.S. Government has been enriching the U.S. upper class and cheating the U.S. general public for the last 53 years!


We have criminals running the corrupt U.S. Government that are enriching themselves and their upper-class friends by cheating the U.S. general public!


USAPonzi is a criminal conspiracy between the U.S. ruling class and the U.S. upper class to enrich themselves by cheating the U.S. general public!


The corrupt and criminal U.S. Government is intentionally and fraudulently creating Billionaires and Paupers in America!


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 $159.4 Trillion (US Unfunded Liabilities (GAAP)) from the future Americans and given it to the U.S. upper class by undertaxing them to create hundreds of counterfeit billionaires and millions of counterfeit millionaires!


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!


The corrupt U.S. Government has created a new but artificial currency that I call the imaginary-counterfeit dollar! The imaginary-counterfeit dollar, as the name implies, is imaginary (it does not exist) and counterfeit (it has no value), but it is masquerading as a real dollar! The entire planet is now operating on the imaginary-counterfeit dollar and the corrupt U.S. Government is printing more imaginary-counterfeit dollars every day by fraudulently borrowing it from the future Americans and giving it to the U.S. upper class with GAAP basis deficit spending!


Just as an example, the corrupt U.S. Government is filling up Planet Earth with an infinite number of cars that are being purchased with the infinite number of imaginary-counterfeit dollars that the corrupt U.S. Government is fraudulently borrowing from the future Americans and giving to the U.S. upper class by undertaxing them!


This is why the U.S. Government accounting fraud that I call USAPonzi is causing Global Warming!


Americans are fraudulently buying an infinite amount of stuff with the infinite amount of monopoly money that the corrupt U.S. Government is pretending to borrow from the future Americans!


This U.S. Government accounting 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 $159.4 Trillion 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!






My 17th Whistleblower Letter to my congressman Van Taylor explains in more detail how this corrupt U.S. Government accounting fraud that I call USAPonzi is enriching America, cheating the rest of the planet, enriching the U.S. upper class, cheating the U.S. general public, causing global warming, causing the coronavirus pandemic, causing a hunger pandemic, setting the stage for The Greatest Depression, and destroying planet earth!


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!


This imaginary-counterfeit money will evaporate when this U.S. Government fiscal and accounting fraud is properly exposed and essentially nobody with have any money marking the start of The Greatest Depression!


At that point in time the Billionaires and the Paupers will be in essentially the same desperate economic situation!


The corrupt U.S. Government must start operating its fiscal policy with GAAP Accounting and commit to a balanced GAAP basis budget to eliminate this U.S. Government corruption and create a level playing field for the entire planet!


 

US National Debt  $29.0 Trillion 
Cash Deficit in FY2022  $2.79 Trillion 
GAAP Deficit in FY2022 
$17.01 Trillion 
US Unfunded Future Liabilities  $130.4 Trillion 
US Unfunded Liabilities (GAAP)  $159.4 Trillion 
Imaginary-Counterfeit Money 
$159.4 Trillion 
US Total National Assets 

$201.9 Trillion 

Source: www.usdebtclock.org November 11, 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