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

                    Copyright Declaration                                                                                                                                       John W. White    March 29, 2013

Boeing Stupidity III-The Airplane Bubble 220109
January 9, 2022
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 1/9/22


Where will we park all the Damn Airplanes?


Boeing is selling a whole lot of airplanes because the U.S. Government is corrupt!


I have written numerous commentaries in an attempt to explain this U.S. Government corruption and the resulting Airplane Bubble!


Airplane Bubble 161024
Boeing Stupidity-The Airplane Bubble 170907
Where will we park all the Damn Airplanes 190318
Boeing Stupidity II-The Airplane Bubble 210311


We are filling up Planet Earth with airplanes!


We are in the process of building an infinite number of airplanes!


Boeing appears to be worth $126.65 Billion because the corrupt and criminal U.S. Government is “cooking the books” to borrow $163.6 Trillion of counterfeit money from the future Americans and give it to the U.S. upper class so it looks like we need a whole-hell-of-a-lot of airplanes!



We are buying an infinite number of airplanes from Boeing with the infinite amount of counterfeit money that the corrupt and criminal U.S. Government is fraudulently borrowing from the future Americans and giving to the U.S. upper class!


Boeing is actually worth nothing because we will need to be mothballing airplanes rather than building airplanes when this U.S. Government corruption is properly exposed!


Essentially all of our air travel is being “paid for” with counterfeit money that has been fraudulently borrowed from the future Americans and given to the U.S. upper class!


It will be a long, long time before we have a real need to buy more airplanes from Boeing or Airbus!


This is stupidity! This is Insanity!


The corrupt and criminal U.S. Government is being run by a bunch of fools, idiots, criminals, scoundrels, liars, and cheaters!


Strong letter to follow!


I send a strong letter to my congressman, Van Taylor, every few weeks reminding him that he is a fool, an idiot, a criminal, a scoundrel, a liar, and a cheater! I also copy several notables on these letters hoping that someone in a position of power will have the courage to start telling the truth!


See Van Taylor Whistleblower Letter #18!


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 “cooking the books” by not operating its fiscal policy according to
proper and Generally Accepted Accounting Principles (GAAP Accounting)!  (See USAPonzi-The Great American Fraud)!


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 $163.6 Trillion (US Unfunded Liabilities (GAAP)) from the future Americans and given it to the U.S. upper class by undertaxing them so the current Americans can buy a whole-hell-of-a-lot of stuff 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 notional 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 $163.6 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 buy a whole-hell-of-a-lot more stuff  with a Quadrillion dollars of imaginary-counterfeit money!





The corrupt U.S. Government is filling up Planet Earth with T-shirts, tennis shoes, computers, smartphones, cars, airplanes, houses, apartments, condos, data centers, warehouses, etc. etc. etc. that have been purchased with the infinite supply of imaginary-counterfeit money that the corrupt U.S. Government is fraudulently borrowing from the future Americans and giving to the U.S. upper class!


The current Americans, since 1969, have been buying essentially everything they want and need with the infinite supply of monopoly money that the corrupt U.S. Government is fraudulently borrowing from the future Americans!


The corrupt U.S. Government is printing an infinite supply of imaginary-counterfeit money by fraudulently borrowing it from the future Americans and giving it to the U.S. upper class so the current Americans can fraudulently buy an infinite amount of stuff without having to pay for any of it!


The stock market will continually and fraudulently go up as long as Planet Earth can buy an infinite amount of everything and not have to pay for anything!


This is why OPEC can sell so much oil! This is why Apple can sell so many iPhones! This is why Microsoft can sell so much software! This is why Amazon can sell so much stuff! This is why Elon Musk can sell so many Teslas! This is why Netflix can sell so many movies! This is why Google and Facebook can sell so many ads etc. etc. etc.!


The corrupt U.S. Government is “cooking the books” by promising future benefits to the U.S. general public and not taxing the U.S. upper class to pay for these future benefits!


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  $29.7 Trillion 
Cash Deficit in FY2022  $2.83 Trillion 
GAAP Deficit in FY2022 
$22.23 Trillion 
US Unfunded Future Liabilities  $133.9 Trillion 
US Unfunded Liabilities (GAAP)  $163.6 Trillion 
Imaginary-Counterfeit Money 
$163.6 Trillion 
US Total National Assets 

$199.6 Trillion 

Source: www.usdebtclock.org January 9, 2022


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