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

                    Copyright Declaration                                                                                                                                       John W. White    March 29, 2013

California Wildfires caused by US Gov Fraud 210718
July 18, 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 7/18/21


California Wildfires have been blamed on climate change and I contend that the reason for this dramatic climate change is U.S. Government fiscal and accounting fraud!


The U.S. Government is burning up Planet Earth!


The New York Times
Why Does California Have So Many Wildfires?
There are four key ingredients to the disastrous wildfire seasons in the West, and climate change is a key culprit.

By Kendra Pierre-Louis and John Schwartz
July 16, 2021


California is bracing for the possibility of another devastating fire season.


The U.S. Government is causing Global Warming!


The U.S. Government is not operating its fiscal policy with proper and Generally Accepted Accounting Principles (GAAP Accounting) and as a result is fraudulently borrowing an infinite amount of counterfeit money from the future Americans and giving it to the U.S. upper class so the entire planet can buy and build an infinite number of environment-polluting physical objects!


The U.S. Government is not operating its fiscal policy with proper accrual accounting which undertaxes the U.S. upper class and gives them infinite counterfeit money! Americans, and now the entire planet, are buying and building everything under the sun with the counterfeit money that the U.S. Government is fraudulently borrowing from the future Americans!


This U.S. Government fiscal and accounting fraud, I call it USAPonzi, is in the process of unnaturally filling up Planet Earth with phones, TVs, computers, cars, airplanes, boats, houses, condos, apartments, commercial buildings, airports, cities, etc. etc. that are being bought and built with the infinite stream of counterfeit money that the U.S. Government is fraudulently borrowing from the future Americans!


It is estimated by usdebtclock.org that, as of July 18, 2021, this accounting fraud has fraudulently borrowed $153.4 Trillion (US Unfunded Liabilities (GAAP)) from the future Americans and given it to the U.S. upper class!


The corrupt U.S. Government is committing a fiscal and accounting fraud, I call it USAPonzi, that is in the process of printing an infinite stream of counterfeit money, I call it imaginary-counterfeit money, that is fraudulently stimulating the global economyenriching the U.S. upper class, cheating the U.S. general public, and destroying Planet Earth by causing Global Warming!


This Ponzi scheme fiscal policy was started in FY1969 when LBJ proposed and the U.S. Congress approved the fraudulent Unified Budget! The following NASA chart shows how the global average temperature started to rise precisely when the U.S. Government started this fiscal and accounting fraud that I call USAPonzi in 1969!


 


The following is a notional chart that shows how the corrupt U.S. Government could fraudulently borrow as much as a Quadrillion dollars (a thousand Trillion dollars) from the future Americans over the next three decades to fraudulently enrich the U.S. upper class and incinerate Planet Earth!





The U.S. Government is committing a fiscal and accounting fraud that is causing economic inequality, social injusticeGlobal Warmingflooding in Germany, wildfires in Californiathe heat wave in the Northwest, the Coronavirus Pandemic, and The Greatest Depression!



US National Debt  $28.5 Trillion 
Cash Deficit in FY2021  $3.19 Trillion 
GAAP Deficit in FY2021 
$17.48 Trillion 
US Unfunded Future Liabilities  $124.9 Trillion 
US Unfunded Liabilities (GAAP)  $153.4 Trillion 
Imaginary-Counterfeit Money 
$153.4 Trillion 
US Total National Assets 

$174.2 Trillion 

Source: www.usdebtclock.org July 18, 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 also be downloaded from my www.usaponzi.net website.


John W. White

Plano, TX