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

                    Copyright Declaration                                                                                                                                       John W. White    March 29, 2013

Chipotle-Wall Street Fooled by US Gov Fraud 211024
October 24, 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 10/24/21


Chipotle is worth essentially nothing!


Chipotle will be forced to close essentially all of its 2,788 stores when the financial corruption within the U.S. Government is properly exposed!


Both Chipotle and Wall Street have been fooled by the U.S. Government “cooking the books”!


Author's Note: Chipotle is not the only company that has been fooled by the corrupt U.S. Government, in fact they all have been fooled! As an example, Starbucks had 32,938 stores in the first quarter of 2021 that are destined to be closed and boarded up! (See Starbucks Miracle/Debacle 170626)


I am a whistleblower! The U.S. Government is corrupt! The corrupt U.S. Government is committing a fiscal and accounting fraud that is fraudulently borrowing an infinite amount of counterfeit money from the future Americans, so far $158.0 Trillion, so the current Americans can buy an infinite amount of Mexican Food from Chipotle and never have to pay for any of it!


When this accounting fraud is properly exposed, Chipotle will be forced to close essentially all of its stores!


The corrupt U.S. Government is stupidly operating its fiscal policy with cash accounting rather than proper accrual accounting!


The corrupt U.S. Government has gotten Planet Earth into a real pickle by making a stupid decision to “cook the books”!


Stupid

having or showing a great lack of intelligence or common sense.


Stupid is a harsh and critical word but the corrupt U.S. Government is stupidly causing Planet Earth to do and experience some really stupid even disastrous things! As an example, it is stupid and criminal for the corrupt U.S. Government to promise future benefits to the U.S. general public and not accrue the money to pay for these future benefits! As another example, it is stupid and criminal for the corrupt U.S. Government to burn up Planet Earth!


Chipotle Mexican Grill Restaurant company

Chipotle Mexican Grill, Inc., often known simply as Chipotle, is an American chain of fast casual restaurants in the United States, United Kingdom, Canada, Germany, and France, specializing in tacos and Mission burritos that are made to order in front of the customer. Wikipedia
Stock price: CMG (NYSE) $1,792.21 -51.62 (-2.80%) Oct 22, 2021
Number of locations: 2,788 (2021)

Founded: July 13, 1993
Number of employees: 88,000 (2020)
Revenue: 5.586 billion USD (2019)


The corrupt U.S. Government has fraudulently borrowed $158.0 Trillion of counterfeit money from the future Americans and given it to the U.S. upper class so the current Americans and people all over Planet Earth can buy a whole-hell-of-a-lot of burritos from Chipotle and charge them all to the future Americans!


Planet Earth has been buying burritos from Chipotle with monopoly money since Chipotle was founded July 13, 1993 and the corrupt U.S. Government prints more monopoly money every day with ongoing GAAP basis deficit spending!


Chipotle and Wall Street
have both been fooled by this accounting fraud! Chipotle has foolishly built 2,788 stores it does not need and Wall Street has foolishly valued Chipotle at about $50 Billion when it is actually worth almost nothing!


Just as a starter, the corrupt U.S. Government has already printed $158.0 Trillion of counterfeit money so we can fraudulently buy a whole lot of Mexican Food from Chipotle without having to pay for it!


Wall Street has not yet discovered how the corrupt U.S. Government is pulling off this accounting trick!


The U.S. Government is corrupt and criminal for promising future benefits to the U.S. general public and not taxing the
U.S. upper class to pay for these future benefits!


Wall Street is foolish and incompetent for not recognizing the fact that the corrupt U.S. Government is incompetent and criminal


Chipotle has stupidly built 2,788 stores because of this $158.0 Trillion accounting fraud!


This is stupidity! This is stupidity on steroids!


Chipotle's revenue, profit, and market cap will all plummet to essentially zero when this U.S. Government incompetence, corruption, and criminality is properly exposed and we have to start buying our burritos with real money!


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 $158.0 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 Mexican Food from Chipotle 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 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 $158.0 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 so the entire planet can buy a whole-hell-of-a-lot more Mexican Food from Chipotle 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  $3.00 Trillion 
GAAP Deficit in FY2022 
$7.30 Trillion 
US Unfunded Future Liabilities  $129.1 Trillion 
US Unfunded Liabilities (GAAP)  $158.0 Trillion 
Imaginary-Counterfeit Money 
$158.0 Trillion 
US Total National Assets 

$200.4 Trillion 

Source: www.usdebtclock.org October 24, 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