The Biggest Ponzi Scheme on the Planet-The U.S. Government
"American Economic Exceptionalism Explained"  USAPonzi    Copyright Declaration     by John W. White   Mar 29, 2013

Climate Change is causing Wildfires 200911
September 11, 2020
Emailed to The United Nations, Fed Chair Jay Powell, St Louis Fed President James Bullard, 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, and NYT/WSJ/WP/DMN/CNBC on 9/11/20.


Climate Change is causing wildfires!


The U.S. Government is causing Climate Change!


By Thomas Fuller and Christopher Flavelle
Sept. 10, 2020 Updated 9:07 p.m. ET
 

SAN FRANCISCO — Multiple mega fires burning more than three million acres. Millions of residents smothered in toxic air. Rolling blackouts and triple-digit heat waves. Climate change, in the words of one scientist, is smacking California in the face.


The crisis facing the nation’s most populous state is more than just an accumulation of individual catastrophes. It is also an example of something climate experts have long worried about, but which few expected to see so soon: a cascade effect, in which a series of disasters overlap, triggering or amplifying each other.


It is now widely accepted that the wildfires in the American West are caused by climate change!


What is not yet recognized is that climate change and global warming are caused by U.S. Government fiscal and accounting fraud!


In January of 1968, Lyndon Baines Johnson convinced the U.S. Congress that he could balance the budget for FY1969 if they would approve his proposal for a Unified Budget!


This Unified Budget has allowed the corrupt U.S. Government to pay U.S. Government benefits without accruing the money to pay for future benefits!


This Unified Budget launched a Ponzi scheme fiscal policy, I call it USAPonzi, that is in the process of borrowing an infinite amount of money, I call it imaginary-counterfeit money, from the future Americans so the entire planet can build and buy an infinite number of environment-polluting physical objects!


So far, this Ponzi scheme has borrowed $154.3 Trillion (US Unfunded Liabilities (GAAP)) from the future Americans so we can fill up Planet Earth with an infinite number of smartphones, motorcycles, cars, airplanes, boats, houses, apartments, condos, airports, cities, etc. etc. etc.


The following chart from NASA demonstrates how USAPonzi caused the global average temperature to start rising in 1969 when the corrupt U.S. Government adopted the Unified Budget!



The corrupt U.S. Government is causing global warming which is causing climate change that is burning up Planet Earth and these wildfires in the American West should provide enough evidence to expose this U.S. Government fiscal and accounting fraud that I call USAPonzi (See Causing Global Warming)!


The corrupt U.S. Government is causing wildfires and hurricanes by running a classic Ponzi scheme!


Until the corrupt U.S. Government stops committing this fiscal and accounting fraud, wildfires and hurricanes will become more frequent and devastating!


This Ponzi scheme is not only causing climate change it is, according to my analysis, causing four global crises (See Quadrilogy of Global Crises (economy, climate, health, and hunger)) that are setting the stage for The Greatest Depression and if this Ponzi scheme is continued it will Destroy Planet Earth!



US National Debt  $26.7 Trillion 
Cash Deficit in FY2020  $2.92 Trillion 
*GAAP Deficit in FY2020  >$28.2 Trillion 
US Unfunded Future Liabilities  $127.6 Trillion 
US Unfunded Liabilities (GAAP)  $154.3 Trillion 
Imaginary-Counterfeit Money  $154.3 Trillion 
US Total National Assets  $126.0 Trillion 

Source: www.usdebtclock.org September 11, 2020
*usdebtclock.org has stopped explicitly reporting the GAAP Deficit. The GAAP Deficit is implicitly reported as the change in US Unfunded Liabilities (GAAP). US Unfunded Liabilities (GAAP) were $126.1 Trillion on October 1, 2019 the start date for FY2020, therefore the GAAP Deficit in FY2020 will be >$28.2 Trillion (>$154.3T-$126.1T = >$28.2T).


I have written two websites (www.usaponzi.net and www.usaponzi.com) and eight books that explain this accounting fraud and the impact it is having on Planet Earth. My latest book (USAPonziE) is available on Amazon and can be downloaded from my www.usaponzi.net website.


This is the biggest ($154.3 Trillionfinancial fraud ever perpetrated, I call it USAPonzi: The Great American Fraud” and “The Biggest Ponzi Scheme on the Planet”!


John W. White
Plano, TX