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

Conspiracy of the American Elite-current
September 10, 2019


The Elite in America are cheating the U.S. general public!


The elite in America are conspiring with the U.S. Government to enrich both the U.S. upper class and the senior officials in the U.S. Government while cheating the U.S. general public!


The U.S. Government is taking no chances; the U.S. Government prints counterfeit money and gives it to the U.S. upper class! So far, the U.S. Government has fraudulently borrowed $125.7 Trillion of counterfeit money from the future Americans and given it to the U.S. upper class!


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


The U.S. Government is in the process of fraudulently borrowing an infinite amount of imaginary-counterfeit money from the future Americans and giving it to the U.S. upper class!


The U.S. upper class now has massive imaginary-counterfeit wealth that they can use to provide undue political influence on the senior officials of the U.S Government! $125.7 Trillion of imaginary-counterfeit money can buy a lot of political influence!


The U.S. Government is corrupt!


The U.S. Government is committing a fiscal and accounting fraud!


In technical terms, this is caused by the U.S. Government not operating its fiscal policy with proper and Generally Accepted Accounting Principles (GAAP Accounting)!


In layman's terms, this is caused by the U.S. Government making benefit promises to the U.S. general public but not taxing the U.S. upper class to pay for these benefit promises!


The U.S. upper class gets rich because they are being undertaxed, and the U.S. general public gets screwed because the future benefit promises are being underfunded!


So far, the U.S. upper class has been enriched by $125.7 Trillion (US Unfunded Liabilities (GAAP)) and the U.S. general public has been cheated out of $103.1 Trillion worth of future benefits (US Unfunded Future Liabilities)!


GAAP basis deficit spending by the U.S. Government prints imaginary-counterfeit money and gives it to the U.S. upper class! The GAAP deficit in FY2019 is estimated to be $6.13 Trillion so the U.S. upper class is being given $16.8 Billion every day (GAAP Deficit in FY2019 = $6.13T/365 = $16.8B)!


The rich are getting richer and richer and the unrich are getting screwed more and more!


The top of the economic pyramid in America has been fraudulently given $125.7 Trillion!


This is why the top 1% is accumulating most of the wealth and the 99% are getting screwed!


This is why we have a wealth and income gap!


And every day this wealth and income gap gets wider because every day the U.S. Government prints more imaginary-counterfeit money ($16.8 Billion) and gives it to the U.S. upper class!


This fraud is in the process of printing an infinite amount of imaginary-counterfeit money and giving it to the U.S. upper class!


This fraud is enriching the rich!


This fraud is cheating the unrich!


This fraud is causing Global Warming that is Destroying Planet Earth!


This fraud is enriching the senior officials of the U.S. Government!


Committing this fraud has made the senior officials of the U.S Government common criminals!


This fraud has fraudulently given America the dominant position on Plant Earth financially, economically, politically, and militarily!


This fraud is causing inflation!


This fraud is causing offshoring!


This fraud is causing urbanization!


This fraud is causing illegal immigration!


This fraud has built the largest military arsenal ever assembled for the United States of America!


This fraud is filling Planet Earth with guns and bombs!


This fraud has produced millions of counterfeit millionaires and hundreds of counterfeit billionaires!


This fraud is filling up Planet Earth with cars!


This fraud is filling up Planet Earth with airplanes!


This fraud is filling up Planet Earth with houses, apartments, and high-rise condos!


This fraud is filling up Planet Earth with smartphones!


This fraud is filling up Planet Earth with tennis shoes!


This fraud is allowing Amazon to sell an unending and ever-increasing amount of stuff to people that are not paying for the stuff!


This fraud has made Microsoft, Amazon, Apple, Google, Facebook, Netflix, appear to be worth hundreds of billions; some even approaching a trillion!


This fraud has made Warren Buffett, Bill Gates, and Jeff Bezos mega-billionaires!


This fraud has made the Saudi princes mega-billionaires!


This fraud has built spectacular cities in the Middle East!


This fraud has made Putin a mega-billionaire!


This fraud has made Donald Trump want to build a Trump Tower in Moscow!


This fraud has produced a booming economy in China; people all over the planet are buying stuff from China with imaginary-counterfeit money that the U.S. Government has fraudulently borrowed from the future Americans!


This fraud has built Shenzhen, China from a fishing village to a 12.5 million population city in just 30 years!


This fraud is filling up Planet Earth with cargo ships and shipping containers!


This fraud is filling up Planet Earth with oil tankers!


This fraud is filling up Planet Earth with cruise ships!


This fraud has given the rich an opulent lifestyle when the unrich can barely make ends meet!


This fraud is causing gun violence because many people now have what will become an infinite amount of money to buy guns and bombs!


This fraud is causing education inequality, the rich have unlimited wealth to pay for their kids' education!


This fraud is causing the cost of education to skyrocket!


This fraud has made the cost of college unaffordable for most of the unrich!


This fraud has caused the Opioid Crisis because many people now have what will become an infinite amount of imaginary-counterfeit money to buy drugs!


This fraud has caused healthcare costs to increase dramatically because the rich have lots of imaginary-counterfeit money to pay for their healthcare!


This fraud has made healthcare unaffordable for the unrich!


This fraud has built unaffordable hospitals and other medical facilities all over America!


This fraud has built outrageous athletic facilities all over America!


This fraud has made professional sports franchises appear to be worth billions!


This fraud is paying athletes and entertainers millions even billions!


This fraud is building tall buildings, cities, and airports all over Planet Earth!


This fraud has built unsupportable cities all over Planet Earth!


This fraud has built Las Vegas and Phoenix!


This fraud is filling up our banks with imaginary-counterfeit money!


This fraud is filling up Planet Earth with restaurants and banks!


This fraud is filling up Planet Earth with hotels and resorts!


This fraud has allowed Donald Trump to fraudulently claim that he has created the strongest economy ever!


This fraud is causing the stock market to continuously go up!


Many of the elite know that this is happening, but they do not want to expose it!


Most of the unrich are unaware of this social injustice by the U.S. Government! Certainly, there is a sense that the U.S. economy favors the upper class but very few people realize the magnitude of this favoritism! $125.7 Trillion is a lot of favoritism!


This fraud is enriching the rich and cheating the unrich!


The U.S. Government is operating its fiscal policy as a classic Ponzi scheme that is rigged so that:


The Elite in America are cheating the U.S. general public!

 

National Debt  $22.6 Trillion 
Cash Deficit in FY2019  $1.01 Trillion 
GAAP Deficit in FY2019  $6.13 Trillion 
US Unfunded Future Liabilities  $103.1 Trillion 
US Unfunded Liabilities (GAAP)  $125.7 Trillion 
Imaginary-Counterfeit Money  $125.7 Trillion 
Total National Assets  $157.7 Trillion 

Source: www.usdebtclock.org September 10, 2019


This accounting fraud/Ponzi scheme can only be equitably eliminated by the adoption of GAAP Accounting and a commitment to a balanced GAAP basis budget by the U.S. Government!


You can learn more about this fraud/Ponzi scheme by reading my websites www.usaponzi.net and www.usaponzi.com or better yet by reading my fifth book on USAPonzi “USAPonziB which is available on Amazon and on my websites in Kindle and PDF formats.


This is the biggest ($125.7 Trillion) financial fraud ever perpetrated, I call it “USAPonzi: The Ultimate Government Fraud and “The Biggest Ponzi Scheme on the Planet”!


John W. White
Plano, TX