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

Core Principle of the U.S. Deep State 180409
April 9, 2018
Emailed to WSJ/NYT/WP/DMN, the US SEC, Congressman Pete Sessions, Congressman Sam Johnson, Senator John Cornyn, and Senator Ted Cruz on 4/9/18


The following is an Op-Ed to “The Wall Street Journal”, “The New York Times”, “The Washington Post” and “The Dallas Morning News” that explains what I contend is the “Core Principle of the U.S. Deep State! The U.S. Government is committing fiscal and accounting fraud in an attempt to maintain control of Planet Earth politically, financially, economically and militarily!


The “news media” has an ethical responsibility to inform the general public of how the U.S. Government is committing fiscal and accounting fraud to cheat the general public and the rest of the planet so they can “feather their own nests” and “dramatically feather the nests of their upper-class friends”.


The “news media” is aiding and abetting the corrupt and criminal U.S. Government by refusing to report this fiscal and accounting fraud!


Core Principle of the U.S. Deep State 180409 

April 9, 2018


In this commentary I will explain why I contend that there is in fact a “deep state” within the U.S. Government that attempts to establish and maintain political, financial, economic, and military control of Planet Earth! The core principle of the United States deep state is the use of fiscal and accounting fraud!


What is a deep state!


Deep state in the United States

From Wikipedia, the free encyclopedia
 
In the United States the term "deep state" is used within political science to describe influential decision making bodies within government that are relatively permanent and whose policies and long-term plans are unaffected by changing administrations. The term is often used in a critical sense vis-à-vis the general electorate to refer to the lack of influence popular democracy has on these institutions and the decisions they make.


While there is intense animosity between our two major political parties, there is one core principle on which they do agree; they will use fiscal and accounting fraud so they can enrich themselves, colossally enrich the U.S. upper class, and build the mightiest military force ever created! The U.S. Government deep state is willing to commit fiscal and accounting fraud in an attempt to maintain control of Planet Earth!


The U.S. Government is perpetrating a fiscal and accounting fraud by not operating its fiscal policy with accrual accounting (GAAP Accounting)! The U.S. Government is promising future benefits to the U.S. general public but is not using accrual accounting to properly accrue the money to pay for these future benefit promises.


This core principle of the United States deep state was established in January of 1968 by Lyndon Baines Johnson and the 90th Congress when LBJ proposed and Congress approved the Unified Budget!


I call this fiscal and accounting fraud USAPonzi since it is a classic Ponzi scheme that borrows an ever-increasing amount of money from the future Americans, money the future Americans do not have, and gives it to the U.S. upper class!


So far, this fraud has created $112.7 Trillion of imaginary-counterfeit money out of “thin air” to enrich the U.S. upper class, to overpay the U.S. ruling class, and to finance the mightiest military force ever created!


However, this Ponzi scheme/fraud has cheated the U.S. general public because it has not properly funded the future benefit promises to the U.S. general public, has cheated the rest of the planet because Americans are buying stuff from the rest of the planet with imaginary-counterfeit money, and the U.S. military is either intimidating or crushing our foes with a military arsenal that has been purchased with imaginary-counterfeit money that was fraudulently borrowed from the future Americans!


Yes, there is a “deep state” within the U.S. Government and its core principle is to use fiscal and accounting fraud to achieve its political, financial, economic, and military objectives!


The U.S. Government is corrupt!
The U.S. Government is committing a $112.7 Trillion fiscal and accounting fraud!
The U.S. Government has committed a $112.7 Trillion criminal act!
The senior members of the U.S. Government are common criminals!


We have a bunch of scoundrels, liars, cheaters, and criminals running the U.S. Government and the United States deep state!


To eliminate this massive ($112.7 Trillion) fraud, the U.S. Government must adopt GAAP Accounting and commit to a balanced GAAP basis budget.

 

National Debt  $21.1 Trillion 
Cash Deficit in FY2018  $0.73 Trillion 
GAAP Deficit in FY2018 
$6.00 Trillion 
US Unfunded Future Liabilities  $91.6 Trillion 
US Unfunded Liabilities (GAAP)  $112.7 Trillion 
Imaginary-Counterfeit Money 
$112.7 Trillion 
Total National Assets 

$138.0 Trillion 

Source: www.usdebtclock.org Apr 9, 2018


This fraud/Ponzi scheme (USAPonzi) is also explained on my website www.usaponzi.net and in my third book “USAPonzi3”!


This is the biggest ($112.7 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