Coronavirus Relief Bill Dispute 200323
March 23, 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 3/23/20
The U.S. Congress cannot agree on how to structure a relief bill for the economic crisis that has been introduced by the coronavirus pandemic! The reason they cannot agree is because the U.S. Government is corrupt!
The democrats want to save the little guys and the republicans want to save the big guys! The truth is neither can be saved!
The U.S. Government has been cooking the books for 51 years by not operating its fiscal policy in accordance to proper accrual accounting to accrue the money to pay for future U.S. Government benefit promises!
When the U.S. Government does not accrue for future benefits, the big guys get rich because they are being undertaxed.
When the U.S. Government does not accrue for future benefits, the little guys get screwed because their future benefit promises are being underfunded!
The U.S. Government is cooking the books to enrich the big guys and cheat the little guys!
The coronavirus pandemic did not cause the financial crisis that we now face, it just exposed a financial crisis that has been brewing for 51 years!
The corrupt U.S. Government has enriched the big guys by $132.0 Trillion by undertaxing them (US Unfunded Liabilities (GAAP))!
The corrupt U.S. Government has cheated the little guys by $108.4 Trillion by underfunding their benefit promises (US Unfunded Future Liabilities)!
The difference between enriching the big guys and cheating the little guys is the National Debt ($23.6 Trillion)! This is money that has already been spent to overpay the U.S. ruling class, to buy guns and bombs, and to pay unaffordable past benefits for healthcare, social security, pensions, veteran's benefits, etc. etc.
When you look honestly at our financial situation today, nobody has any money; the big guys don't have any money because they got their money because the U.S. Government fraudulently borrowed it from the future Americans and the future Americans do not have any money, the working little guys don't have any money because their jobs are going away, and the non-working little guys don't have any money because the U.S. Government has not funded their benefit promises!
When nobody has any money, you get a global depression! I predict that this global depression will be 4X as bad as The Great Depression (U.S. Total Liabilities Leverage 4.3X 1929)!
The following is a link to my fourth letter to the U.S. Congress in an attempt to expose the fraud and corruption within the U.S. Government to the U.S. Government!
Whistleblower Letter #4 to the U.S. Congress
|Cash Deficit in FY2020
|GAAP Deficit in FY2020
|US Unfunded Future Liabilities
|US Unfunded Liabilities (GAAP)
|US Total National Assets
Source: www.usdebtclock.org March 23, 2020
I have written two websites (USAPonzi.com and USAPonzi.net) and seven books (the latest is USAPonziD which is available on Amazon) that explain this fraud and the impact it is having on Planet Earth!
I have also, written Whistleblower Letter #2 to Planet Earth in an effort to provide a concise explanation of this U.S. Government fiscal and accounting fraud that I call USAPonzi.
John W. White