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

Criminal Charge against Congressman Van Taylor 200811
August 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 8/11/20.


TO: Congressman Van Taylor (R-TX-3)
       Representative for Texas 3rd Congressional District
       5600 Tennyson Pkwy, #275
       Plano, TX 75024


CC: Federal Bureau of Investigation
       Matthew J. DeSarno, Special Agent in Charge
       One Justice Way

       Dallas, TX 75220


CC: Dallas Morning News
       Grant Moise, Publisher
       1954 Commerce St.

        Dallas, TX, 75201


FR: John W White
       Plano, TX


In this letter, I am filing a criminal charge against Congressman Van Taylor and all of his associates in the U.S. Congress for committing fiscal and accounting fraud!


I am accusing Congressman Van Taylor and all of his associates in the U.S. Congress of committing a $153.8 Trillion criminal act by not operating the fiscal policy of the U.S. Government according to Generally Accepted Accounting Principles (GAAP Accounting)!


I am accusing Congressman Van Taylor and all of his associates in the U.S. Congress of fraudulently borrowing $153.8 Trillion (US Unfunded Liabilities (GAAP)) from the future Americans and giving it to the U.S. upper class!


I am accusing Congressman Van Taylor and all of his associates in the U.S. Congress of “cooking the books” with the criminal intent of enriching the U.S. ruling class and the U.S. upper class!


I am accusing Congressman Van Taylor and all of his associates in the U.S. Congress of running a classic Ponzi scheme, I call it USAPonzi, with the criminal intent of defrauding the U.S. general public in order to enrich the U.S. ruling class and the U.S. upper class!


I am specifically filing this criminal charge against Congressman Van Taylor as my congressman representing the 3rd district of Texas since I have made multiple attempts to inform him of this now $153.8 Trillion crime and he refuses to accept the fact that he is a party to this $153.8 Trillion crime!


The members of the U.S. Government took an oath of office to defend the U.S. Constitution and to fairly represent all of the people of the United States of America. With the current fiscal policy, the U.S. Government is not fairly representing all of the people of the United States of America, it is enriching the elite by cheating the common man!


For the last 51 years, the U.S. Congress has been operating its fiscal policy with an accounting methodology (Cash Accounting) that is dramatically biased in favor of the U.S. upper class and the U.S. ruling class at the expense of the U.S. general public.


I am convinced that the U.S. Government is willingly and knowingly lying to and cheating the U.S. general public by promising future benefits but is not accruing the money to pay for these future benefits.


By not using proper GAAP Accounting, the corrupt U.S. Government has undertaxed and enriched the U.S. upper class by $153.8 Trillion (US Unfunded Liabilities (GAAP)) and underfunded the future benefit promises to the U.S. general public by $127.2 Trillion (US Unfunded Future Liabilities).


This is a criminal act by the corrupt U.S. Government with the criminal intent to enrich the elite at the expense of the common man!


This accounting fraud is a classic Ponzi scheme, I call it USAPonzi, that has not only introduced an inequitable economy in the United States of America, it is causing global warming and the coronavirus pandemic which is destroying the health of the people on Planet Earth and, if allowed to continue, will destroy Planet Earth!


While I am presenting this formal criminal charge against Congressman Van Taylor and the U.S. Government on behalf of the U.S. general public, this accounting fraud is also cheating the rest of the planet. This accounting fraud is printing counterfeit money, at the rate of the U.S. Government GAAP basis deficit spending, so the current Americans buy stuff from each other and from the rest of the planet by charging these purchases to the future Americans.


Congressman Van Taylor, and all of his associates in the U.S. Congress, are common criminals because they are operating the fiscal policy of the U.S. Government with an accounting fraud that is designed to enrich the very people that are perpetrating this fraud! The U.S. Congress is dramatically and fraudulently enriching the members of the U.S. Congress!


I am sending this criminal charge to the Federal Bureau of Investigation to inform the FBI that Congressman Van Taylor and his associates in the U.S. Congress are common criminals that have committed a $153.8 Trillion crime which has produced a colossally inequitable U.S. economy. This fraud/Ponzi scheme/crime has produced a fabulous economy for the U.S. upper class and the U.S. ruling class while cheating and oppressing the U.S. general public.


I am sending this criminal charge to the Publisher of the Dallas Morning News since I contend that the “news media” has a responsibility to inform the U.S. general public that the corrupt U.S. Government is “cooking the books” to enrich the elite and to cheat the common man.


I am sending this criminal charge to the Publisher of the Dallas Morning News since I contend that the “news media” has a responsibility to inform the U.S. general public that the corrupt U.S. Government is lying to and cheating them by promising but not properly funding U.S. Government benefits!


I have sent 4 whistleblower letters to Congressman Taylor and have given him a telephone briefing to explain this fraud/Ponzi scheme/crime! Congressman Taylor has refused to take the action necessary to expose and eliminate this fraud and corruption within the U.S. Government. Congressman Taylor and all of his associates in the U.S. Congress refuse to acknowledge that what they are doing is a criminal act that colossally favors the upper class and colossally oppresses the common man while destroying planet earth.


This criminal charge letter has several attached documents that explain this fraud, the impact this fraud is having on Planet Earth, and some of the many whistleblower letters that I have sent over the last 7 years in an attempt to expose this U.S. Government accounting fraud.


USAPonzi, The Great American Fraud
Whistleblower Letter #2 to the U.S. general public
Whistleblower Letter #15 to the U.S. SEC
Whistleblower Letter #5 to the U.S. Congress
Fraud Charges against the U.S. Government
Trilogy of Global Crises (Economy-Climate-Health)



The following table gives a summary assessment of the U.S. Government financial condition as of August 11, 2020 as estimated by www.usdebtclock.org.

 

National Debt 
$26.6 Trillion 
Cash Deficit in FY2020  $2.83 Trillion 
*GAAP Deficit in FY2020  >$27.7 Trillion 
US Unfunded Future Liabilities  $127.2 Trillion 
US Unfunded Liabilities (GAAP)  $153.8 Trillion 
Imaginary-Counterfeit Money  $153.8 Trillion 
Total National Assets  $128.8 Trillion 

Source: www.usdebtclock.org August 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 >$27.7 Trillion (>$153.8T-$126.1T = >$27.7T).


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 ($153.8 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