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

Criminals in Washington
December 5, 2017    Emailed to WSJ/NYT/DMN on 12/6/17  


The following is an Op-Ed to “The Wall Street Journal”, “The New York Times” and “The Dallas Morning News” that explains how the U.S. Government is creating massive wealth for the U.S. upper class by borrowing/stealing money from the future Americans, money that the future Americans do not have, and giving it to the U.S. upper class! The Criminal U.S. Government is “stealing fake money from our kids” and giving it to their U.S. upper-class friends!


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”!


Criminals in Washington
December 5, 2017


Washington is filled with criminals!


The U.S. Government is stealing fake money from the future Americans (our kids) and giving it to the U.S. upper class!


The Criminals in Washington have given the U.S. upper class $109.1 Trillion of fake money!


This is a $109.1 Trillion Criminal Act!


The Criminals in Washington have been running a Ponzi scheme for 48 years!


It is time for someone, with a modicum of integrity, in Washington, DC to speak out and expose this U.S. Government sponsored larceny!


The U.S. Government is using fraudulent accounting to stealthily steal $109.1 Trillion from our kids and give it to the U.S. upper class! The U.S. Government is borrowing/stealing $15.5 Billion every day from the future Americans (our kids) and giving it to the U.S. upper class! The problem with this strategy is that the future Americans do not have $109.1 Trillion! This is a fraud! This is a Ponzi scheme (USAPonzi) on steroids! This is a $109.1 Trillion criminal act! This fraud is being perpetrated by the Criminals in Washington!


The U.S. upper class is getting rich simply because the U.S. Government is being run by criminals! The U.S. Government is borrowing/stealing $15.5 Billion a day from the future Americans, money the future Americans do not have, and giving it to the U.S. upper class by operating with fraudulent accounting and an unbalanced budget!


Every day the U.S. Government borrows/steals another $15.5 Billion from the future Americans and gives it to the U.S. upper class! The U.S. upper class has found a “bird's nest on the ground” by having criminal friends in Washington DC! The U.S. Government is digitally printing imaginary-counterfeit money with GAAP basis deficit spending and giving it to the U.S. upper class by undertaxing them!


This fraud, if continued, will give the U.S. upper class infinite wealth!


This fraud is a criminal act because it has enriched the U.S. upper class by $109.1 Trillion, it has overpaid the U.S. ruling class and related U.S. Government businesses by $20.6 Trillion, and it has underfunded the benefit promises to the U.S. general public by $88.5 Trillion!


This fraud is a criminal act because it is allowing Americans to buy goods and services with the $109.1 Trillion of fake money that the U.S. Government has fraudulently borrowed from the future Americans, money that the future Americans do not have!


The stock market is going up because the U.S. Government is borrowing monopoly money from our kids and giving it to the U.S. upper class! The stock market is going up because the U.S. Government is pulling monopoly money out of a hat and giving it to the U.S. upper class by using fraudulent accounting! The stock market will continue on its path to infinity as long as the corrupt U.S. Government continues to perpetrate this fraud!


The stock market is going up because we have elected criminals to run the U.S. Government!


The U.S. Government is corrupt! The U.S. Government is being run by a bunch of criminals! The U.S. Government is committing fiscal and accounting fraud! The U.S. Government is not using proper GAAP Accounting! The U.S. Government is running a classic Ponzi scheme (USAPonzi) that is creating monopoly money out of “thin air”!


The U.S. Government, by using fraudulent accounting, has stealthily borrowed $109.1 Trillion from the future Americans and given it to the current Americans! The U.S. Government is borrowing money from the future Americans, money that the future Americans do not have, to create $109.1 Trillion of imaginary-counterfeit money that it then gives to the current Americans by undertaxing them (US Unfunded Liabilities (GAAP))! The U.S. Government borrows another $15.5 Billion of imaginary-counterfeit money from the future Americans every day and gives it to the U.S. upper class with ongoing GAAP basis deficit spending (GAAP Deficit in FY2018 = $5.66T/365 = $15.5B)!


The U.S. Government is not operating its fiscal policy according to Generally Accepted Accounting Principles (GAAP Accounting) and therefore is digitally printing imaginary-counterfeit money that the current Americans can use to buy goods and services without having to pay for them! Because the U.S. Government is not using proper accounting, the U.S. Government is not openly reporting the fact that it has fraudulently borrowed $109.1 Trillion of fake money from the future Americans (US Unfunded Liabilities(GAAP))!


The corrupt U.S. Government is simply borrowing/stealing money ($15.5 Billion a day) from the future Americans, money that the future Americans do not have, and giving it to the U.S. upper class!


The corrupt U.S.
Government is digitally printing imaginary-counterfeit money by using fraudulent accounting and giving this imaginary-counterfeit money to the U.S. upper class!


The upper-class Americans appear to be getting rich with imaginary-counterfeit money that the U.S. Government is fraudulently borrowing from the future Americans!


The U.S. Government is stealing monopoly money from the future Americans and giving it to the U.S. upper class by undertaxing them!


Many in the U.S. upper class do not have to work for a living, they just collect dividends of $15.5 Billion a day from this U.S. Government fraud!


We have elected a bunch of criminals to run the U.S. Government!


My “Whistleblower Letter #13 to the U.S. SEC” explains many of the problems that this fraud is creating in the global economy and the global financial system!

 

National Debt  $20.6 Trillion 
Cash Deficit in FY2018  $0.67 Trillion 
GAAP Deficit in FY2018  $5.66 Trillion 
US Unfunded Future Liabilities  $88.5 Trillion 
US Unfunded Liabilities (GAAP)  $109.1 Trillion 
Imaginary-Counterfeit Money  $109.1 Trillion 
Total National Assets  $135.7 Trillion 

Source: www.usdebtclock.org Dec 5, 2017


To eliminate this fraud, the U.S. Government must adopt GAAP Accounting and commit to a balanced GAAP basis budget.


I have published a website www.usaponzi.net that explains how this fraud works to create a massive global wealth and income gap between the haves and the have-nots and to create false wealth and prosperity for the current Americans. The www.usaponzi.net website is an introduction to my more detailed website www.usaponzi.com and my books “USAPonzi” (Nov 22, 2015) and “USAPonzi2” (May 1, 2017) which are available on Amazon to better explain this fraud/Ponzi scheme.


This fraud/Ponzi scheme is also explained in “short story style” in my October 1, 2017 commentary USAPonzi CliffsNotes and in my October 8, 2017 commentary USAPonzi Elevator Speech.


This is the biggest ($109.1 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