USAPonzi-The Biggest Ponzi Scheme on the Planet-The U.S. Government

                    Copyright Declaration                                                                                                                                       John W. White    March 29, 2013

Florida Governor Stupidity 210412
April 12, 2021
Emailed to United Nations, Fed Chair Jay Powell, 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, NYT/WSJ/WP/CNBC/DMN on 4/12/21


The Governor of Florida, Ron DeSantis, has sued the CDC to demand that the cruising industry be allowed to open back up!


The Washington Post
Florida governor sues the CDC to get cruises sailing immediately


Disney’s Fantasy, left, and Dream ships are seen on the horizon as they sit off Cocoa Beach, Fla. (Orlando Sentinel)


By Hannah Sampson
April 8, 2021 at 8:10 p.m. CDT
Making good on an earlier threat, Florida Gov. Ron DeSantis (R) said Thursday that the state has filed a lawsuit against the federal government demanding that cruises be allowed to resume from the United States immediately.


“We don’t believe the federal government has the right to mothball a major industry for over a year based on very little evidence and very little data,” DeSantis said in a news conference at Miami’s seaport. “I think we have a good chance for success.”


This is stupidity at multiple levels but the primary reason it is stupid is because the global travel industry is a hoax created by a corrupt U.S. Government! The corrupt U.S. Government is “cooking the books” so people can travel without earning a single penny of real income!


For the last 52 years, the corrupt U.S. Government has been running a classic Ponzi scheme, I call it USAPonzi, that is borrowing money, I call it imaginary-counterfeit money, from the future Americans so people all over the planet can travel by car, airplane, or cruise ship and charge it to the future Americans


This accounting fraud has allowed people to travel rather than work which is causing the germs created by the Coronavirus Pandemic to get transmitted locally because people are living closer and closer together, especially on cruise ships, and to get transmitted globally because the corrupt U.S. Government is printing an infinite stream of imaginary-counterfeit money so more and more people can travel to spread these germs all over the planet!


The global travel industry is a hoax created by a corrupt U.S. Government! The corrupt U.S. Government is borrowing an infinite stream of imaginary-counterfeit money from the future Americans, so far $162.5 Trillion, so that more and more people can buy a car, ride on airplanes, stay in hotels, and go on cruises without earning any real money!


I call this money, imaginary-counterfeit money, because the corrupt U.S. Government is pretending like (imagining) the future Americans can pay it someday but it is counterfeit because the future Americans can never pay it!


The corrupt U.S. Government has got to stop printing counterfeit money because this accounting fraud is causing Economic Inequality, Global Warming, the Coronavirus Pandemic, a Hunger Pandemic, and a Global Depression!


We have got to stop traveling so much because we cannot afford it and we have got to stop stirring this giant global petri dish of germs with the giant spoon of global travel produced by the corrupt U.S. Government printing counterfeit money!


The cruising business will evaporate when this accounting fraud is exposed!


The travel business will largely evaporate when this accounting fraud is exposed!


The global economy is operating on the imaginary-counterfeit money that the corrupt U.S. Government is fraudulently borrowing from the future Americans!


The following chart shows how the corrupt U.S. Government could print a quadrillion dollars (a thousand trillion) of imaginary-counterfeit money by 2040 if this accounting fraud is allowed to continue! The future Americans have a whole lot of imaginary-counterfeit money!





The corrupt U.S. Government started fraudulently borrowing money from the future Americans in FY1969 when LBJ proposed and the U.S. Congress approved the Unified Budget which stopped accruing for future U.S. Government benefit promises!


The U.S. upper class is getting filthy rich because the corrupt U.S. Government is fraudulently borrowing imaginary-counterfeit money, so far $162.5 Trillion, from the future Americans and giving it to the U.S. upper class by undertaxing them!


If $162.5 Trillion does not yet qualify as filthy rich, then I think a quadrillion dollars should just about do it!


As long as the corrupt U.S. Government keeps on printing an infinite supply of imaginary-counterfeit money by borrowing it from the future Americans, we will keep on building more cars, more airplanes, more hotels, and more cruise ships!

 

National Debt  $28.2 Trillion 
Cash Deficit in FY2021  $3.25 Trillion 
GAAP Deficit in FY2021  $14.82 Trillion 
US Unfunded Future Liabilities  $134.3 Trillion 
US Unfunded Liabilities (GAAP)  $162.5 Trillion 
Imaginary-Counterfeit Money  $162.5 Trillion 
US Total National Assets  $161.2 Trillion 

Source: www.usdebtclock.org April 12, 2021


I have written two websites (
www.usaponzi.net and www.usaponzi.com) and eight books that explain USAPonzi and the impact it is having on Planet Earth. My latest book (USAPonziE) is available on Amazon and can also be downloaded from my www.usaponzi.net website.


John W. White
Plano, TX