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

                    Copyright Declaration                                                                                                                                       John W. White    March 29, 2013

Gas Prices are going up by US Gov Fraud 211126
November 26, 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 11/26/21


Gas Prices are going up
because the
U.S. Government is corrupt!


The corrupt U.S. Government is fraudulently borrowing an infinite amount of counterfeit money from the future Americans and giving it to the U.S. upper class so the current Americans can fraudulently buy an infinite amount of gasoline!


Americans
are buying oil and gas with monopoly money that the corrupt U.S. Government is pretending to borrow from the future Americans!


Biden
should not be asking OPEC to produce more oil and gas to keep the price of gasoline down!


Biden should not be tapping the strategic oil reserve to keep the price of gasoline down!


First of all, this is not the purpose of the strategic oil reserve, secondly this is a drop in the bucket compared to the size of the problem, and thirdly you do not want to encourage the consumption of fossil fuels when Planet Earth is being burned up by Global Warming!


The corrupt U.S. Government just needs to stop printing counterfeit money!


The corrupt U.S. Government is fraudulently draining Planet Earth of its oil and gas reserves by “cooking the books”!


The
corrupt
U.S. Government is fraudulently borrowing an infinite amount of counterfeit money from the future Americans and giving it to the U.S. upper class so the current Americans can buy an infinite amount of oil and gas!


The corrupt U.S. Government is not operating its fiscal policy with proper and Generally Accepted Accounting Principles (GAAP Accounting)!


The corrupt U.S. Government has, so far, printed $161.3 Trillion of counterfeit money!


I am a
whistleblower! The U.S. Government is corrupt! The corrupt U.S. Government is “cooking the books” (See USAPonzi-The Great American Fraud)!


The corrupt U.S. Government is committing a fiscal and accounting fraud, I call it USAPonzi, by not operating its fiscal policy with proper accrual accounting! The corrupt U.S. Government has fraudulently borrowed $161.3 Trillion (US Unfunded Liabilities (GAAP)) from the future Americans and given it to the U.S. upper class by undertaxing them so the current Americans can buy a whole-hell-of-a-lot of oil and gasoline with monopoly money!


The corrupt U.S. Government is not operating its fiscal policy with proper accrual accounting (GAAP Accounting) and as a result is running a classic Ponzi scheme, I call it USAPonzi, that is in the process of printing an infinite amount of counterfeit money, I call it imaginary-counterfeit money, by fraudulently borrowing it from the future Americans, money the future Americans do not have, and giving it to the U.S. upper class by undertaxing them!


This fraud was started in 1969 when a scoundrel, Lyndon Baines Johnson, proposed and the corrupt U.S. Congress approved the Unified Budget but did not switch from Cash Accounting to GAAP Accounting that would properly accrue the money to pay future U.S. Government benefits to the U.S. general public!


The following notional chart shows how the corrupt U.S. Government started fraudulently borrowing imaginary-counterfeit money from the future Americans in 1969 and, so far, has fraudulently borrowed $161.3 Trillion from the future Americans and given it to the U.S. upper class!


This chart also gives a graphical projection of how the corrupt U.S. Government, with the current Ponzi scheme fiscal policy, could fraudulently borrow over a Quadrillion dollars (a thousand Trillion dollars) of imaginary-counterfeit money from the future Americans by 2041 and give it to the U.S. upper class so the entire planet can fraudulently buy a whole-hell-of-a-lot more oil and gasoline with a Quadrillion dollars of imaginary-counterfeit money!



The current Americans, since 1969, have being buying essentially everything they want and need with the infinite supply of monopoly money that the corrupt U.S. Government is fraudulently borrowing from the future Americans!


This is why gas prices keep going up and this is why the Americans are fraudulently consuming a huge portion of the global supply of oil, gas, and other natural resources of Planet Earth!


Americans would not be consuming nearly as much oil and gas if they were having to pay for it with real money!


An infinite amount of monopoly money can buy a lot of oil and gas!


This is also what is causing Global Warming, Climate Change, and the Supply Chain Disaster! The corrupt U.S. Government is printing an infinite supply of imaginary-counterfeit money by fraudulently borrowing it from the future Americans so the current Americans can fraudulently buy an infinite amount of stuff without having to pay for it!


This is why OPEC can sell so much oil! This is why Apple can sell so many iPhones! This is why Microsoft can sell so much software! This is why Amazon can sell so much stuff! This is why Elon Musk can sell so many Teslas! This is why Netflix can sell so many movies! This is why Google and Facebook can sell so many ads! Etc. Etc. Etc.


The corrupt U.S. Government is “cooking the books” by promising future benefits to the U.S. general public and not taxing the U.S. upper class to pay for these future benefits!


My commentary PEMMA-Planet Earth Man-Made Apocalypse 211101 explains the epic financial, economic, physical, and humanitarian disaster that is just ahead for Planet Earth because of this corruption within the U.S. Government!


The fools on Wall Street have been fooled by the criminals in Washington! In the defense of Wall Street, the corrupt U.S. Government may have fooled itself! We do not yet know if the people in the U.S. Government are accidental fools or intentional criminals! I suggest that we have some of each but they are all criminals whether they know it or not!

 

US National Debt  $29.0 Trillion 
Cash Deficit in FY2022  $2.80 Trillion 
GAAP Deficit in FY2022 
$15.15 Trillion 
US Unfunded Future Liabilities  $132.3 Trillion 
US Unfunded Liabilities (GAAP)  $161.3 Trillion 
Imaginary-Counterfeit Money 
$161.3 Trillion 
US Total National Assets 

$203.1 Trillion 

Source: www.usdebtclock.org November 26, 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 be downloaded from my websites in pdf format.


John W. White

Plano, TX