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

                    Copyright Declaration                                                                                                                                       John W. White    March 29, 2013

Great Resignation caused by US Gov Fraud 211115
November 15, 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 11/15/21


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 causing The Great Resignation” by fooling people into thinking they have enough money to not have to work!


The corrupt U.S. Government is fraudulently borrowing an infinite amount of imaginary-counterfeit money from the future Americans so the current Americans see their stock holdings, their pension plans, their veterans benefits, their Social Security benefits, their health care benefits, etc. etc. continuing to grow to the point that working is no longer worth it!


This corruption within the U.S. Government has produced a coming catastrophe of epic proportions when this corruption is properly exposed!


So far, the corrupt U.S. Government has printed $159.4 Trillion of imaginary-counterfeit money that will evaporate when the corrupt U.S. Government is forced to start telling the truth!


At that point in time, everybody will be scrambling for a job, any job, that will put food on the table! 


This will mark the start of The Greatest Depression!


The corrupt U.S. Government has intentionally misled the entire planet by “cooking the books”!


CNBC.com WORK
A record 4.4 million people quit in September as Great Resignation shows no signs of stopping
Published Fri, Nov 12 2021
Jennifer Liu



A record-high 4.4 million people, or 3% of workers, quit their job in September, according to the Labor Department’s latest Job Openings and Labor Turnover Survey released Friday.


The tight market, where workers have more leverage to move around and employers are doing everything they can to staff up, is already impacting the holiday shopping season, ZipRecruiter chief economist Julia Pollak tells CNBC Make It.


And there’s reason to believe quitting will continue well into 2022.


Where people are quitting


High turnover is primarily concentrated in essential frontline industries where jobs can’t be done remotely. Some of September’s biggest losses come from the already strained leisure and hospitality, retail, manufacturing and health services industries. People left their jobs fastest in the Southern region of the country.


With the pace of quitters, Pollak says, “employers are basically having to replace their entire staff in just a couple of months. It’s really quite dramatic.”


Quits increased the most in arts, entertainment and recreation (like people who staff live events); other services (which ranges from auto workers to hairstylists to laundry workers); and local and state government jobs.


So far, roughly 34.4 million people have quit their jobs this year, with more than 24 million doing so since April. By comparison, 36.3 million people quit their job in all of 2020.


I am a
whistleblower! The U.S. Government is corrupt! The corrupt U.S. Government is “cooking the books”!


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 $159.4 Trillion (US Unfunded Liabilities (GAAP)) from the future Americans and given it to the U.S. upper class by undertaxing them to create hundreds of counterfeit billionaires and millions of counterfeit millionaires!


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!


The corrupt U.S. Government has created a new but artificial currency that I call the imaginary-counterfeit dollar! The imaginary-counterfeit dollar, as the name implies, is imaginary (it does not exist) and counterfeit (it has no value), but it is masquerading as a real dollar! The entire planet is now operating on the imaginary-counterfeit dollar and the corrupt U.S. Government is printing more imaginary-counterfeit dollars every day by fraudulently borrowing it from the future Americans and giving it to the U.S. upper class with GAAP basis deficit spending!


Just as an example, the corrupt U.S. Government is filling up Planet Earth with an infinite number of cars that are being purchased with the infinite number of imaginary-counterfeit dollars that the corrupt U.S. Government is fraudulently borrowing from the future Americans and giving to the U.S. upper class by undertaxing them!


This is why the U.S. Government accounting fraud that I call USAPonzi is causing Global Warming!


Americans
are fraudulently buying an infinite amount of stuff with the infinite amount of monopoly money that the corrupt U.S. Government is pretending to borrow from the future Americans!


This U.S. Government accounting 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 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 $159.4 Trillion and given it to the U.S. upper class!


This notional 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!




My 17th Whistleblower Letter to my congressman Van Taylor explains in more detail how this corrupt U.S. Government accounting fraud that I call USAPonzi is enriching America, cheating the rest of the planet, enriching the U.S. upper class, cheating the U.S. general public, causing global warming, causing the coronavirus pandemic, causing a hunger pandemic, setting the stage for The Greatest Depression, and destroying planet earth!


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!


This imaginary-counterfeit money will evaporate when this U.S. Government fiscal and accounting fraud is properly exposed and essentially nobody with have any money marking the start of The Greatest Depression!


The corrupt U.S. Government must start operating its fiscal policy with GAAP Accounting and commit to a balanced GAAP basis budget to eliminate this U.S. Government corruption and create a level playing field for the entire planet!

 

US National Debt  $29.0 Trillion 
Cash Deficit in FY2022  $2.80 Trillion 
GAAP Deficit in FY2022 
$17.01 Trillion 
US Unfunded Future Liabilities  $130.4 Trillion 
US Unfunded Liabilities (GAAP)  $159.4 Trillion 
Imaginary-Counterfeit Money 
$159.4 Trillion 
US Total National Assets 

$202.1 Trillion 

Source: www.usdebtclock.org November 15, 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