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

Gun Violence caused by US Government Fraud!
August 6, 2019
Emailed to 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/DMN, and Dallas Mayor Eric Johnson on 8/8/19
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When the U.S. Government is trying to understand why gun violence seems to be becoming more prevalent, they need look no further than the current U.S. Government fiscal policy!


The current U.S. Government fiscal policy is causing gun violence!


The current U.S. Government fiscal policy is causing gun violence for two primary reasons:


1) The U.S. Government is committing a fiscal and accounting fraud that is providing the weapons to commit gun violence!


The current U.S. Government fiscal policy is printing counterfeit money that Americans can use to buy guns, bullets, and bombs”!


2) Certain elements of the U.S. population are frustrated enough with U.S. Government policies that they are willing to express this dissatisfaction with gun violence!


The current U.S. Government fiscal policy is enriching the rich and cheating the unrich”! Many people are upset with the fact that the U.S. upper class is doing extremely well when the U.S. general public is struggling to make ends meet!


Simply stated, the U.S. Government is committing fiscal and accounting fraud by not using proper GAAP Accounting! The U.S. Government is not accruing the money to pay future U.S. Government benefit promises!


1) The rich are being enriched by $102.7 Trillion (US Unfunded Future Liabilities) because the U.S. upper class is not being taxed to pay for future U.S. Government benefit promises to the U.S. general public!


2) The unrich are being cheated by $102.7 Trillion (US Unfunded Future Liabilities) be
cause the U.S. upper class is not being taxed to pay for future U.S. Government benefit promises to the U.S. general public!


When the U.S. Government uses fraudulent accounting to enrich the rich by $102.7 Trillion and cheat the unrich by $102.7 Trillion, this produces fairly dramatic economic inequality! This is why we have a wealth and income gap in America! The U.S. Government is committing fiscal and accounting fraud to enrich the rich and cheat the unrich!


Frustrated people in America have both the means (guns, bullets, and bombs) and the motive (economic inequality) to commit gun violence and both the means and the motive are caused by U.S. Government accounting fraud!


The corrupt and criminal U.S. Government is causing gun violence by not operating its fiscal policy with proper 
GAAP Accounting!


The corrupt and criminal U.S. Government is not operating its fiscal policy with proper GAAP Accounting and, as a result, is fraudulently borrowing an unending and ever-increasing stream of money from the future Americans, money the future Americans do not have, and giving it to the U.S. upper class!


The U.S. Government has fraudulently borrowed $125.2 Trillion of counterfeit money from the future Americans so Planet Earth can buy a lot of guns, bullets, and bombs! This accounting fraud has provided enough counterfeit money that Planet Earth has purchased 75,000,000 AK-47s! If this accounting fraud is allowed to continue, Planet Earth could, in theory, obtain an infinite number of AK-47s!


The U.S. Government is in the process of fraudulently borrowing an unending and ever-increasing (infinite) amount of counterfeit money from the future Americans so the current Americans can buy an unending and ever-increasing (infinite) number of guns, bullets, and bombs!


The U.S. Government is promoting gun violence by printing counterfeit money so that more and more people can buy guns, bullets, and bombs!


The U.S. Government has printed $125.2 Trillion of counterfeit money so a lot of people can own guns, bullets, and bombs!


The U.S. Government is committing a fiscal and accounting fraud by using Cash Accounting rather than proper GAAP Accounting which has fraudulently allowed the U.S. Government to borrow money from the future Americans and give it to the current Americans! The U.S. Government has fraudulently deferred $125.2 Trillion of public liabilities (US Unfunded Liabilities (GAAP)) to the future Americans so that it can give $125.2 Trillion of counterfeit money to the U.S. upper class!


People all over Planet Earth are buying stuff (including guns, bullets, and bombs) with counterfeit money that the U.S. Government is creating out of “thin air”!


The U.S. Government fiscal policy is a classic Ponzi scheme, I call it USAPonzi, that is borrowing, what I call imaginary-counterfeit money, from the future Americans and giving it to the current Americans, primarily the U.S. upper class, by undertaxing them! 


This fiscal and accounting fraud has appeared to create massive wealth for the current Americans, currently $125.2 Trillion, and is printing another $16.8 Billion of imaginary-counterfeit money every day to create unending and ever-increasing wealth for the U.S. upper class? GAAP basis deficit spending by the U.S. Government prints imaginary-counterfeit money and gives it to the U.S. upper class!


As the apparent wealth of Americans continues to increase, Americans are buying and building an unending and ever-increasing number of cars, trucks, airplanes, houses, apartments, condos, banks, restaurants, skyscrapers, guns, bullets, and bombs!


Almost all of the AK-47s that exist on Planet Earth have been purchased with this $125.2 Trillion of imaginary-counterfeit money that the U.S. Government is fraudulently borrowing from the future Americans.


If Americans had to buy their AK-47s with real earned income, most Americans would not be able to afford them!


August 3, 2019
  Topic: Security  Blog Brand: The Buzz  Tags: AK-47MilitaryTechnologyWorldGunsRifles

AK-47 Fact: There Are 75,000,000 of These Deadly Rifles Around the World
What you need to know. 

by Blake Franko


Most of these 75,000,000 AK-47s have been purchased with the $125.2 Trillion of imaginary-counterfeit money that the U.S. Government has fraudulently borrowed from the future Americans!


This accounting fraud is in the process of printing an infinite supply of imaginary-counterfeit money so the entire planet can buy and build an infinite number of guns, bullets, and bombs to provide the weapons to enable both international and domestic terrorism!


The corrupt and criminal U.S. Government is fraudulently borrowing an infinite supply of imaginary-counterfeit money from the future Americans, money the future Americans do not have, and giving it to the current Americans, primarily the U.S. upper class!


If the U.S. Government was operating its fiscal policy with proper GAAP Accounting, it would realize that it has borrowed $125.2 Trillion (US Unfunded Liabilities (GAAP)) from the future Americans and given it to the U.S. upper class which can never be paid!


Planet Earth now contains 75,000,000 AK-47s that have been fraudulently purchased with $125.2 Trillion of imaginary-counterfeit money that the corrupt and criminal U.S. Government has fraudulently borrowed from the future Americans and given to the U.S. upper class by undertaxing them!


This U.S. Government fiscal and accounting fraud is filling up Planet Earth with cars, trucks, airplanes, houses, apartments, condos, banks, restaurants, skyscrapers, guns, bullets, and bombs that have been purchased with imaginary-counterfeit money that the corrupt and criminal U.S. Government has fraudulently borrowed from the future Americans!


Honest Accounting by the U.S. Government will reduce the number of new purchases of AK-47s but unfortunately the current 75,000,000 AK-47s have already been purchased and most of them were purchased with the $125.2 Trillion of imaginary-counterfeit money that the U.S. Government has fraudulently borrowed from the future Americans!


Weapons of War magnified by U.S. Government Fraud


While this commentary has explained how U.S. Government fiscal and accounting fraud has fraudulently borrowed $125.2 Trillion of imaginary-counterfeit money from the future Americans so the current Americans can buy guns, bullets, and bombs to produce gun violence, it should also be noted that this same fraud has produced this $125.2 Trillion of imaginary-counterfeit money to finance the American military arsenal!


The United States of America has more “weapons of war” than any other country on the planet because the U.S. Government has fraudulently printed $125.2 Trillion of imaginary-counterfeit money to build and buy these “weapons of war”!


The U.S. Government is making financial commitments that it cannot possibly keep and as a result has created an American military arsenal that far exceeds what the U.S. taxpayers can afford! If the U.S. Government was operating it fiscal policy with honest accounting (aka GAAP Accounting) the size of an affordable American military arsenal would be more like “a canoe and a BB gun”!


The U.S. Government does not have the money to pay current period operating expenses, pay U.S. Government benefit promises, and pay for the current American military arsenal! The U.S. Government is not accruing for the future benefit promises ($102.7 Trillion) so that it can pretend to pay its financial commitments!


 

National Debt $22.5 Trillion
Cash Deficit in FY2019 $0.98 Trillion
GAAP Deficit in FY2019 $6.13 Trillion
US Unfunded Future Liabilities $102.7 Trillion
US Unfunded Liabilities (GAAP) $125.2 Trillion
Imaginary-Counterfeit Money $125.2 Trillion
Total National Assets $155.3 Trillion

Source: www.usdebtclock.org August 6, 2019


The corrupt and criminal U.S. Government is lying to and cheating the U.S. general public by promising future benefits that it is not funding because it is not using proper GAAP Accounting!


The corrupt and criminal U.S. Government is in the process of borrowing an infinite amount of money from the future Americans and giving it to the U.S. upper class!


The corrupt and criminal U.S. Government is committing a fiscal and accounting fraud that is causing gun violence by fraudulently borrowing money from the future Americans to buy guns, bullets, and bombs!


This fraud/Ponzi scheme is explained in more detail on my websites www.usaponzi.net and www.usaponzi.com and in my fifth book on this Ponzi scheme, “USAPonziB!


John W White

Plano, TX