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

Hoax-Dupe-Ruse-Scam-Con-Ponzi-Fraud-Crime
November 17, 2017    Emailed to WSJ/NYT/DMN on 11/17/17


The following is an Op-Ed to “The Wall Street Journal”, “The New York Times” and “The Dallas Morning News” that explains how the corrupt U.S. Government is operating with a fiscal policy that is a hoax, a dupe, a ruse, a scam, a con, a Ponzi scheme, a fraud, and a crime!


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”!


Hoax-Dupe-Ruse-Scam-Con-Ponzi-Fraud-Crime

November 17, 2017


The rich and the powerful in America have resorted to fiscal and accounting fraud to gain economic advantage over the U.S. general public and the rest of the planet!


The U.S. Government is operating with a fiscal policy that is a hoax, a dupe, a ruse, a scam, a con, a Ponzi scheme, a fraud, and a crime!


This Ponzi scheme/fraud is enriching the U.S. ruling class and colossally enriching the U.S. upper class! This Ponzi scheme/fraud is cheating the U.S. general public and the rest of the planet!


The U.S. Government is “Cooking the Books”! The U.S. Government is corrupt!


The U.S. Government is not operating its fiscal policy according to Generally Accepted Accounting Principles (GAAP Accounting)! The U.S. Government is not properly accruing for the future benefit promises that it has made to the U.S. general public. The U.S. Government has deferred $108.9 Trillion of public liabilities (US Unfunded Liabilities (GAAP)) to the future Americans, has undertaxed the U.S. upper class by $108.9 Trillion, and has underfunded the future benefit promises to the U.S. general public by $88.4 Trillion.


The corrupt U.S. Government is fraudulently borrowing fake money ($108.9 Trillion) from the future Americans so that it can enrich itself and its U.S. upper-class friends! I call this fake money; imaginary-counterfeit money!


The corrupt U.S. Government is cheating the U.S. general public by promising to pay U.S. Government benefits but has underfunded these benefit promises ($88.4 Trillion) so that it can enrich itself and its U.S. upper-class friends!


The corrupt U.S. Government is cheating the rest of the planet by borrowing fake money ($108.9 Trillion) from the future Americans and giving it to the current Americans so the current Americans can buy stuff from the rest of the planet with this fake money!


This is a fraud and a Ponzi scheme because the future Americans do not have $108.9 Trillion!


The corrupt U.S. Government has fraudulently borrowed $108.9 Trillion of fake money from the future Americans, money that the future Americans do not have, and given it to the U.S. upper class!


The corrupt U.S. Government has pulled $108.9 Trillion of fake money out of “thin air” and given it to the U.S. upper class simply by committing fiscal and accounting fraud by operating with Cash Accounting rather than the proper GAAP Accounting!


The U.S. Government is operating with a fiscal policy that is a hoax, a dupe, a ruse, a scam, a con, a Ponzi scheme, a fraud, and a crime!


The U.S. Government is “Cooking the Books”! The U.S. Government is corrupt!


The U.S. Government is running a $108.9 Trillion Ponzi scheme!


The senior members of the U.S. Government are “Criminals, Scoundrels, Liars, and Cheaters”!


The rich and the powerful in America have resorted to fiscal and accounting fraud to gain economic advantage over the U.S. general public and the rest of the planet!

National Debt  $20.5 Trillion 
Cash Deficit in FY2018  $0.68 Trillion 
GAAP Deficit in FY2018  $5.66 Trillion 
US Unfunded Future Liabilities  $88.4 Trillion 
US Unfunded Liabilities (GAAP)  $108.9 Trillion 
Imaginary-Counterfeit Money  $108.9 Trillion 
Total National Assets  $135.2 Trillion 

Source: www.usdebtclock.org Nov 17, 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 ($108.9 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