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

                    Copyright Declaration                                                                                                                                       John W. White    March 29, 2013

Home Building Stupidity caused by Gov Fraud 211027
October 27, 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 10/27/21


We live on a
Planet of Fools! Why has the corrupt U.S. Government been able to select and operate with an obviously biased fiscal policy for the last 53 years that favors America over the rest of the planet and the elite over the common man and nobody on the planet has been willing to challenge this criminal activity even as it is destroying the planet by causing Global Warming?


We are stupidly building homes we do not need and cannot afford, in places where we cannot use them, with money we do not have because the stupid, incompetent, corrupt, and criminal U.S. Government is “cooking the books” to stealthily and fraudulently borrow counterfeit money from the future Americans and give it to the U.S. upper class!


The corrupt U.S. Government is borrowing an infinite amount of counterfeit money from the future Americans and giving it to the U.S. upper class so the entire planet can buy an infinite amount of stuff (including homes) and charge these purchases to the future Americans and no one seems to know that this is happening!


CNBC
REAL ESTATE

Homebuilder sentiment bounces back despite ongoing supply chain problems
MON, OCT 18 2021 
Diana Olick


KEY POINTS
Builder confidence in the single-family home construction market rose 4 points to 80 in October on the National Association of Home Builders/Wells Fargo Housing Market Index.


Of the index’s three components, current sales conditions climbed 5 points to 87.


Sales expectations in the next six months increased 3 points to 84 and buyer traffic rose 4 points to 65.


Home buyers
are stupid for buying these homes!


Home builders
are stupid for building these homes!


The U.S. Government is stupid, incompetent, corrupt, and criminal for printing $158.1 Trillion of counterfeit money to make these home buyers think they can afford these homes!


We are stupidly filling up Planet Earth with houses, apartments, and condos, that are being built with counterfeit money, so far $158.1 Trillion, that the corrupt U.S. Government is fraudulently borrowing from the future Americans!


As long as the stupid and corrupt U.S. Government keeps printing counterfeit money, we will keep on building more and more homes and paying more and more for these homes!


The corrupt U.S. Government is stupidly operating its fiscal policy with cash accounting rather than proper accrual accounting!


The corrupt U.S. Government has gotten Planet Earth into a real pickle by making a stupid decision to “cook the books”!


Stupid

having or showing a great lack of intelligence or common sense.


Stupid
is a harsh and critical word but the corrupt U.S. Government is stupidly causing Planet Earth to do and experience some really stupid even disastrous things! As an example, it is stupid and criminal for the corrupt U.S. Government to promise future benefits to the U.S. general public and not accrue the money to pay for these future benefits! As another example, it is stupid and criminal for the corrupt U.S. Government to burn up Planet Earth!


The corrupt U.S. Government has fraudulently borrowed $158.1 Trillion of counterfeit money from the future Americans and given it to the U.S. upper class so the current Americans and people all over Planet Earth can build a whole-hell-of-a-lot of homes and charge them all to the future Americans!


Wall Street 
has not yet discovered how the corrupt U.S. Government is pulling off this accounting trick!


The U.S. Government is corrupt and criminal for promising future benefits to the U.S. general public and not taxing the
U.S. upper class to pay for these future benefits!


This is stupidity! This is stupidity on steroids!


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 $158.1 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 homes 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 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 $158.1 Trillion 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 buy a whole-hell-of-a-lot more homes with a Quadrillion dollars of imaginary-counterfeit money!





My 16th whistleblower letter to my congressman Van Taylor 211012 explains the epic financial, economic, physical, and humanitarian disaster that is just ahead for Planet Earth because of the 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  $28.9 Trillion 
Cash Deficit in FY2022  $3.00 Trillion 
GAAP Deficit in FY2022 
$7.30 Trillion 
US Unfunded Future Liabilities  $129.2 Trillion 
US Unfunded Liabilities (GAAP)  $158.1 Trillion 
Imaginary-Counterfeit Money 
$158.1 Trillion 
US Total National Assets 

$200.7 Trillion 

Source: www.usdebtclock.org October 27, 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.


My commentary Fed-Asleep At The Switch 210901 gives a summary of the issues that this Ponzi scheme/accounting fraud is causing!


John W. White

Plano, TX