Homes sell over list in Dallas (by Fraud)
January 11, 2018
Emailed to WSJ/NYT/WP/DMN, the US SEC, Congressman Pete Sessions, Congressman Sam Johnson, Senator John Cornyn, and Senator Ted Cruz on 1/11/18
The following is an Op-Ed to “The Wall Street Journal”, “The New York Times”, “The Washington Post”, and “The Dallas Morning News” that explains why 39% of the homes in the Dallas area sold for more than list price. This is happening because the corrupt and criminal U.S. Government is printing counterfeit money by borrowing money from the future Americans, money that the future Americans do not have, and giving it to the current Americans!
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”!
At some point, when the “news media” fails to follow its ethical responsibility to inform the general public of this U.S. Government fraud, ethical responsibility failure transitions to a criminal act by the “news media” for aiding and abetting the corrupt and criminal U.S. Government!
Homes sell over list in Dallas (by Fraud)
January 11, 2018
To Steve Brown
Real Estate Editor
Dallas Morning News
39% of homes sell over list-Dallas Morning News January 11, 2018
Steve, after reading your above noted article in the Dallas Morning News today, I am compelled to one more time explain why real estate prices continue to go up! Home prices are going up and homes are frequently selling over list price because the U.S. Government is fraudulently issuing counterfeit money ($111.6 Trillion so far) to Americans so that they can buy things, including homes, that they cannot otherwise afford.
The Dallas Morning News has a public responsibility to inform these home buyers that they are making foolish buying decisions by committing to buy these homes at these outrageous prices!
Real estate prices are going up because the U.S. Government is corrupt! The corrupt and criminal U.S. Government is operating with a fraudulent accounting system by not using proper GAAP Accounting! The corrupt and criminal U.S. Government is committing a fiscal and accounting fraud that has borrowed $111.6 Trillion of imaginary-counterfeit money from the future Americans and given it to the current Americans. The corrupt and criminal U.S. Government is borrowing $16.4 Billion more imaginary-counterfeit money every day from the future Americans and giving it to the current Americans!
This money is imaginary and counterfeit because the future Americans do not have $111.6 Trillion! Americans are buying these homes with monopoly money! Americans are buying almost everything with monopoly money!
The corrupt and criminal U.S. Government is printing counterfeit money so that Americans can buy stuff they cannot afford.
Americans are making foolish financial commitments to build and buy stuff that they cannot afford because the U.S. Government is corrupt!
The Housing Bubble is not caused by an undersupply of housing inventory; the Housing Bubble is caused by the rampant oversupply of counterfeit money that the corrupt and criminal U.S. Government is printing with GAAP basis deficit spending!
We have got to stop this fraud because we are building the wrong kind of housing in the wrong kind of places!
We are building housing that is way to plush and fancy and we are piling this housing into ever more cramped spaces because people think they can make a living in these cramped spaces. This is all due to U.S. Government accounting fraud! Americans, at least the upper-class Americans, appear to be getting rich because the U.S. Government is printing counterfeit money with fraudulent accounting.
The Dallas Morning News needs to start doing its job and start telling the financial truth! The entire planet is making foolish financial decisions because the people in Washington, DC have been committing fiscal and accounting fraud since 1969.
The Dallas Morning News needs to expose this U.S. Government accounting fraud so that we can start making sound and proper financial decisions.
This fraud is building a lot of stuff that we cannot effectively use. We have too many cars, too many airplanes, too many big houses, too many luxury condos and apartments, too many smartphones, too many ships, too many weapons, too many of everything! We are buying and building this stuff with imaginary-counterfeit money that the corrupt and criminal U.S. Government is fraudulently borrowing from the future Americans!
This fraud has built the city of Las Vegas, skyscrapers in the Middle East, and Ghost cities and airports in China; among many, many other financial fiascos!
The “news media” needs to start telling the truth rather than printing “fake news” about how things are looking great so that we will buy and build more stuff that we cannot afford and cannot effectively use!
|Cash Deficit in FY2018
|GAAP Deficit in FY2018
|US Unfunded Future Liabilities
|US Unfunded Liabilities (GAAP)
|Total National Assets
Source: www.usdebtclock.org January 11, 2018
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 ($111.6 Trillion) financial fraud ever perpetrated, I call it “USAPonzi: The Ultimate Government Fraud” and “The Biggest Ponzi Scheme on the Planet”.
John W. White