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

Jeff Bezos-The $100 Billion Man by Fraud
November 28, 2017  Emailed to WSJ/NYT/DMN on 11/28/17


The following is an Op-Ed to “The Wall Street Journal”, “The New York Times” and “The Dallas Morning News” that explains how U.S. Government fiscal and accounting fraud has appeared to make Amazon's Jeff Bezos a $100 Billion Man!


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”!


Jeff Bezos-The $100 Billion Man by Fraud

November 28, 2017


Jeff Bezos’s Net Worth Just Broke $100 Billion
By Tom Metcalf
November 24, 2017, 12:05 PM CST
https://www.bloomberg.com/news/articles/2017-11-24/jeff-bezos-fortune-hits-100-billion-on-black-friday-stock-surge


The U.S. Government is committing a fiscal and accounting fraud that has made the founder of Amazon, Jeff Bezos, appear to worth $100 Billion! This U.S. Government fraud is a Ponzi scheme (USAPonzi) that has fraudulently borrowed $109.1 Trillion from the future Americans, money that the future Americans do not have, and given it to the current Americans so that they can buy a lot of stuff from Amazon!


The U.S. Government has created $109.1 Trillion of imaginary-counterfeit money out of “thin air” so that Americans can buy an unending stream of stuff from Amazon and all other vendors! This is a $109.1 Trillion accounting fraud that is being perpetrated by the U.S. Government!


Amazon will have a hard time selling anything to anybody when the U.S. Government starts telling the financial truth! The U.S. Government is digitally printing imaginary-counterfeit money so that Americans can buy stuff that they cannot afford! This fraud is producing an ever-expanding stream of imaginary-counterfeit money so Jeff Bezos' net worth will magically increase towards infinity until USAPonzi is exposed!


The U.S. Government is committing fiscal and accounting fraud by operating with Cash Accounting rather than the proper and Generally Accepted Accounting Principles of GAAP Accounting so that it can fraudulently give the current Americans plenty of fake purchasing power!


This fraud is explained in great detail in my Whistleblower Letter #13 to the U.S. Securities and Exchange Commission!


Jeff Bezos is an imaginary-counterfeit $100 Billionaire because we have a corrupt U.S. Government that has fraudulently borrowed $109.1 Trillion of imaginary-counterfeit money from the future Americans and given it to the current Americans so that we can buy a lot of stuff from Amazon (See Amazon-A Counterfeit Company)!


As long as USAPonzi continues to operate, Jeff Bezos' net worth will converge toward infinity! When USAPonzi implodes, Jeff Bezos' net worth will converge toward zero!

 

National Debt  $20.5 Trillion 
Cash Deficit in FY2018  $0.68 Trillion 
GAAP Deficit in FY2018  $5.66 Trillion 
US Unfunded Future Liabilities  $88.6 Trillion 
US Unfunded Liabilities (GAAP)  $109.1 Trillion 
Imaginary-Counterfeit Money  $109.1 Trillion 
Total National Assets  $135.5 Trillion 

Source: www.usdebtclock.org Nov 28, 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 ($109.1 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