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

                    Copyright Declaration                                                                                                                                       John W. White    March 29, 2013

KB Home Stupidity caused by US Gov Fraud 220115
January 15, 2022
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 1/15/22


The corrupt U.S. Government is causing The Housing Bubble!


KB Home (KBH) announced outstanding earnings this week because the U.S. Government is corrupt!


I am a whistleblower! The U.S. Government is corrupt! The corrupt U.S. Government is “cooking the books” by not operating its fiscal policy with proper and Generally Accepted Accounting Principles (GAAP Accounting)!


Because of this accounting fraud, the corrupt U.S. Government is borrowing counterfeit money from the future Americans so the current Americans can buy houses with this counterfeit money! Because of this accounting fraud, the current Americans are buying houses they cannot afford and will never be able to pay for!


KB Home appears to have a great business going because the corrupt U.S. Government is printing counterfeit money faster than KB Home can build houses!


The corrupt U.S. Government is printing an infinite amount of counterfeit money so the current Americans can keep on buying more and more and bigger and bigger new houses and can pay higher and higher prices for the old houses!


The corrupt U.S. Government is causing inflation by printing an infinite amount of counterfeit money (See Inflation caused by US Gov Corruption 220113)!


We appear to have a shortage of houses because we have an infinite amount of counterfeit money!


House prices keep going up at an exponentially increasing rate because the corrupt U.S. Government is printing counterfeit money at an exponentially increasing rate!


KB Home is building houses with counterfeit money that the corrupt U.S. Government has fraudulently borrowed from the future Americans!


So far, this accounting fraud has fraudulently borrowed $163.8 Trillion of counterfeit money from the future Americans which can buy a lot of houses!


https://www.investors.com/news/kbh-stock-q4-earnings-revenue-outlook/
Investor's Business Daily NEWS
KBH Stock Soars On Earnings, Guidance As Rival Hikes Dividend



Homebuilder KB Home reported stronger-than-forecast fourth-quarter results late Wednesday. Industry heavyweight Lennar boosted its dividend by 50%. KBH stock soared Thursday while Lennar eked out a gain.


KB Home's (KBH) earnings jumped to $1.91 per share while revenue rose 40% to $1.68 billion. Analysts polled by FactSet expected EPS of $1.77 on revenue of $1.71 billion.


KB deliveries rose 28% year-over-year to 3,679, while the average selling price increased 9% to $451,100.


"We begin 2022 well-positioned to continue to deliver returns-focused growth," CEO Jeffery Mezger. "Our nearly $5 billion in backlog value and projected substantial year-over-year increase in community count support significant revenue growth this year."


For 2022, the company sees revenue of $7.2 billion to $7.6 billion and for its homebuilding margins to improve to 15.7% to 16.5%.


KB Home appears to be doing great because the corrupt U.S. Government is printing an infinite amount of counterfeit money so we can buy their houses!


The corrupt U.S. Government is causing Planet Earth to buy and build things we cannot afford and cannot effectively use by printing an infinite amount of counterfeit money!


This is stupidity! This is Insanity!


The corrupt and criminal U.S. Government is being run by a bunch of fools, criminals, scoundrels, liars, and cheaters!


Strong letter to follow!


I send a strong letter to my congressman, Van Taylor, every few weeks reminding him that he is a fool, a criminal, a scoundrel, a liar, and a cheater! I also copy several notables on these letters hoping that someone in a position of power will have the courage to start telling the truth!


See Van Taylor Whistleblower Letter #18!


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 “cooking the books” by not operating its fiscal policy according to
proper and Generally Accepted Accounting Principles (GAAP Accounting)!


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 $163.8 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 stuff 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 notional 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 $163.8 Trillion of imaginary-counterfeit money from the future Americans 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 fraudulently buy a whole-hell-of-a-lot more stuff  with a Quadrillion dollars of imaginary-counterfeit money!





The corrupt U.S. Government is filling up Planet Earth with T-shirts, tennis shoes, computers, smartphones, cars, airplanes, houses, apartments, condos, data centers, warehouses, etc. etc. etc. that have been purchased with the infinite supply of imaginary-counterfeit money that the corrupt U.S. Government is fraudulently borrowing from the future Americans and giving to the U.S. upper class!


The current Americans, since 1969, have been buying essentially everything they want and need with the infinite supply of monopoly money that the corrupt U.S. Government is fraudulently borrowing from the future Americans!


The corrupt U.S. Government is printing an infinite supply of imaginary-counterfeit money by fraudulently borrowing it from the future Americans and giving it to the U.S. upper class so the current Americans can fraudulently buy an infinite amount of stuff without having to pay for any of it!


The stock market will continually and fraudulently go up as long as Planet Earth can buy an infinite amount of everything and not have to pay for anything!


This is why OPEC can sell so much oil! This is why Apple can sell so many iPhones! This is why Microsoft can sell so much software! This is why Amazon can sell so much stuff! This is why Elon Musk can sell so many Teslas! This is why Netflix can sell so many movies! This is why Google and Facebook can sell so many ads etc. etc. etc.!


The corrupt U.S. Government is “cooking the books” by promising future benefits to the U.S. general public and not taxing the U.S. upper class to pay for these future benefits!


My commentary
PEMMA-Planet Earth Man-Made Apocalypse 211101 explains the epic financial, economic, physical, and humanitarian disaster that is just ahead for Planet Earth because of this 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  $29.7 Trillion 
Cash Deficit in FY2022  $2.83 Trillion 
GAAP Deficit in FY2022 
$22.23 Trillion 
US Unfunded Future Liabilities  $134.1 Trillion 
US Unfunded Liabilities (GAAP)  $163.8 Trillion 
Imaginary-Counterfeit Money 
$163.8 Trillion 
US Total National Assets 

$199.8 Trillion 

Source: www.usdebtclock.org January 15, 2022


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.


John W. White

Plano, TX