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

                    Copyright Declaration                                                                                                                                       John W. White    March 29, 2013

Macy’s Insanity caused by US Gov Fraud 211118
November 18, 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 11/18/21


Macy’s is reporting insane sales and earnings results because the corrupt U.S. Government is printing counterfeit money!


The corrupt U.S. Government has borrowed $161.1 Trillion of counterfeit money from the future Americans and given it to the U.S. upper class so the current Americans can buy a whole-hell-of-a-lot of stuff from Macy’s!


I am a whistleblower! The U.S. Government is corrupt! The corrupt U.S. Government is “cooking the books” (See
USAPonzi-The Great American Fraud)!


We live on a Planet of Fools! The entire planet refuses to believe that the U.S. Government would print $161.1 Trillion of counterfeit money and give it to the U.S. upper class!


But people should start getting suspicious that something unusual is happening when Macy’s sales and earnings beat estimates so dramatically!


Here’s how Macy’s did in the three-month period ended Oct. 30 compared with what analysts were anticipating, based on a survey by Refinitiv:


Earnings per share: $1.23 adjusted vs. 31 cents expected

Revenue: $5.4 billion vs. $5.2 billion expected


Macy's stock was up 21.21% to $37.37 today based on this earnings report!


CNBC RETAIL
Macy’s shares surge on upbeat earnings, decision to hire AlixPartners to review business
Nov 18, 2021
Lauren Thomas


--Macy’s reported third-quarter earnings and sales that topped analysts’ estimates.
--CEO Jeff Gennette said Macy’s added 4.4 million new customers in the quarter and benefited from an “improved economic environment.”
--Macy’s raised its expectations for earnings and revenue for the full year.
--The department store chain also announced it is working with consulting firm AlixPartners to review its business, amid pushback from the activist Jana Partners to split its e-commerce operations.




Macy’s on Thursday reported fiscal third-quarter earnings and sales that topped analysts’ expectations, leading the department store chain to raise its full-year forecast ahead of the holidays.


Separately, the company teased the launch of a digital marketplace that’s set to debut in the second half of 2022, and said it had hired consulting firm AlixPartners to review its business structure.


Macy’s shares closed the day up 21.1%. At one point, the stock hit a three-year high of $37.95.


This is insanity! This is insanity on steroids! This is stupidity! This is stupidity on steroids!


The corrupt U.S. Government is borrowing money from the future Americans and giving it to the U.S. upper class so the current Americans can buy stuff from Macy's, Apple, Amazon, Microsoft, Netflix, Tesla, Nike, Nvidia, Rivian, etc. etc. with monopoly money!


Wall Street has not yet discovered that the corrupt U.S. Government is printing an infinite amount of counterfeit money so Macy’s, and many other companies, can sell a whole-hell-of-a-lot of stuff!


By printing $161.1 Trillion of counterfeit money and giving it to the U.S. upper class, the corrupt U.S. Government has created a “bird's nest on the ground” for Macy’s!


When this corruption within the U.S. Government is exposed, almost all of Macy’s stores will have to close!


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 $161.1 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 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 $161.1 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 stuff from Macy’s with a Quadrillion dollars of imaginary-counterfeit money!





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  $29.0 Trillion 
Cash Deficit in FY2022  $2.80 Trillion 
GAAP Deficit in FY2022 
$15.15 Trillion 
US Unfunded Future Liabilities  $132.1 Trillion 
US Unfunded Liabilities (GAAP)  $161.1 Trillion 
Imaginary-Counterfeit Money 
$161.1 Trillion 
US Total National Assets 

$202.5 Trillion 

Source: www.usdebtclock.org November 18, 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.


John W. White

Plano, TX