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

Maldistribution of USAPonzi 210422
April 22, 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 4/21/21


In this commentary, I will use a little used word in the English language to describe some of the issues that have been created by the U.S. Government accounting fraud that I call USAPonzi!


maldistribution

bad or faulty distribution : undesirable inequality or unevenness of placement or apportionment (as of population, resources, or wealth) over an area or among members of a group (Merriam-Webster)


The corrupt U.S. Government has been maldistributing wealth, population, and resources for the last 52 years by running a classic $162.7 Trillion Ponzi scheme that I call USAPonzi-The Great American Fraud!


Maldistribution of USAPonzi-The Short Story


The corrupt U.S. Government is “cooking the books” to print an infinite supply of counterfeit money by borrowing money from the future Americans that the future Americans do not have!


The U.S. upper class is gaining infinite WEALTH because the corrupt U.S. Government is giving the U.S. upper class this infinite supply of counterfeit money that it has fraudulently borrowed from the future Americans by undertaxing the U.S. upper class!


The American POPULATION is moving to the city without having to work by living on the infinite supply of counterfeit money that the corrupt U.S. Government has fraudulently borrowed from the future Americans!


Americans are consuming an infinite amount of RESOURCES by spending the infinite supply of counterfeit money that the corrupt U.S. Government has fraudulently borrowed from the future Americans to buy stuff without paying for it!


The U.S. upper class gains infinite WEALTH! The American POPULATION is living in the wrong places! Americans are consuming infinite RESOURCES!


Maldistribution of Wealth

Wealth is being taken from the U.S. general public and given to the U.S. upper class!


USAPonzi is in the process of borrowing an infinite amount of counterfeit money from the future Americans and giving it to the U.S. upper class! The U.S. upper class is getting rich, and the U.S. general public is getting cheated!


For the last 52 years, the corrupt U.S. Government has been committing a fiscal and accounting fraud by not operating its fiscal policy with proper and Generally Accepted Accounting Principles (GAAP Accounting). This accounting fraud has caused the corrupt U.S. Government to not accrue for future benefit promises to the U.S. general public and to undertax the U.S. upper class!


This has caused dramatic maldistribution of wealth within the U.S. population, I call it social injustice, since the U.S. upper class has been undertaxed by $162.7 Trillion and the benefits to the U.S. general public have been underfunded by $134.5 Trillion! This has created what I call a “social injustice gap” of $297.2 Trillion ($162.7T + $134.5T = $297.2T) between U.S. upper class and the U.S. general public!


The corrupt U.S. Government is giving the U.S. upper class infinite counterfeit wealth by  undertaxing them!


The corrupt U.S. Government is lying to and cheating the U.S. general public by promising but not funding future benefits!


And the way this accounting fraud works, every day the rich get richer and the poor get poorer!


The corrupt U.S. Government is willfully and knowingly committing a fiscal and accounting fraud to enrich the U.S. upper class and to enrich the U.S. ruling class by cheating the U.S. general public!


Maldistribution of wealth is a guiding principle of the corrupt U.S. Government!


Maldistribution of Population
The population is moving to the city and away from the life-sustaining land!


USAPonzi is in the process of borrowing an infinite amount of counterfeit money from the future Americans so people can live in the city and not have to work to produce their own food! The U.S. upper class gets the finest food and the finest living accommodations because they have been given $162.7 Trillion of counterfeit money!


This accounting fraud has caused the U.S. and global population to be maldistributed! This accounting fraud is printing what I call imaginary-counterfeit money by borrowing money from the future Americans, money the future Americans do not have, and giving it to the U.S. upper class by undertaxing them!


So far, this accounting fraud has printed $162.7 Trillion (US Unfunded Liabilities (GAAP)) of imaginary-counterfeit money which has been given to the U.S. upper class and the corrupt U.S. Government has fraudulently borrowed $28.2 Trillion (US National Debt) of this imaginary-counterfeit money from the fraudulently enriched U.S. upper class to overpay U.S. Government employees and to pay unaffordable and unfunded U.S. Government benefits to the U.S. general public!


We now have a large percentage of the U.S. population that does not have to work for a living because of this imaginary-counterfeit income from the corrupt U.S. Government so they can choose to live wherever they want to and most have chosen to live closer and closer together in larger and larger cities and farther and farther away from the land where they could get a job to provide a living for themselves!


The corrupt U.S. Government welfare state has now trapped much of the global population in areas where they cannot possibly be self-sufficient!


Maldistribution of Population causing Coronavirus Pandemic
USAPonzi, by moving people closer and closer together, has created increasingly dense population areas where germs can be produced and distributed locally!


USAPonzi, by printing an infinite amount of imaginary-counterfeit money and giving it to the U.S. upper class by undertaxing them and giving it to the U.S. general public in the form of U.S. Government pay and U.S. Government benefits, has allowed more and more people to travel without earning real money so these germs can get transmitted globally almost instantaneously!


That is why I say USAPonzi has caused the Coronavirus Pandemic! This accounting fraud is causing us to live closer and closer together to transmit germs locally and to travel extensively with imaginary-counterfeit money that has been fraudulently borrowed from the future Americans to transmit germs globally!


Maldistribution of Resources
Resources are being consumed at a dramatically accelerated rate to build excessive, mispositioned, and unusable assets!


USAPonzi is in the process of borrowing an infinite amount of imaginary-counterfeit money from the future Americans so Planet Earth can build an infinite number of smartphones, cars, airplanes, cruise ships, houses, etc. etc.! The U.S. upper class is getting the benefit of most of these excessively consumed resources!


This accounting fraud has caused dramatic maldistribution of resources because it is printing an infinite supply of imaginary-counterfeit money. My commentary, Imaginary-Counterfeit Money-current, graphically demonstrates how I predict public liabilities, imaginary-counterfeit money, and U.S. upper class wealth will increase over the next few years.


This accounting fraud has caused us to build the wrong kind of housing accommodations in the wrong places! Because this accounting fraud is providing the ever-expanding imaginary-counterfeit funds for people to live closer and closer together in larger and larger cities, we are building ever larger and finer houses, condos, and apartments that are moving farther and farther away from the land where people could find work to maintain a self-sustaining lifestyle. And the U.S. upper class gets the finest housing!


The welfare state, fraudulently financed by this accounting fraud, has caused us to build the wrong kind of housing in the wrong places! Most of our current housing will be dark or under-utilized when this accounting fraud is exposed!


This accounting fraud is printing an infinite amount of imaginary-counterfeit money so we can buy an infinite number of cars and the U.S. upper class gets the nicest cars! Most of these cars will be sitting on cider blocks when this accounting fraud is exposed!


This accounting fraud is printing an infinite amount of imaginary-counterfeit money so we can pay for an infinite number of plane tickets so Boeing can build an infinite number of airplanes and the U.S. upper class can buy their own private airplanes! Most of these airplanes will be sitting in airplane graveyards when this accounting fraud is exposed!


This accounting fraud is printing an infinite amount of imaginary-counterfeit money so more and more people can go on cruises so the cruise lines can build bigger and bigger cruises ships! Most of these cruise ships will be sitting empty like they are today, because of the Coronavirus Pandemic, when this accounting fraud is exposed!


This accounting fraud is printing an infinite amount of imaginary-counterfeit money so more and more people can go to sporting and entertainment events so we are building bigger and bigger and finer and finer sport and entertainment venues! Most of these sport and entertainment venues will be dark or dramatically under-utilized when this accounting fraud is exposed! Some of the more notable excesses will be sport stadiumsrestaurants, bars, hotels, resorts, race tracks, and golf courses!


Maldistribution of Resources causing Global Warming
USAPonzi is in the process of printing an unending and ever-increasing amount of imaginary-counterfeit money so we can buy and build an unending and ever-increasing amount of environment-polluting physical objects which is causing Global Warming!


USAPonzi is causing the maldistribution of wealth, population, and resources!


USAPonzi is causing Global Warming and the Coronavirus Pandemic!


USAPonzi is setting the stage for The Greatest Depression!
 

US National Debt  $28.2 Trillion 
Cash Deficit in FY2021  $3.25 Trillion 
GAAP Deficit in FY2021 
$14.41 Trillion 
US Unfunded Future Liabilities  $134.5 Trillion 
US Unfunded Liabilities (GAAP)  $162.7 Trillion 
Imaginary-Counterfeit Money 
$162.7 Trillion 
US Total National Assets 

$161.4 Trillion 

Source: www.usdebtclock.org April 22, 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 also be downloaded from my www.usaponzi.net website.


John W. White

Plano, TX