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

Mueller Probe may find Real Problem 180811
August 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 8/11/18


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 the “Mueller Probe may find the Real Problem”! The Real Problem is that the U.S. Government has been running a Ponzi scheme for the last 49 years and no one in the U.S. Government wants to admit to this fraud! Hopefully, the Robert Mueller Independent Special Council set up for the Russian election collusion investigation will find and expose this massive U.S. Government accounting fraud as they follow the money trail of some of the people in the Trump orbit!


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 “colossally feather the nests of their upper-class friends”! The U.S. Government is not using proper accrual accounting!


The “news media” is aiding and abetting the corrupt and criminal U.S. Government by refusing to report this fiscal and accounting fraud!


Mueller Probe may find Real Problem 180811

August 11, 2018


Hopefully, the Mueller Probe into the possibility of collusion between the Russians and the Trump presidential campaign will find the Real Problem that is causing massive distortion to the global economy and the global financial system and is contributing to political, military, social, racial, and class dissension all over the planet!


The Real Problem is that the U.S. Government is committing a fiscal and accounting fraud which has produced a classic Ponzi scheme that I call USAPonzi! This is a $114.3 Trillion Real Problem!


This fiscal and accounting fraud has fraudulently stuffed $114.3 Trillion of counterfeit money into the pockets of the U.S. upper class over the 49 years that this accounting fraud has been operating!


The Mueller Probe just may be the catalyst for exposing this U.S. Government fiscal and accounting fraud that I call USAPonzi! This accounting fraud is being perpetrated by the U.S. Government and it is enriching the U.S. ruling class and colossally enriching the U.S. upper class while cheating the U.S. general public and the rest of the planet! There is very little motivation for the U.S. Government to expose this accounting fraud because a lot of people in high places appear to be getting rich and super rich from this $114.3 Trillion Ponzi scheme!


An independent special counsel may be required to expose this $114.3 Trillion fraud since every member of the U.S. Government is either a knowing or unwitting co-conspirator in the biggest financial fraud ever perpetrated! Hopefully, the Mueller Probe will expose this U.S. Government $114.3 Trillion accounting fraud!


USAPonzi is creating counterfeit money out of “thin air”, $114.3 Trillion so far, that has provided the opportunity for numerous lucrative financial scams and scandals! Some members of the U.S. Government are taking significant financial advantage of this fraud/Ponzi scheme that they themselves are perpetrating but all members of the U.S. Government are benefiting from this accounting fraud!


The U.S. Government is committing a fiscal and accounting fraud which has created $114.3 Trillion of imaginary-counterfeit money that has caused significant financial distortions to the global economy and has appeared to give massive counterfeit wealth to Planet Earth! Robert Mueller just needs to follow the money trail of this $114.3 Trillion of imaginary-counterfeit money to unravel this mystery! Paul Manafort's $65 Million scam is a “drop in the bucket” compared to the $114.3 Trillion fraud produced by USAPonzi but it is an example of the kind of financial scams and schemes that USAPonzi is spawning! The Russians would not have been willing or able to pay Paul Manafort $65 Million if the U.S. Government was using honest accounting!


This accounting fraud is creating imaginary-counterfeit money out of “thin air” at the current rate of $16.5 Billion a day by pretending to borrow it from the future Americans and giving it to the U.S. upper class by undertaxing them! And the rate at which USAPonzi creates this imaginary-counterfeit money is increasing exponentially!


The U.S. Government is committing fiscal and accounting fraud because it is not operating its fiscal policy with proper accrual accounting! The U.S. Government is not properly accruing the money to pay future benefit promises to the U.S. general public and is therefore dramatically undertaxing the U.S. upper class to give them massive counterfeit wealth! The U.S. Government is not operating its fiscal policy with proper and Generally Accepted Accounting Principles (GAAP Accounting)!


This fraud is explained in my Open Letter to U.S. Government so I will not go into great detail about USAPonzi in this commentary!


This fraud is 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! This fraud has created $114.3 Trillion of what I call imaginary-counterfeit money and is fraudulently borrowing $16.5 Billion more imaginary-counterfeit money every day from the future Americans with ongoing GAAP basis deficit spending (GAAP Deficit in FY2018 = $6.04T/365 days = $16.5B/day)!


This unending and ever-expanding pool of imaginary-counterfeit money has created a lot of opportunity for scandalous financial activity! This $114.3 Trillion of imaginary-counterfeit money has made a lot of people wealthy beyond belief including Donald Trump ($4-10 Billion) and Vladimir Putin ($200 Billion)!


The U.S. Government is “Cooking the Books” (See The Oswald Financial Bubble) to enrich the U.S. upper class, enrich the U.S. ruling class, cheat the U.S. general public, and cheat the rest of the planet!


There have been rumors that Donald Trump may have had some financial engagements with the Russians that have been beneficial to the Trump organization. Certainly the Russians have the financial wherewithal to provide capital to finance any such engagements! This U.S. Government accounting fraud has created $114.3 Trillion of imaginary-counterfeit money out of “thin air” to buy Russian oil and gas! U.S. Government accounting fraud is creating counterfeit wealth and prosperity in Russia!


Both Trump and Putin are highly motivated for the corrupt and criminal U.S. Government to continue to operate this Ponzi scheme that is spinning off imaginary-counterfeit money at the current rate of $16.5 Billion a day!


That is why I think it is crucial that we know what Trump and Putin discussed in Helsinki! Is there a significant personal financial reason that Trump is motivated to go along with Putin's claim that Russia did not meddle in the 2016 Presidential election?


Or is it possible that Donald Trump has no clue about this accounting fraud that is being perpetrated by the U.S. Government over which he is now the Chief Executive Officer?


USAPonzi is also promoting warring and terrorism!


This massive financial fraud has created $114.3 Trillion of imaginary-counterfeit money that can also be used to purchase bombs and guns! This massive financial fraud has dramatically escalated the production of weapons of war and weapons of terrorism! Infinite imaginary-counterfeit money can purchase an infinite amount of bombs and guns, which is not a good thing for world peace!


This accounting fraud is financing bombs and guns for the United States, our allies, our foes, and even those that choose to terrorize us!


In fact, I contend that terrorists, both onshore and offshore, may be terrorizing us because they resent the fact that Americans, especially upper-class Americans, have such an opulent lifestyle because of this accounting fraud!


The United States of America has the largest military arsenal ever assembled because the U.S. Government is running a Ponzi scheme to create $114.3 Trillion of imaginary-counterfeit money so we can buy a lot of bombs and guns with monopoly money!


The $114.3 Trillion of imaginary-counterfeit money that the corrupt and criminal U.S. Government has fraudulently borrowed from the future Americans and given to the U.S. upper class has created a lot of imaginary-counterfeit wealth and a lot of imaginary-counterfeit prosperity in the United States of America!


Hopefully, the Mueller Probe will not be terminated until it discovers and exposes the U.S. Government fiscal and accounting fraud that I call USAPonzi!


All senior members of the U.S. Government are participating in this accounting fraud that is enriching the U.S. upper class by $114.3 Trillion, is overpaying the U.S. ruling class by $21.3 Trillion, is cheating the U.S. general public by $93.0 Trillion by underfunding government benefit promises, and is cheating the rest of the planet by printing $114.3 Trillion of monopoly money so Americans can buy stuff without paying for it!


The U.S. Government is corrupt!


The senior officials of the U.S. Government are common criminals that have committed a $114.3 Trillion criminal act by not operating its fiscal policy with proper accrual accounting! The senior officials of the U.S. Government are common criminals because they are direct financial beneficiaries of this massive fraud! The corrupt and criminal U.S. Government is overpaying itself with imaginary-counterfeit money!


We have 535 criminals in the U.S. Congress and an untold number of criminals in the White House!


I have sent 14 whistleblower letters to the U.S. Securities and Exchange Commission, a whistleblower letter to every member of the U.S. Congress, and 9 whistleblower letters to each member of the U.S. Supreme Court so that all three branches of the U.S. Government would be informed of this massive fraud!


I have also sent over 200 Op-Eds to the “mainstream media” in an attempt to expose this massive fraud to the citizens of Planet Earth! None of these Op-Ed candidates have been published!


This massive fraud is explained in more detail in my Open Letter to the US Government, my Open Letter to Planet Earth, and my Open Letter to US General Public!


I have presented specific fraud charges against the U.S. Government in my Fraud Charges against U.S. Government commentary!


To eliminate this massive fraud, the U.S. Government must adopt GAAP Accounting and commit to a balanced GAAP basis budget. GAAP Accounting (Generally Accepted Accounting Principles) is the commonly used name in America for the accounting guidelines for accrual accounting.

 

National Debt   $21.3 Trillion  
Cash Deficit in FY2018   $0.80 Trillion  
GAAP Deficit in FY2018   $6.04 Trillion  
US Unfunded Future Liabilities   $93.0 Trillion  
US Unfunded Liabilities (GAAP)   $114.3 Trillion  
Imaginary-Counterfeit Money   $114.3 Trillion  
Total National Assets   $137.8 Trillion  

Source: www.usdebtclock.org Aug 11, 2018


This fraud/Ponzi scheme (USAPonzi) is explained in much more detail on my websites www.usaponzi.net and www.usaponzi.com and in my books “USAPonzi” 11/22/15, “USAPonzi2” 5/1/17, and “USAPonzi3” 2/1/18! Each of these books have updates that I made every few days until the next book was published. I have published over 638 commentaries since March 29, 2013 in an attempt to explain and expose this U.S. Government fraud!


This is the biggest ($114.3 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