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

Musk Plan to take Tesla Private 180809
August 9, 2018
Emailed to WSJ/NYT/WP/DMN, the US SEC, Congressman Pete Sessions, Congressman Sam Johnson, Senator John Cornyn, and Senator Ted Cruz on 8/8/18


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 Elon Musk is promoting a plan to take Tesla private at $420 a share for a company valuation of $71 Billion! This appears to be possible because of the corruption within the U.S. Government that has produced a  $114.3 Trillion fraud/Ponzi scheme that I call USAPonzi! We are buying Teslas with $114.3 Trillion of monopoly money!


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!


Musk Plan to take Tesla Private 180809

August 9, 2018


We are buying Teslas with monopoly money!


On August 7, 2018, Elon Musk the founder and CEO of Tesla tweeted that he was proposing to take Tesla private at $420 a share for a company valuation of $71 Billion! This is a remarkable valuation for a company that has yet to turn a profit! Further, most of these cars are being purchased with money that has been fraudulently borrowed from the future Americans! I call this fraudulently borrowed money imaginary-counterfeit money!


Apparently, Elon Musk has no idea that his company, Tesla, is selling a lot of cars because the U.S. Government is committing a fiscal and accounting fraud! The U.S. Government is not using proper GAAP Accounting and as a result is not accruing for the benefit promises the U.S. Government has made to the U.S. general public! Because of this accounting fraud, the U.S. Government has borrowed $114.3 Trillion from the future Americans, money the future Americans do not have, and given it to the U.S. upper class!


Americans are spending some of this windfall of $114.3 Trillion on cars! Tesla appears to be able to sell a lot of high end cars because the corrupt and criminal U.S. Government has created $114.3 Trillion of imaginary-counterfeit money out of “thin air” to colossally and fraudulently enrich the U.S. upper class and given them counterfeit money that they can use to buy Teslas!


If the U.S. Government was using honest accounting, Tesla would be selling only a relative handful of cars!


According to Elon Musk, the Saudi Sovereign Wealth Fund is planning to invest in this “go private plan” for Tesla and this fund has accumulated massive wealth because of this same accounting fraud that I call USAPonzi! The U.S. Government has fraudulently printed $114.3 Trillion of imaginary-counterfeit money so that Americans can buy oil at outrageous prices! This accounting fraud has produced massive counterfeit wealth in Saudi Arabia!


According to Wikipedia, with the plan that Saudi Arabia has to take Aramco, the national oil company of Saudi Arabia, public this could give the Saudi Sovereign Wealth Fund a valuation on the order of $2 Trillion! But all of that money is imaginary-counterfeit money that the U.S. Government has fraudulently borrowed from the future Americans!


This accounting fraud is a Ponzi scheme that is  borrowing money from the future Americans, money that the future Americans do not have, and giving it to the current Americans! The problem is, the future Americans do not have $114.3 Trillion!


The global financial system and the global economy are both a hoax created by a corrupt and criminal U.S. Government that is operating the “Biggest Ponzi Scheme on the Planet”!


The corrupt and criminal U.S. Government is “Cooking the Books” so Americans can buy stuff with $114.3 Trillion of imaginary-counterfeit money! Tesla will go out of business when this fiscal and accounting fraud is properly exposed (See Tesla-The Imaginary Car)!


This imaginary-counterfeit money, currently $114.3 Trillion, will evaporate into the “thin air” from whence it came when USAPonzi is properly exposed!


The global economy will collapse when USAPonzi implodes!


The global financial system will collapse when USAPonzi implodes!


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   $0.79 Trillion  
GAAP Deficit in FY2018   $6.03 Trillion  
US Unfunded Future Liabilities   $93.0 Trillion  
US Unfunded Liabilities (GAAP)   $114.3 Trillion  
Imaginary-Counterfeit Money   $114.3 Trillion  
Total National Assets   $137.7 Trillion  

Source: www.usdebtclock.org Aug 9, 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 630 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