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

                    Copyright Declaration                                                                                                                                       John W. White    March 29, 2013

Obamacare is a Fraud 210619
June 19, 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 6/19/21


Obamacare is a Fraud!


The Affordable Care Act is not affordable!


Healthcare for all is a folly!


The corrupt U.S. Government is committing a
fiscal and accounting fraud that makes it look like the U.S. Government can pay for anything and everything!


The corrupt U.S. Government has fraudulently established a fiscal policy that just borrows more money from the future Americans whenever it needs more money!


So far, the corrupt U.S. Government has borrowed $149.4 Trillion from the future Americans and given it to the U.S. upper class to perpetrate this accounting fraud!


The U.S. upper class can afford “cadillac healthcare” because the corrupt U.S. Government is printing an infinite supply of counterfeit money for them so they have plenty of money to pay for their healthcare!


The U.S. general public is between a rock and a hard place, they cannot afford to pay for their healthcare and the U.S. Government cannot afford to pay for their healthcare!


The corrupt U.S. Government has a simple philosophy, take care of the U.S. upper class and forget about the U.S. general public!


The
corrupt U.S. Government is “cooking the books” to make it look like the U.S. Government can pay for things we really cannot afford (See US Government Income is counterfeit money)!


We cannot afford our healthcare! We cannot afford our pensions! We cannot afford our veterans benefits! We cannot afford our disability benefits! We cannot afford our Social Security benefits! We cannot afford to pay our government employees! We cannot afford to pay for our military!


We cannot afford the cars we are buying! We cannot afford to fly on airplanes! We cannot afford to go on cruises! We cannot afford to buy and build the housing we are building! We cannot afford to go on elaborate vacations! We cannot afford to stay in fancy hotels! We cannot afford to eat what we are eating!


The corrupt U.S. Government is printing counterfeit money just to make us think we are rich and can buy basically whatever we want whenever we want it!


The corrupt U.S. Government needs to start using honest accounting so we stop
destroying Planet Earth!


We need to come to grips with the fact that the U.S. Government is
corrupt and that we cannot afford the “cadillac healthcare” that we currently expect to be provided for everyone!


The corrupt U.S. Government 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 and giving it to the U.S. upper class by undertaxing them!


The corrupt U.S. Government is “cooking the books” by promising to pay future benefits but is not using Generally Accepted Accounting Principles (GAAP Accounting) to accrue the money pay these future benefits! Because of this fraud, the corrupt U.S. Government has fraudulently enriched the U.S. upper class by $149.4 Trillion (US Unfunded Liabilities GAAP)) and cheated the U.S. general public out of $121.0 Trillion (US Unfunded Future Liabilities) of future benefits!


The following notional chart shows how the corrupt U.S. Government has been fraudulently borrowing money from the future Americans since 1969. As of June 19, 2021, the corrupt U.S. Government has fraudulently borrowed $149.4 Trillion from the future Americans and given it to the U.S. upper class! The rate at which the U.S. Government is fraudulently borrowing imaginary-counterfeit money from the future Americans is increasing exponentially and could reach a quadrillion dollars (a thousand trillion dollars) by 2045 so Americans, especially the U.S. upper class, can expect ever-expanding healthcare services!




 

The corrupt U.S. Government is “cooking the books” so we can pretend like we can afford Obamacare!


The corrupt
U.S. Government is a
Criminal Enterprise!



US National Debt  $28.4 Trillion 
Cash Deficit in FY2021  $3.28 Trillion 
GAAP Deficit in FY2021  $14.02 Trillion 
US Unfunded Future Liabilities  $121.0 Trillion 
US Unfunded Liabilities (GAAP)  $149.4 Trillion 
Imaginary-Counterfeit Money  $149.4 Trillion 
US Total National Assets  $162.8 Trillion 

Source: www.usdebtclock.org June 19, 2021


I have written two websites (www.usaponzi.net and www.usaponzi.com) and eight books that explain this accounting fraud/Ponzi scheme and the impact it is having on Planet Earth. My latest book (USAPonziE) is available on Amazon and can be downloaded from my www.usaponzi.net website.


John W. White
Plano, TX