Opioid Crisis caused by US Government Fraud
April 26, 2019
Emailed to WSJ/NYT/WP/DMN, the US SEC, Fed Chairman Jay Powell, Congressman Van Taylor, Congressman Colin Allred, Senator John Cornyn, Senator Ted Cruz, and Dallas Mayor Mike Rawlings 4/26/19
The U.S. Government is causing the Opioid Crisis!
The U.S. Government is causing the Opioid Crisis because it is committing a fiscal and accounting fraud!
The U.S. Government is committing a fiscal and accounting fraud that is printing an endless supply of counterfeit money that we are using to buy drugs, both legal and illegal, without having to pay for them!
See Printing Infinite Counterfeit Money!
The U.S. Government has printed $123.7 Trillion of counterfeit money, by fraudulently borrowing it from the future Americans, so that we can buy stuff without having to pay for it, including a lot of drugs!
This U.S. Government accounting fraud is creating both the time and the money to produce the Opioid Crisis!
Americans have an endless supply of counterfeit money, produced by this accounting fraud, so many Americans don't have to work for a living and they still have plenty of money to buy drugs! The U.S. Government is fraudulently borrowing money from the future Americans, money the future Americans do not have, with GAAP basis deficit spending and giving it to the U.S. upper class by undertaxing them!
The suppliers and distributors of these drugs are willing to go to extreme measures to produce and distribute these drugs because they know that the U.S. Government will print the counterfeit money to pay for them!
The U.S. Government is encouraging drugs, crime, fraud, deception, and medical malpractice by fraudulently printing counterfeit money to reward these various groups of bad actors!
If people had to work for a living, they would not have as much money as they do now and they would be much more careful about how they spend their money! But with the current fiscal policy of the U.S. Government, many Americans don't have to work for a living because the U.S. Government is printing an endless supply of counterfeit money!
On April 24, 2019, I sent Whistleblower Letter #2 to the FBI-Chris Wray in an effort expose this $123.7 Trillion U.S. Government accounting fraud!
As soon as the U.S. Government starts telling the financial truth, illegal drug trafficking will come to a screeching halt!
As soon as the U.S. Government starts telling the financial truth, legal drug prices will drop precipitously!
The current fiscal policy of the U.S. Government is a classic Ponzi scheme that I have named USAPonzi! This Ponzi scheme is produced because the U.S. Government is not using the proper accounting system, GAAP Accounting (Generally Accepted Accounting Principles) and is printing what I call imaginary-counterfeit money at the rate of its GAAP basis deficit spending which is currently $16.7 Billion a day!
The U.S. Government accounting fraud, that I call USAPonzi, is the cause of the Opioid Crisis in America!
|Cash Deficit in FY2019
|GAAP Deficit in FY2019
|US Unfunded Future Liabilities
|US Unfunded Liabilities (GAAP)
|Total National Assets
Source: www.usdebtclock.org April 26, 2019
This accounting fraud can only be equitably eliminated by the adoption of GAAP Accounting and a commitment to a balanced GAAP basis budget by the U.S. Government!
You can learn more about this fraud/Ponzi scheme by reading my websites www.usaponzi.net and www.usaponzi.com or better yet by reading my fifth book on USAPonzi “USAPonziB” which is available on Amazon and on my websites in Kindle and PDF formats.
This is the biggest ($123.7 Trillion) financial fraud ever perpetrated, I call it “USAPonzi: The Ultimate Government Fraud” and “The Biggest Ponzi Scheme on the Planet”!
John W. White