Partisan Conflict-When All Lie and Cheat 191216
December 16, 2019
Emailed to 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/DMN/CNBC, and Dallas Mayor Eric Johnson on 12/16/19.
I contend that the primary reason we have partisan conflict in Washington is because everybody in Washington is lying and cheating! The U.S. Government has been lying to and cheating the rest of the planet for the last 50 years by committing a fiscal and accounting fraud! The U.S. Government is not operating its fiscal policy with proper and Generally Accepted Accounting Principles (GAAP Accounting)!
The U.S. Government has printed $127.2 Trillion of counterfeit money and each side of the aisle has their own opinion about how the United States of America should allocate this massive pool of counterfeit money to promote their own ideas and ideals!
A common theme that we hear coming out of Washington is "If you are going to propose that, how are you going to pay for it ?"
The truth is that almost all of the proposals that come out of Washington are not realistic! The U.S. Government is fraudulently printing counterfeit money, by borrowing it from the future Americans, to pretend like America is rich and prosperous so they make promises they cannot keep!
The U.S. Government has digitally printed $127.2 Trillion of counterfeit money, I call it imaginary-counterfeit money, by deferring $127.2 Trillion of public liabilities (US Unfunded Liabilities (GAAP)) to the future Americans and undertaxing the U.S. upper class by $127.2 Trillion!
I contend that when everybody is lying and cheating it is very difficult to get agreement on what is truth!
Lying and cheating is not a democrat thing or a republican thing, it is a disease that is contracted by anyone that goes to Washington! The U.S. Government started lying and cheating when it adopted the Unified Budget in FY1969, and everyone in Washington has to go along with this lying and cheating if they are going to get re-elected!
I sent the following email to Abby Phillip (CNN White House correspondent) after she made an interesting observation on CNN.
I saw your comments on CNN this morning stating that there may be some underlying principle that is causing the partisan conflict in Washington that has led to now three impeachments in the last half century!
I contend that this underlying principle is the fact that nobody in Washington is willing to tell the truth!
When everybody is lying and cheating, it is difficult to get agreement on what is truth!
The U.S. Government is committing a fiscal and accounting fraud that has fraudulently elevated America financially, economically, politically, and militarily relative to the rest of the planet and has dramatically elevated the U.S. upper class relative to the U.S. general public!
Every senior member of the U.S. Government is a party to this now $127.2 Trillion accounting fraud and now they are arguing about how to direct this massive pool of funds. They all have designs on how to use this massive pool of counterfeit money to promote their respective ideas and ideals!
If the U.S. Government was using honest accounting the U.S. Government would have to get deadly serious about how they compromise with each other to face the reality that the United States of America has been committing a $127.2 Trillion criminal act over the last 50 years.
America's wealth and prosperity is a hoax produced by a corrupt U.S. Government!
The following links give an introduction to this accounting fraud that I call USAPonzi. I am also attaching a copy of my sixth book that explains this U.S. Government fraud!
When everybody is lying and cheating, it is hard to get agreement on what is truth!
John W. White
|Cash Deficit in FY2020
|GAAP Deficit in FY2020
|US Unfunded Future Liabilities
|US Unfunded Liabilities (GAAP))
|Total National Assets
Source: www.usdebtclock.org December 16, 2019
You can learn more about this fraud/Ponzi scheme by reading my websites www.usaponzi.net and www.usaponzi.com or by reading my sixth book on USAPonzi “USAPonziC” which is available on Amazon.
This is the biggest ($127.2 Trillion) financial fraud ever perpetrated, I call it “USAPonzi: The Great American Fraud” and “The Biggest Ponzi Scheme on the Planet”!
John W. White