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

                    Copyright Declaration                                                                                                                                       John W. White    March 29, 2013

PEMMA-Planet Earth Man-Made Apocalypse 211101
November 1, 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 11/1/21


Planet Earth
is facing an imminent and man-made apocalyptic event that will do or has already done awesome and catastrophic damage to Planet Earth and its occupants!


This apocalyptic event is being caused by the U.S. Government adopting a fraudulent and criminal fiscal policy that is designed to dramatically favor America over the rest of the planet and to dramatically favor the U.S. upper class over the U.S. general public!


With this commentary, I am introducing my name for this imminent and man-made apocalyptic event, that being “PEMMA” Planet Earth Man-Made Apocalypse!


apocalypse

noun
1. the complete final destruction of the world, as described in the biblical book of Revelation.
2. an event involving destruction or damage on an awesome or catastrophic scale.


While I do not predict the complete final destruction of the world, as described in Revelation, I do predict massive financial, economic, physical, and humanitarian damage to Planet Earth because of the criminal actions of the U.S. Government! That is why I call this a man-made apocalypse!


I call this an imminent apocalypse because the damage that is being done by the fraudulent fiscal policy of the corrupt U.S. Government is becoming so severe that the advance warnings of this apocalypse are now being discussed routinely in the media and in political circles! These key issues include Economic Inequality, Climate Change, the Covid Pandemic, and most recently the Supply Chain Crisis! All four of these issues have been caused by the fraudulent fiscal policy of the U.S. Government!


Cause of PEMMA

Simply stated, the corrupt U.S. Government is causing PEMMA by operating it fiscal policy with cash accounting rather than proper accrual accounting!


I call this fraudulent fiscal policy “USAPonzi” since it is a classic Ponzi scheme being run by the corrupt U.S. Government and I predict that the apocalyptic event that I call “PEMMA” will occur when USAPonzi implodes!


Anyone with any common sense at all must know that the corrupt U.S. Government is promising unaffordable future benefits to the U.S. general public and is not taxing the U.S upper class enough to accrue the money to pay for these future benefits! The corrupt U.S. Government is now openly admitting that it will eventually have to cut back on future benefit payments! What the corrupt U.S. Government is not saying is that at some point soon the corrupt U.S. Government will not be able to pay any future benefits at all because it has not accrued the money to continue to pay future benefits!


This single criminal act by the corrupt U.S. Government is the man-made event that is causing massive economic inequality, causing Global Warming, causing the Coronavirus Pandemic, causing the Supply Chain Crisis, causing a Hunger Pandemic, causing The Greatest Depression, and destroying Planet Earth as we knew it prior to 1969 when the corrupt U.S. Government adopted the Unified Budget!


Economic Inequality

USAPonzi is fraudulently borrowing an infinite amount of counterfeit money, so far $159.2 Trillion, from the future Americans and giving it to the U.S. upper class! The U.S. upper class is getting rich because they have been undertaxed by $159.2 Trillion and the U.S. general public is getting cheated by $130.3 Trillion because their future benefits are unfunded!


Progressive Social Injustice

USAPonzi has, so far, enriched the U.S. upper class by $159.2 Trillion and cheated the U.S. general public out of $130.3 Trillion of unfunded future benefits which has created what I call a Social Injustice Gap of $289.5 Trillion! The Haves are getting paid every day by being undertaxed and the Have-nots are getting cheated every day because their future benefits are being underfunded which has created two distinct economic stratospheres and the chasm between the rich and the poor gets wider and deeper every day!


Further, this chasm between the rich and the poor is becoming remarkably more difficult for the poor because the cost of living is set by what the rich can pay and, for the rich, price is in general not an issue because the corrupt U.S. Government is printing an infinite amount of counterfeit money and giving it to the rich!


Global Warming

USAPonzi is causing Global Warming because the corrupt U.S. Government is borrowing an infinite amount of counterfeit money from the future Americans and giving it to the U.S. upper class! This infinite amount of counterfeit money is buying an infinite amount of environment polluting physical objects which is what is causing Global Warming!


USAPonzi
is what is causing traffic to be so bad! An infinite number of cars and trucks bought with an infinite amount of counterfeit money is going to produce an awful traffic jam!


Living on benefits and not working

USAPonzi is borrowing an infinite amount of counterfeit money from the future Americans and giving it to the U.S. upper class so more and more people can live in increasingly dense cities in row houses and apartment buildings and not have to work for a living! They can live on the infinite amount of counterfeit money that the corrupt U.S. Government is fraudulently borrowing from the future Americans! This is why companies cannot hire enough workers! Why work when you can make more money living on counterfeit U.S. Government benefit money?


Coronavirus Pandemic

USAPonzi is borrowing an infinite amount of counterfeit money from the future Americans and giving it to the U.S. upper class so more and more people can live closer and closer together to create conditions to produce germs and distribute them locally. USAPonzi is borrowing an infinite amount of counterfeit money from the future Americans and giving it to the U.S. upper class so more and more people can travel without spending any real income which allows germs, produced locally, to get distributed globally almost instantaneously. USAPonzi is continuously packing us closer and closer together and continuously mixing us up more thoroughly by allowing us to travel more and more to create conditions that make global disease pandemics more likely every day!


Very few people can afford to fly on an airplane with their own earned income! But millions of people can fly when the corrupt U.S. Government borrows $159.2 Trillion of counterfeit money from the future Americans and gives it to the U.S. upper class!


USAPonzi
is building thousands of airplanes, I estimate about 25,000 more than we can afford, with counterfeit money so we can buy tickets with counterfeit money so we can almost instantaneously spread germs globally after they have been produced locally at almost any spot on the planet!


Supply Chain Crisis

USAPonzi is borrowing an infinite amount of counterfeit money from the future Americans and giving it to the U.S. upper class which is causing the clogging of the inbound supply chains because we are buying an infinite amount of stuff that we cannot successfully and routinely import! An infinite amount of stuff is a lot of stuff!


The corrupt U.S. Government is printing counterfeit money a whole lot faster than we can make and deliver the stuff!


Hunger Pandemic

USAPonzi is borrowing an infinite amount of counterfeit money from the future Americans and giving it to the U.S. upper class so people can live closer and closer together but is not leaving enough space for people to produce their own food. In fact, right now most people do not know how to produce their own food or have the available arable land to produce their own food! When the corrupt U.S. Government can no longer pay benefits so people can buy their food, they will have no place to produce their own food and no skills to produce their own food!


This is creating what I call a Hunger Pandemic because more and more people are living in a food desert that requires government benefits to provide them their food! When the U.S. Government and the global economy both realize that the U.S. Government is at the end of its credit line, currently $159.2 Trillion, the only people with food will be the food producers and they are now in many cases hundreds of miles from their food consumers!


When The Great Depression hit Planet Earth in 1929, an estimated 25% of the U.S. population were farmers and today that number is estimated to be 1.3% and a very large percentage of the current farmers are immigrants! When the U.S. Government prints an infinite amount of counterfeit money the Americans are content to quit working and buy their food with counterfeit money!


USAPonzi
has fraudulently made mass production of food a lucrative business proposition for big corporations and at the same time has made working for a living by Americans a losing proposition!


This fiscal and accounting fraud that I call USAPonzi has dramatically malpositioned the U.S. population by moving people away from the land and their food supply and toward congested urban areas that are actually food deserts! Soup lines were possible during The Great Depression because there was food within miles of the food consumers! Soup lines today will be much more difficult to arrange because the primary food supply is often times hundreds of miles from the food consumers!


The economic difference between the elite and the un-elite will be dramatically reduced when this criminal activity within the U.S. Government is exposed and eliminated! 
Printing an infinite amount of counterfeit money and giving it to the elite has for the last 53 years provided a very comfortable even opulent life style for the elite while oppressing the common man! But it has also destroyed the natural and equitable relationship between capital and labor! Infinite capital has caused labor to lose its value!


This is what has led us to the pending economic, financial, physical, and humanitarian crisis that I call PEMMA!


Implosion of USAPonzi
When Planet Earth realizes that the corrupt U.S. Government has made financial commitments that it cannot keep, currently $159.2 Trillion of counterfeit money, the Ponzi scheme that I call USAPonzi will implode and this counterfeit money will evaporate causing the stock market, the bond market, and the real estate market to all crash by 95-100%! The rich will have no money because their counterfeit wealth has evaporated and the unrich will have no money because their future benefits have not been funded! How do you run a global economy when no one has any money? This will cause a global depression, the Planet Earth Man-Made Apocalypse that I call PEMMA!


The Greatest Depression

When USAPonzi implodes we will experience a global depression, I call it The Greatest Depression, that I predict will be much more severe than The Great Depression because the current financial leverage is about 5X what it was in 1929 and the number of people that will be affected by The Greatest Depression will be about 4X what it was at the start of The Great Depression! According to worldometers.info, the global population is today about 7.8 billion and it was about 2 billion in 1929!


Recovering from PEMMA
Recovering from PEMMA will mean training the survivors to be self-sufficient farmers that use minimal natural resources rather than training (aka enslaving) people to provide extravagant recreational and pampering services for the elite as we are doing today! Planet Earth, and especially America, will have to start living a much more modest, affordable, and self-sustaining lifestyle!


Summary
USAPonzi, by fraudulently borrowing $159.2 Trillion from the future Americans and giving it to the U.S. upper class, has consumed several decades of stolen natural resources over the last 53 years since the corrupt U.S. Government adopted the Unified Budget in 1969!


This explains why America with less than 5% of the world's population is estimated to consume 24% of world's energy! We are fraudulently borrowing an infinite amount of counterfeit money from the future Americans and giving it to the U.S. upper class to make the rest of the planet think we can pay for this energy!


https://public.wsu.edu/~mreed/380American%20Consumption.htm


USAPonzi is enriching the rich, cheating the unrich, burning up Planet Earth, causing Planet Earth to get sicker and sicker, causing a supply chain crisis, squeezing out the arable land, causing a hunger pandemic, and causing a global depression! What I call the Planet Earth Man-Made Apocalypse, will occur when the corrupt U.S. Government admits that it is “cooking the books” or some influential global entity, like the G7, the G20, or the United Nations calls out the corrupt U.S. Government for “cooking the books”!


The natural evolution of Planet Earth would likely follow a similar path to what I describe in this commentary but the corrupt U.S. Government has fraudulently and dramatically accelerated that progression by committing a fiscal and accounting fraud that is fraudulently borrowing an infinite amount of counterfeit money from the future Americans and giving it to the U.S. upper class!


The corrupt U.S. Government has gone to great and criminal lengths to make life a whole lot better for the elite while cheating the common man!


I am a whistleblower! The U.S. Government is corrupt! The corrupt U.S. Government is “cooking the books”!


The corrupt U.S. Government is committing a fiscal and accounting fraud, I call it USAPonzi, by not operating its fiscal policy with proper accrual accounting! The corrupt U.S. Government has fraudulently borrowed $159.2 Trillion (US Unfunded Liabilities (GAAP)) from the future Americans and given it to the U.S. upper class by undertaxing them so the current Americans can buy a whole-hell-of-a-lot of stuff with monopoly money!


The corrupt U.S. Government is not operating its fiscal policy with proper accrual accounting (GAAP Accounting) and as a result 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, money the future Americans do not have, and giving it to the U.S. upper class by undertaxing them!


This fraud was started in 1969 when a scoundrel, Lyndon Baines Johnson, proposed and the corrupt U.S. Congress approved the Unified Budget but did not switch from Cash Accounting to GAAP Accounting that would properly accrue the money to pay future U.S. Government benefits to the U.S. general public!


The following chart shows how the corrupt U.S. Government started fraudulently borrowing imaginary-counterfeit money from the future Americans in 1969 and, so far, has fraudulently borrowed $159.2 Trillion of imaginary-counterfeit money from the future Americans and given it to the U.S. upper class!


This chart also gives a graphical projection of how the corrupt U.S. Government, with the current Ponzi scheme fiscal policy, could fraudulently borrow over a Quadrillion dollars (a thousand Trillion dollars) of imaginary-counterfeit money from the future Americans by 2041 and give it to the U.S. upper class so the entire planet can buy a whole-hell-of-a-lot more stuff with a Quadrillion dollars of imaginary-counterfeit money!





My 16th whistleblower letter to my congressman Van Taylor 211012 explains the epic financial, economic, physical, and humanitarian disaster that is just ahead for Planet Earth because of the corruption within the U.S. Government!


The fools on Wall Street have been fooled by the criminals in Washington! In the defense of Wall Street, the corrupt U.S. Government may have fooled itself! We do not yet know if the people in the U.S. Government are accidental fools or intentional criminals! I suggest that we have some of each but they are all criminals whether they know it or not!

 

US National Debt  $28.9 Trillion 
Cash Deficit in FY2022  $2.78 Trillion 
GAAP Deficit in FY2022 
$19.20 Trillion 
US Unfunded Future Liabilities  $130.3 Trillion 
US Unfunded Liabilities (GAAP)  $159.2 Trillion 
Imaginary-Counterfeit Money 
$159.2 Trillion 
US Total National Assets 

$201.1 Trillion 

Source: www.usdebtclock.org November 1, 2021


I have written two websites (usaponzi.com and usaponzi.net) and eight books that explain USAPonzi and the impact it is having on Planet Earth. My latest book (USAPonziE) is available on Amazon and can be downloaded from my websites in pdf format!


My commentary Fed-Asleep At The Switch 210901 
gives a summary of the issues that this Ponzi scheme/accounting fraud is causing!


John W. White

Plano, TX