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

                    Copyright Declaration                                                                                                                                       John W. White    March 29, 2013

Planet Earth Real Estate Bubble 210607
June 7, 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 6/7/21

Letter to the Editor
Dallas Morning News

I submitted this letter to the editor at the Dallas Morning News on June 7, 2021 at 9:23 AM!

Planet Earth Real Estate Bubble
June 7, 2021

Planet Earth is in a “Real Estate Bubble”! Planet Earth is building an extreme excess of houses, condos, apartment buildings, office buildings, and commercial buildings because the U.S. Government is committing a fiscal and accounting fraud that is printing an infinite amount of counterfeit money! The U.S. Government is not operating its fiscal policy with proper and Generally Accepted Accounting Principles (GAAP Accounting)!

In 1969, the U.S. Government adopted the Unified Budget which put in place a classic Ponzi scheme, I call it USAPonzi, that is borrowing counterfeit money from the future Americans and giving it to the U.S. upper class! The U.S. Government has enriched the U.S. upper class by $149.2 Trillion by undertaxing them and has cheated the U.S. general public out of $120.8 Trillion of future benefits by underfunding them!

Because of this $149.2 Trillion accounting fraud, we are building too much of the wrong kind of real estate in the wrong places!

The U.S. Government must start using honest accounting, otherwise, we will just print more counterfeit money, build more useless real estate, and burn up Planet Earth with Global Warming!

John W. White

Plano, TX

US National Debt  $28.4 Trillion 
Cash Deficit in FY2021  $3.28 Trillion 
GAAP Deficit in FY2021  $13.03 Trillion 
US Unfunded Future Liabilities  $120.8 Trillion 
US Unfunded Liabilities (GAAP)  $149.2 Trillion 
Imaginary-Counterfeit Money  $149.2 Trillion 
US Total National Assets  $162.6 Trillion 

Source: June 7, 2021

I have written two websites ( and 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 also be downloaded from my website.

John W. White

Plano, TX