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

                    Copyright Declaration                                                                                                                                       John W. White    March 29, 2013

Polarization in America by US Gov Fraud 210111
January 11, 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 1/11/21


Polarization in America: Enriching the rich by Cheating the unrich!


Polarization in America
is caused by corruption within the U.S. Government! The corrupt U.S. Government is operating its fiscal policy with a fraudulent accounting system that is dramatically and fraudulently enriching the U.S. upper class and dramatically and fraudulently oppressing the U.S. general public!


I am a Whistleblower! The U.S. Government is corrupt!


The corrupt U.S. Government is being run by common criminals!


The corrupt U.S. Government is committing a fiscal and accounting fraud that is in the process of giving infinite wealth to the U.S. upper class while devastating the U.S. general public!


The corrupt U.S. Government has fraudulently borrowed $158.6 Trillion from the future Americans and given it to the U.S. upper class!


The corrupt U.S. Government has fraudulently borrowed $158.6 Trillion from the future Americans and given it to the U.S. upper class!


The corrupt U.S. Government has fraudulently borrowed $158.6 Trillion from the future Americans and given it to the U.S. upper class!


Rampant Nationwide Violence


This accounting fraud will be so devastating to the U.S. general public, when it is exposed, that we will likely experience rampant nationwide violence! The U.S. general public will be MAD-AS-HELL at the U.S. Government when they find out that they having been being lied to and cheated by the corrupt U.S. Government for the last 52 years so the U.S. upper class can get filthy rich!


The U.S. general public will become even more violent when they cannot put food on the table for their families!


The U.S. upper class is loving this fraud and the U.S. general public is hating this fraud!


Social Polarization
Social polarization is associated with the segregation within a society that may emerge from income inequality, real-estate fluctuations, economic displacements etc. and result in such differentiation that would consist of various social groups, from high-income to low-income. It is a state and/or a tendency denoting the growth of groups at the extremities of the social hierarchy and the parallel shrinking of groups around its middle. Wikipedia


Donald Trump and his cohorts recognized the fact that the U.S. general public, largely in the red states in central America, was not happy because their economic status is declining while the wealthy U.S. upper class, largely in the costal blue states, has wealth that is spiraling toward infinity!


Donald Trump exploited this economic polarization with a promise to “Make America Great Again” to get elected president in 2016!


This economic polarization is not a new phenomenon! The accounting fraud that is causing this economic polarization has been operating since FY1969 and the economic divide between the haves and the have-nots has been constantly expanding for the last 52 years!


This economic polarization is caused by the U.S. Government not using proper and Generally Accepted Accounting Principles (GAAP Accounting)!


GAAP Accounting, properly applied, would not allow the corrupt U.S. Government to borrow more money from the future Americans than the future Americans can be reasonably expected to pay! $158.6 Trillion of borrowings from the future Americans is not reasonable!


The U.S. Government is promising future benefits to the U.S. general public but is not taxing the U.S. upper class to pay for these future benefits! In accounting terms, this means that the U.S. Government is not accruing the money to pay for the future benefits it has promised to the U.S. general public!


The U.S. upper class is getting rich because they have been undertaxed over the last 52 years by $158.6 Trillion (US Unfunded Liabilities (GAAP))!


The U.S. general public is getting screwed because their future benefits have been underfunded over the last 52 years by $130.8 Trillion (US Unfunded Future Liabilities)!


This is why the U.S. upper class loves
this fraud and why the U.S. general public is upset with the U.S. Government!


The corrupt U.S. Government has fraudulently borrowed $158.6 Trillion of imaginary-counterfeit money from the future Americans and given it to the U.S. upper class! GAAP basis deficit spending by the U.S. Government prints imaginary-counterfeit money and gives it to the U.S. upper class by undertaxing them!


Don't you think the U.S. general public is going to be MAD-AS-HELL at the corrupt U.S. Government when they find out about this! They know that they do not like what is happening to them, they are getting screwed, but they have not yet figured out why this is happening! The reason is this, the corrupt U.S. Government is lying to and cheating them and has been doing so for 52 years!


Obviously, the extreme right should not be protesting with violence (See Trumper Revolution caused by USAPonzi 210107), but when they have been getting lied to and cheated for 52 years by $289.4 Trillion ($158.6T + $130.8T) they do have 289.4 Trillion reasons for being MAD-AS-HELL at the corrupt U.S. Government!


We have political polarization in Washington because the politicians cannot decide how they can keep the U.S. upper class fraudulently getting richer and richer and still pay the oppressed U.S. general public enough to put food on the table!


The corrupt U.S. Government is making financial commitments it cannot possibly keep!


The corrupt U.S. Government is enriching the rich by cheating the unrich!


It is hard to un-tell a $289.4 Trillion 52-year-old lie!


The following commentaries explain this fiscal and accounting fraud that I call USAPonzi!


USAPonzi-The Great American Fraud
Whistleblower Letter #3 to U.S. General Public
Whistleblower Letter #6 to Congress


The devastating impact of this accounting fraud on Planet Earth is summarized in my Oct 1, 2020 commentary.


Quintet of Global Crises (Economy, Climate, Health, Hunger, Depression)


National Debt  $27.8 Trillion 
Cash Deficit in FY2021  $3.19 Trillion 
*GAAP Deficit in FY2021  $13.87 Trillion 
US Unfunded Future Liabilities  $130.8 Trillion 
US Unfunded Liabilities (GAAP)  $158.6 Trillion 
Imaginary-Counterfeit Money  $158.6 Trillion 
Total National Assets  $156.2 Trillion 

Source: www.usdebtclock.org January 11, 2021
*GAAP Deficit-current


The current fiscal policy of the corrupt U.S. Government, I call it USAPonzi, is Destroying Planet Earth!


I have written two websites (www.usaponzi.net and www.usaponzi.com) 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 www.usaponzi.net website.


John W. White
Plano, TX