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

                    Copyright Declaration                                                                                                                                       John W. White    March 29, 2013

Prosperity by Cheating 210622
June 22, 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 6/22/21


Prosperity by Cheating!
America is living on fraudulently borrowed money!


America
 appears to be Prosperous because America is Cheating!


The U.S. Government is borrowing an infinite amount of money from the future Americans and giving it to the U.S. upper class!


This is cheating because the future Americans do not have an infinite amount of money!


This is cheating because the corrupt U.S. Government is enriching the U.S. upper class by cheating the U.S. general public!


The corrupt U.S. Government has already borrowed $150.6 Trillion from the future Americans and given it to the U.S. upper class!


This is cheating on a grand scale!


The U.S. Government is borrowing an infinite amount of money from the future Americans so the current Americans can buy an infinite amount of
stuff from Amazon and not have to pay for any of it!


America appears to be Prosperous because America is Cheating!


Amazon appears to be Prosperous because America is Cheating!


The great American wealth, the strong American economy, and the 52-year long bull run in the global stock market have all been produced by the
corrupt U.S. Government printing an infinite supply of counterfeit money!


The corrupt U.S. Government is borrowing an infinite supply of counterfeit money from the future Americans and giving it to the U.S. upper class to fraudulently produce great wealth, a strong economy, and a strong stock market!


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 not operating its fiscal policy according to proper and Generally Accepted Accounting Principles (GAAP Accounting)!


The corrupt U.S. Government is “cooking the books” by fraudulently borrowing money from the future Americans, money the future Americans do not have, and giving it to the U.S. upper class by undertaxing them!


The corrupt U.S. Government has fraudulently given the U.S. upper class $150.6 Trillion by undertaxing them and has fraudulently cheated the U.S. general public out of $122.2 Trillion by underfunding the future benefit promises!


The corrupt U.S. Government is being run by common criminals that have committed a $150.6 Trillion crime!


The corrupt U.S. Government 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 and giving it to the U.S. upper class by undertaxing them!


The corrupt U.S. Government is “cooking the books” by promising to pay future benefits but is not using Generally Accepted Accounting Principles (GAAP Accounting) to accrue the money pay these future benefits! Because of this fraud, the corrupt U.S. Government has fraudulently enriched the U.S. upper class by $150.6 Trillion (US Unfunded Liabilities GAAP)) and cheated the U.S. general public out of $122.2 Trillion (US Unfunded Future Liabilities) of future benefits!


Wealth
The U.S. upper class is getting richer and richer because the corrupt U.S. Government is borrowing an infinite amount of imaginary-counterfeit money from the future Americans and giving it to the U.S. upper class by undertaxing them!


Economy
The U.S. Economy is getting stronger and stronger because the corrupt U.S. Government is borrowing an infinite amount of imaginary-counterfeit money from the future Americans so the current Americans can buy an infinite amount of stuff and charge it to the future Americans! The current Americans are buying stuff with imaginary-counterfeit money that has been fraudulently borrowed from the future Americans!


Stocks
The stock Market has been going higher and higher for the last 52 years because the corrupt U.S. Government is borrowing an infinite amount of imaginary-counterfeit money from the future Americans so the current Americans can buy an infinite amount of stuff from public companies and for the very successful companies this is causing their market caps to spiral toward infinity! The current Americans are buying stuff with imaginary-counterfeit money that has been fraudulently borrowed from the future Americans!


Amazon
Amazon is a poster child for this U.S. Government fiscal and accounting fraud! The corrupt U.S. Government is digitally printing an infinite supply of imaginary-counterfeit money, with ongoing GAAP basis deficit spending, so the current Americans can fraudulently buy an infinite amount of stuff from Amazon with this infinite supply of monopoly money!


Amazon is a scam perpetrated by the corrupt U.S. Government!


Bitcoin
Bitcoin is a poster child for this U.S. Government fiscal and accounting fraud! The value of a Bitcoin could approach infinity because the corrupt U.S. Government is printing an infinite supply of imaginary-counterfeit money so gamblers and speculators can foolishly buy this valueless phantom asset with this infinite supply of monopoly money!


Bitcoin is a scam perpetrated by the corrupt U.S. Government!


The following notional chart shows how the corrupt U.S. Government has been fraudulently borrowing imaginary-counterfeit money from the future Americans since 1969 when the corrupt U.S. Government adopted the Unified Budget! As of June 22, 2021, the corrupt U.S. Government has fraudulently borrowed $150.6 Trillion of imaginary-counterfeit money from the future Americans and given it to the U.S. upper class!


The rate at which the corrupt U.S. Government is fraudulently borrowing imaginary-counterfeit money from the future Americans is increasing exponentially and could reach a quadrillion dollars (a thousand trillion dollars) by 2045 so Americans, especially the U.S. upper class, can appear to get richer and richer, the U.S. Economy can appear to get stronger and stronger, and the stock market can go higher and higher!





 

The corrupt U.S. Government is “cooking the books” so the U.S. upper class can be very rich, so the U.S. economy can be very strong, and so the stock market can keep going up forever!


America appears to be Prosperous because America is Cheating!


The corrupt
U.S. Government is a
Criminal Enterprise!



US National Debt  $28.4 Trillion 
Cash Deficit in FY2021  $3.29 Trillion 
GAAP Deficit in FY2021  $14.02 Trillion 
US Unfunded Future Liabilities  $122.2 Trillion 
US Unfunded Liabilities (GAAP)  $150.6 Trillion 
Imaginary-Counterfeit Money  $150.6 Trillion 
US Total National Assets  $172.6 Trillion 

Source: www.usdebtclock.org June 22, 2021


I have written two websites (www.usaponzi.net and www.usaponzi.com) and eight books that explain this accounting fraud/Ponzi scheme and the impact it is having on Planet Earth. My latest book (USAPonziE) is available on Amazon and can be downloaded from my www.usaponzi.net website.


John W. White
Plano, TX