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

                    Copyright Declaration                                                                                                                                       John W. White    March 29, 2013

Rivian Stupidity Rages On 211116
November 16, 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 11/16/21


I am a whistleblower! The U.S. Government is corrupt! The corrupt U.S. Government is “cooking the books” (See
USAPonzi-The Great American Fraud)!


We live on a Planet of Fools!


If the Rivian Stupidity continues much longer I will be forced to admit that we live on a Planet of Idiots!


The Criminals in Washington have fraudulently borrowed $159.5 Trillion of imaginary-counterfeit money from the future Americans and given it to the U.S. upper class so the fools and idiots on Wall Street will think that a company like Rivian, that is worth absolutely nothing, reached a market valuation today of $153.0 Billion!


The
fools and idiots on Wall Street are easily fooled!


The Criminals in Washington have pulled $159.5 Trillion “out of a hat” so
Americans can appear to buy a whole-hell-of-a-lot of cars!


The Global Economy, the U.S. Government, the Stock Market, and Rivian Automotive are all operating on fake money that the corrupt U.S. Government is pretending to borrow from the future Americans!


The global financial system is one gigantic “house of cards” that is being perpetrated by the corrupt U.S. Government!


The following charts show just how ridiculous the valuation of Rivian has been since its IPO on November 10, 2021.


 

Rivian  Stock Price  Market Cap 
IPO Nov 10, 2021  $78.00  $66.5B 
Open Nov 10, 2021  $106.75  $91.0B 
Close Nov 10, 2021  $100.73  $85.9B 
Close Nov 11, 2021  $122.99  $104.9B 
Close Nov 12, 2021  $129.95  $110.8B 
Close Nov 15, 2021  $149.36  $127.3B 
Open Nov 16, 2021  $163.89  $139.7B 
High Nov 16, 2021  $179.47  $153.0B 
Close Nov 16, 2021  $172.01  $146.7B 
Corruption Exposed  $0.00  Zero 


Rivian
will be out of business in an instant when Planet Earth finds out that the U.S. Government is corrupt!


This is stupidity!


The sum of the real market caps of all car manufacturers on the planet is ZERO because we do not need more cars right now! The corrupt U.S. Government has already
stolen a billion cars from the future Americans by “cooking the books” so we will not need to build more cars for a long-long time!


The corrupt U.S. Government, by committing a fiscal and accounting fraud, is fraudulently borrowing an infinite amount of monopoly money from the future Americans so the entire planet can pretend like we can buy an infinite number of cars with an infinite amount of monopoly money!


The corrupt U.S. Government is stupidly operating its fiscal policy with cash accounting rather than proper accrual accounting!


The corrupt U.S. Government has gotten Planet Earth into a real pickle by making a stupid decision to “cook the books”!


Stupid

having or showing a great lack of intelligence or common sense.


Stupid
is a harsh and critical word but the corrupt U.S. Government is stupidly causing Planet Earth to do and experience some really stupid even disastrous things! As an example, it is stupid and criminal for the corrupt U.S. Government to promise future benefits to the U.S. general public and not accrue the money to pay for these future benefits! As another example, it is stupid and criminal for the corrupt U.S. Government to burn up Planet Earth!


Wall Street 
has not yet discovered how the corrupt U.S. Government is pulling off this accounting trick!


In fact, the corrupt U.S. Government has not yet discovered how the
corrupt U.S. Government is pulling off this accounting trick!


The U.S. Government is corrupt and criminal for promising future benefits to the U.S. general public and not taxing the
U.S. upper class to pay for these future benefits! The corrupt U.S. Government is not operating its fiscal policy with proper accrual accounting!


Wall Street 
is foolish and incompetent for not recognizing the fact that the corrupt U.S. Government is incompetent and criminal!


The corrupt and criminal U.S. Government is causing Planet Earth to build an unending number of new car companies and an unending number of new cars by fraudulently borrowing an infinite amount of counterfeit money from the future Americans!


This is stupidity! This is stupidity on steroids! This is insanity! This is insanity on steroids!


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 $159.5 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 cars  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 notional 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 $159.5 Trillion 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 cars with a Quadrillion dollars of imaginary-counterfeit money!





My commentary PEMMA-Planet Earth Man-Made Apocalypse 211101 explains the epic financial, economic, physical, and humanitarian disaster that is just ahead for Planet Earth because of this 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  $29.0 Trillion 
Cash Deficit in FY2022  $2.80 Trillion 
GAAP Deficit in FY2022 
$15.15 Trillion 
US Unfunded Future Liabilities  $130.5 Trillion 
US Unfunded Liabilities (GAAP)  $159.5 Trillion 
Imaginary-Counterfeit Money 
$159.5 Trillion 
US Total National Assets 

$202.3 Trillion 

Source: www.usdebtclock.org November 16, 2021


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 be downloaded from my websites in pdf format.


John W. White

Plano, TX