Rob Peter to Pay Paul 200722
July 22, 2020
Emailed to The United Nations, Fed Chair Jay Powell, St Louis Fed President James Bullard, 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, and NYT/WSJ/WP/DMN/CNBC on 7/21/20.
When you “rob Peter to pay Paul” for 51 years Paul can become very rich and Peter can become very poor!
For the last 51 years, the U.S. Government has been promising Peter (the U.S. general public) that it will pay Peter some government benefits someday but is not taxing Paul (the U.S. upper class) now to be able to pay these future benefits!
Paul has been given $153.4 Trillion and Peter has been cheated out of $126.9 Trillion!
When you “rob Peter to pay Paul” for 51 years, the economic abyss between Peter and Paul can become very wide and very deep ($126.9 Trillion + $153.4 Trillion = $280.3 Trillion)!
I am a whistleblower! The U.S. Government is corrupt!
The corrupt U.S. Government is not operating its fiscal policy according to Generally Accepted Accounting Principles (GAAP Accounting)! The corrupt U.S. Government is being run by common criminals that have committed a $153.4 Trillion crime!
The corrupt U.S. Government has fraudulently borrowed $153.4 Trillion (US Unfunded Liabilities (GAAP)) from the future Americans and given it to the U.S. upper class by undertaxing them and has underfunded the future promises to the U.S. general public by $126.9 Trillion (US Unfunded Future Liabilities)!
Paul is doing great because Peter is getting screwed!
The following is a link to my whistleblower letter to the U.S. general public that explains how the corrupt U.S. Government is “robbing Peter to pay Paul”!
Whistleblower Letter #1 to the U.S. general public
|US National Debt
|Cash Deficit in FY2020
|GAAP Deficit in FY2020
|US Unfunded Future Liabilities
|US Unfunded Liabilities (GAAP)
|US Total National Assets
Source: www.usdebtclock.org July 22, 2020
*usdebtclock.org has stopped explicitly reporting the GAAP Deficit. The GAAP Deficit is implicitly reported as the change in US Unfunded Liabilities (GAAP). US Unfunded Liabilities (GAAP) were $126.1 Trillion on October 1, 2019 the start date for FY2020, therefore the GAAP Deficit in FY2020 will be >$27.3 Trillion (>$153.4T-$126.1T = >$27.3T).
I have written two websites (www.usaponzi.net and www.usaponzi.com) and eight books that explain this accounting fraud 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.
This is the biggest ($153.4 Trillion) financial fraud ever perpetrated, I call it “USAPonzi: The Great American Fraud” and “The Biggest Ponzi Scheme on the Planet”!
John W. White