Rubber Shortage caused by US Gov Fraud 210424
April 24, 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 4/24/21
We are running out of rubber!
We are running out of semiconductor chips!
We are running out of rubber and semiconductor chips because the corrupt U.S. Government is committing a fiscal and accounting fraud!
We will need an infinite amount of rubber and an infinite number of semiconductor chips because of this accounting fraud!
The corrupt U.S. Government is running a classic Ponzi scheme, I call it USAPonzi, that is in the process of fraudulently borrowing an infinite amount of money, I call it imaginary-counterfeit money, 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 not operating its fiscal policy with proper and Generally Accepted Accounting Principles (GAAP Accounting) that would properly accrue the money to pay future benefit promises!
Because of this accounting fraud, the corrupt U.S. Government is fraudulently borrowing an infinite amount of money, I call it imaginary-counterfeit money, from the future Americans so the current Americans can buy an infinite number of T-shirts, tennis shoes, smartphones, computers, cars, airplanes, boats, houses, etc etc with monopoly money!
So far, the corrupt U.S. Government has fraudulently borrowed $162.8 Trillion of imaginary-counterfeit money (US Unfunded Liabilities (GAAP)) from the future Americans and given it to the U.S. upper class!
The following chart gives a graphical projection of how the corrupt U.S. Government could fraudulently borrow as much as a quadrillion dollars (a thousand trillion dollars) of imaginary-counterfeit money from the future Americans by 2040 that we can use to build a whole-hell-of-a-lot of smartphones, computers, cars, airplanes, boats, houses, etc etc that will require a whole-hell-of-a-lot of lumber, rubber, semiconductor chips, and other resources!
The entire planet is buying and building stuff with the imaginary-counterfeit money that the corrupt U.S. Government is fraudulently borrowing from the future Americans!
This accounting fraud is borrowing an infinite amount of money from the future Americans and now Planet Earth is building an infinite number of houses, an infinite number of cars, an infinite number of airplanes, an infinite number of boats, and an infinite number of everything with this monopoly money!
We are building so much stuff that we are running out of resources to meet the fraudulent demand that this accounting fraud has created! We will need an infinite amount of rubber and an infinite number of semiconductor chips because of this accounting fraud!
First chips, and now automakers face a new shortage: rubber
Shipping delays, stockpiling and leaf disease are factors
Apr 17th 2021
Automakers struggling with pandemic-induced plant shutdowns and a global chip shortage are now confronting another supply chain headache: dwindling rubber supplies.
Snarled shipping lines are disrupting the movement of natural rubber, a key material used in tires as well as components under the hood. With the global supply already running short following stockpiling by China and a devastating leaf disease, rubber prices are on the rise and some U.S. auto suppliers are rushing to secure shipments before the market gets squeezed further.
As companies in virtually every market grapple with shortages, perhaps no industry is being hit harder than autos. Multiple plants have been idled by a semiconductor crisis that’s costing tens of billions of dollars in lost revenue, while materials from seating foam to metal to plastic resin are also becoming harder to find. The industry, which has long relied on just-in-time manufacturing to reduce costs, is finding it has limited flexibility to deal with supply chain disturbances wrought by the pandemic.
The rubber shortage threatens to further disrupt vehicle production just as demand rebounds and the Biden administration douses the U.S. economy with $1.9 trillion in stimulus spending. And rubber problems could prove particularly thorny because the trees need seven years to mature, making it unlikely the supply will quickly bounce back.
See Chip Shortage Lunacy 200310.
This accounting fraud has already built a billion excess cars (See A Billion Stolen Cars 201026) and each one of these billion cars needed tires and semiconductor chips!
This accounting fraud is shipping so much stuff to America that some suppliers are resorting to air cargo to avoid the congestion of surface cargo!
Is air cargo really a bargain right now?
Friday, March 12, 2021
Retailers are stuck between playing the ocean waiting game and ponying up for air cargo. The number of container ships in San Pedro Bay has hovered around 30 since the start of the year and levels remain stubbornly high. As of Wednesday, there were 31 at anchor. The CMA CGM Marco Polo — with a capacity of 16,022 twenty-foot equivalent units (TEUs) — has been stuck at anchor the longest, since Feb. 27. The median time a container ship spent anchored outside the port last week was just over 7.5 days before it could head to berth.
The Ports of Los Angeles and Long Beach have received the lion’s share of media attention given their scale and importance to the U.S. consumer, but it is a common story playing out around the country (and the world).
Up the coast of California, ship-positioning data from MarineTraffic showed 13 ships at anchor off Oakland as of Wednesday. Even further to the north, MarineTraffic data showed 11 ships at anchor off Vancouver in British Columbia, as Asian exports to the U.S. are flowing heavily through Canada as well. Over on the East Coast, Savannah, Georgia, had 14 container ships at its anchorages as of Wednesday.
As long as the corrupt U.S. Government keeps fraudulently borrowing money from the future Americans our cargo congestion can only get worse and worse!
This accounting fraud is in the process of building an infinite amount of environment-polluting stuff by fraudulently borrowing an infinite amount of money from the future Americans which is what is causing Global Warming! This accounting fraud that I call USAPonzi was launched in 1969 with the Unified Budget and the following NASA chart shows that global temperatures started to rise at precisely that point in time!
The corrupt U.S. Government is destroying Planet Earth by committing this fiscal and accounting fraud that I call USAPonzi!
|US National Debt
|Cash Deficit in FY2021
|GAAP Deficit in FY2021
|US Unfunded Future Liabilities
|US Unfunded Liabilities (GAAP)
|US Total National Assets
Source: www.usdebtclock.org April 24, 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 also be downloaded from my www.usaponzi.net website.
John W. White