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

                    Copyright Declaration                                                                                                                                       John W. White    March 29, 2013

SEC Whistleblower Letter #16 211020
October 20, 2021
Emailed to The 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/DMN, and Dallas Mayor Eric Johnson on 10/20/21.


The corrupt U.S. Government is burning up Planet Earth!


The SEC (Securities and Exchange Commission) is, like the FED (Federal Reserve Bank), “asleep at the switch”!


The corrupt U.S. Government has fraudulently stolen $157.9 Trillion from the future Americans and given it to the U.S. upper class and apparently neither the SEC nor the FED realize that this has happened!


The corrupt U.S. Government is running a classic Ponzi scheme, I call it USAPonzi, that is 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! The U.S. upper class is getting rich and the U.S. general public is getting screwed! The corrupt U.S. Government has fraudulently given the U.S. upper class $157.9 Trillion of imaginary-counterfeit money!


The U.S. Government is corrupt and both the SEC and FED are “asleep at the switch”!


The following is my 16th whistleblower letter to the Securities and Exchange Commission in an attempt to expose this fiscal and accounting fraud/Ponzi scheme. This letter explains how the fiscal policy of the U.S. Government is using a fraudulent accounting system that dramatically favors America over the rest of the planet and dramatically favors the U.S. upper class over the U.S. general public.


The U.S. Government is not operating its fiscal policy with proper and Generally Accepted Accounting Principles (GAAP Accounting)!


The U.S. Government is “cooking the books” by promising future U.S. Government benefits to the U.S. general public but not taxing the U.S. upper class to accrue the money to pay these future benefits!


The senior members of the U.S. Government are common criminals because they are not operating the U.S. Government fiscal policy with GAAP Accounting, also called accrual accounting!


This fraudulent fiscal policy has skewed such excess wealth and prosperity to America and to the global upper class that it is causing economic inequality, climate change, global warming, the coronavirus pandemic, political discord, a hunger pandemic, The Greatest Depression, and the Death of Planet Earth!


I have also sent this whistleblower letter to several notable individuals in an attempt to alert them to how the corrupt U.S. Government, by committing a fiscal and accounting fraud, is causing inequality, conflict, chaos, and destruction all over Planet Earth!


SEC Whistleblower Letter #16 dated October 20, 2021 as mailed to the Securities and Exchange Commission.


SEC Whistleblower Letter #16

October 20, 2021

 

TO: Chairman Gary Gensler FR: John W White
       SEC Headquarters        2804 Fenwick Lane
       100 F Street, NE        Plano, TX 75093
        Washington, DC 20549
|
CC: Secretary-General Antonio Guterres CC: Chief Justice John G. Roberts, Jr.
       Headquarters of the United Nations         Supreme Court of the USA
       760 United Nations Plaza         1 First Street, NE
       New York, NY 10017         Washington, DC 20543
|
CC: Director Christopher Wray CC: Chairman Jay Powell
       Federal Bureau of Investigation        Federal Reserve Bank of the USA
       935 Pennsylvania Avenue, NW        20th St and Constitution Ave, NW
       Washington, DC 20535-0001        Washington, DC 20551
|
CC: Congressman Van Taylor CC: Publisher A.G. Sulzberger
       Texas 3rd Congressional District        The New York Times
       5600 Tennyson Pkwy, #275        620 Eighth Avenue
        Plano, TX 75024        New York, NY 10018
|
CC: Publisher Almar Latour CC: Publisher Grant S. Moise
       The Wall Street Journal        Dallas Morning News        
       1211 Avenue of the Americas        1954 Commerce Street
        New York, NY 10036        Dallas, TX 75201


The corrupt U.S. Government is burning up Planet Earth! The corrupt U.S. Government is committing a fiscal and accounting fraud that is causing Global Warming!


This is a whistleblower letter to the U.S. Securities and Exchange Commission to report the fact that the U.S. Government is committing a fiscal and accounting fraud to fraudulently enrich the U.S. upper class, to cheat the U.S. general public, and to burn up Planet Earth!


Chairman Gensler, you are an accessory to the biggest crime ever committed! The corrupt U.S. Government has stolen $157.9 Trillion of counterfeit money from the future Americans and given it to the U.S. upper class and you have failed to protect the innocent U.S. general public and the rest of the planet from this now 53-year-long and $157.9 Trillion crime by not exposing it!


Chairman Gensler, this is my 16th whistleblower letter to the SEC expressing the same complaint; the U.S. Government is committing a fiscal and accounting fraud that is causing extreme economic inequality and is devastating Planet Earth! The U.S. Government is promising future benefits to the U.S. general public but is not taxing the U.S. upper class to accrue the money to pay these future benefits!


The U.S. Government is cheating the U.S. general public so that it can enrich the U.S. upper class!


While this accounting fraud is causing many very serious issues, I contend that the most serious issue is that it is burning up Planet Earth!


The U.S. Government is not operating its fiscal policy with proper and Generally Accepted Accounting Principles (GAAP Accounting)! The U.S. Government is operating its fiscal policy with Cash Accounting rather than proper Accrual Accounting!


This whistleblower letter can be read from my www.usaponzi.com website to activate the hyperlinks.
http://www.usaponzi.com/sec-whistleblower-letter--16-211020.html


Because this accounting fraud is enriching the U.S. upper class by $157.9 Trillion and cheating the U.S. general public by $129.0 Trillion, this is a criminal act by the SEC and the senior members of the U.S. Government! This is the biggest crime ever committed and you are an accessory to this $157.9 Trillion crime!


The senior members of the U.S. Government are common criminals and you are letting them get away with this $157.9 Trillion crime!


The corrupt U.S. Government is promising future benefits to the U.S. general public but is not operating its fiscal policy with accrual accounting (GAAP Accounting) to accrue the money to pay these future benefits! The U.S. Government is lying to and cheating the U.S. general public by promising future benefits but is not taxing the U.S. upper class to pay for these future benefits!


How can you sleep at night knowing that you have allowed the corrupt U.S. Government to lie to and cheat the U.S. general public for the last 53 years so they can fraudulently enrich the U.S. upper class!


When and how are you planning to disclose this criminal act to the U.S. general public without causing a violent uprising by the 90% or so of the U.S. population that will be devastated by this U.S. Government fiscal and accounting fraud because their future benefit promises have not been funded!


The U.S. general public will not take kindly to the fact that the corrupt U.S. Government has been cheating them for 53 years so the corrupt U.S. Government can enrich the U.S. upper class!


This accounting fraud has enriched the U.S. upper class by $157.9 Trillion!


This accounting fraud has cheated the U.S general public by $129.0 Trillion!


This accounting fraud has cheated the rest of the planet by allowing Americans to buy stuff without paying for it!


This accounting fraud has caused social injustice of $286.9 Trillion!


This accounting fraud has caused wealth and income inequality!


This accounting fraud has caused Global Warming!


This accounting fraud has caused the Coronavirus Pandemic!


This accounting fraud is causing War and Terror!


This accounting fraud is causing a Hunger Pandemic!


This accounting fraud is causing The Greatest Depression!


This accounting fraud is causing the Death of Planet Earth 190819!


The exposure of this accounting fraud will cause chaos, civil unrest, and depression 210508!


The U.S. Government is corrupt, you are an accessory to this $157.9 Trillion crime, and the Fed is Asleep at the switch just like the SEC!


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 stream of counterfeit money, I call it imaginary-counterfeit money, from the future Americans, money the future Americans do not have, and giving it to the U.S. upper class by undertaxing them!


This fiscal and accounting fraud was launched in FY1969 with the adoption of the fraudulent Unified Budget that was proposed by a scoundrel, Lyndon Baines Johnson, and approved by the corrupt U.S. Congress! For the last 53 years the corrupt U.S. Government has been fraudulently borrowing an infinite stream of imaginary-counterfeit money from the future Americans and giving it to the U.S. upper class by promising but not accruing for future benefit promises to the U.S. general public!


The following chart 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!






When USAPonzi implodes, this imaginary-counterfeit money will evaporate and nobody will have any money marking the start of The Greatest Depression!


Chairman Gensler
, you are allowing the corrupt U.S. Government to cause this epic financial, economic, physical, and humanitarian disaster that I call USAPonzi!

 

US National Debt  $28.9 Trillion 
Cash Deficit in FY2022 

$3.00 Trillion 

GAAP Deficit In FY2022  $7.30 Trillion 
US Unfunded Future Liabilities  $129.0 Trillion 
US Unfunded Liabilities (GAAP)  $157.9 Trillion 
Imaginary-Counterfeit Money  $157.9 Trillion 
US Total National Assets  $200.1 Trillion 

Source: www.usdebtclock.org October 20, 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