The Biggest Ponzi Scheme on the Planet-The U.S. Government
"American Economic Exceptionalism Explained"  USAPonzi    Copyright Declaration     by John W. White   Mar 29, 2013

Southwest Airlines Stupidity 210329
March 29, 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 3/29/21


Southwest Airlines has stupidly placed an order for a lot of airplanes that it does not need!


Southwest Airlines has been fooled by the corrupt U.S. Government!


https://onemileatatime.com/southwest-airlines-737-max-order/


Southwest’s big Boeing 737 MAX 7 order

Southwest Airlines has just placed an order for up to 255 additional Boeing 737 MAX aircraft. With this announcement:


Southwest Airlines has placed a firm order for an additional 100 Boeing 737 MAX 7 aircraft, the first 30 of which are scheduled to be delivered in 2022


Southwest Airlines has options for an additional 155 Boeing 737 MAX aircraft, split between the 737 MAX 7 and 737 MAX 8, to be delivered between 2022 through 2029


Southwest Airlines has converted 70 existing Boeing 737 MAX 8 orders into 737 MAX 7 orders


The corrupt U.S. Government is committing a fiscal and accounting fraud that has fraudulently borrowed $162.2 Trillion (US Unfunded Liabilities (GAAP)) from the future Americans and given it to the U.S. upper class so Americans, and people all over the planet, can fly on airplanes and charge their plane tickets to the future Americans!


When this fiscal and accounting fraud is exposed, Southwest Airlines will not need these 255 new airplanes they have just ordered and we will need to send about 25,000 existing airplanes to airplane graveyards!


The entire planet is living dramatically beyond its means because the corrupt U.S. Government 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!


So far, this fraud has fraudulently borrowed $162.2 Trillion from the future Americans (US Unfunded Liabilities (GAAP)) and given it to the U.S. upper class so the planet now has enough imaginary-counterfeit money in the global financial system to fly the nearly 30,000 airplanes we have in service globally today!


The following is a notional chart that demonstrates how I predict that the amount of imaginary-counterfeit money in the global financial system could grow to nearly a quadrillion dollars (a thousand trillion) by 2040 because of this accounting fraud!





With that much imaginary-counterfeit money, 6X what we have today, we could fraudulently keep about 180,000 airplanes flying! But that means that the corrupt U.S. Government will have to borrow a quadrillion dollars from the future Americans to pay for all of the plane tickets and all of the airplanes!


Author's note to the U.S. Congress: The future Americans do not have a quadrillion dollars!


We have got to stop building more airplanes! But as long as the U.S. Government stupidly prints more counterfeit money, Boeing will stupidly build more airplanes, and Southwest Airlines will stupidly buy more airplanes!


Hopefully, the U.S. Government or Boeing or Southwest Airlines will come to their senses before we get an infinite number of airplanes in the air!


I call this fiscal and accounting fraud USAPonzi since it a classic Ponzi scheme that is being run by the corrupt U.S. Government!


The corrupt U.S. Government is in the process of borrowing an infinite amount of imaginary-counterfeit money from the future Americans and giving it to the U.S. upper class! The future Americans do not have an infinite amount of extra money!


The U.S. upper class is getting filthy rich with monopoly money because they have been undertaxed by $162.2 Trillion!


The U.S. general public is getting screwed because their future benefits have been underfunded by $134.1 Trillion!


The corrupt U.S. Government is committing a fiscal and accounting fraud that is cheating the U.S. general public so that it can enrich the U.S. upper class!


The corrupt U.S. Government is committing a fiscal and accounting fraud that has fraudulently built 25,000 or so useless and environment-polluting airplanes!


The corrupt U.S. Government is THE CAUSE of Global Warming!


The U.S. Government should be operating its fiscal policy according to Generally Accepted Accounting Principles (GAAP Accounting) to provide a fair and equitable economy and to stop burning up the planet!

 

National Debt  $28.1 Trillion 
Cash Deficit in FY2021  $3.24 Trillion 
GAAP Deficit in FY2021  $15.29 Trillion 
US Unfunded Future Liabilities  $134.1 Trillion 
US Unfunded Liabilities (GAAP)  $162.2 Trillion 
Imaginary-Counterfeit Money  $162.2 Trillion 
Total National Assets  $160.9 Trillion 

Source: www.usdebtclock.org March 29, 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
Plano, TX