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

                    Copyright Declaration                                                                                                                                       John W. White    March 29, 2013

Tesla Stupidity-Allbirds Stupidity by Fraud 211103
November 3, 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 11/3/21


We live on a Planet of Fools! The criminals in Washington have fooled almost the entire planet!


The corrupt U.S. Government is printing an infinite amount of counterfeit money so we can buy a lot of cars and shoes!


The corrupt U.S. Government has fraudulently borrowed $159.2 Trillion of counterfeit money from the future Americans and given it to the U.S. upper class so the entire planet can buy a whole-hell-of-a-lot eco-friendly cars from Tesla and a whole-hell-of-a-lot of eco-friendly shoes from Allbirds!


Who does the corrupt U.S. Government think they are kidding? Apparently, they are still successfully fooling almost everyone!


Neither one of these stocks is worth a plugged nickel!


Tesla Stupidity  (Market Cap $1.2 Trillion)
Everyone knows that Tesla claims to sell expensive eco-friendly cars.


Allbirds Stupidity   (Market Cap $2.1 Billion)
Hardly anyone knows Allbirds, a new IPO today, that claims to sell expensive eco-friendly shoes.


Both Tesla ($1.2T) and Allbirds ($2.1B) appear to have outrageous valuations because the corrupt U.S. Government has printed $159.2 Trillion of counterfeit money by borrowing it from the future Americans!


The stock market is a hoax because the corrupt U.S. Government 
is printing an infinite amount of counterfeit money so the entire planet can buy an infinite amount of everything!


The corrupt U.S. Government is filling up Planet Earth with Teslas and Wool Runner shoes purchased with counterfeit money!


Author's Note:
This is why companies are in a rush to go public, they want to get their stock valued in counterfeit dollars rather than in real dollars.


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 $159.2 Trillion (US Unfunded Liabilities (GAAP)) from the future Americans and given it to the U.S. upper class by undertaxing them so the entire planet can buy expensive cars and expensive shoes 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 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 $159.2 Trillion of imaginary-counterfeit money from the future Americans 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 from Tesla and shoes from Allbirds 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  $28.9 Trillion 
Cash Deficit in FY2022  $2.79 Trillion 
GAAP Deficit in FY2022 
$19.20 Trillion 
US Unfunded Future Liabilities  $130.3 Trillion 
US Unfunded Liabilities (GAAP)  $159.2 Trillion 
Imaginary-Counterfeit Money 
$159.2 Trillion 
US Total National Assets 

$201.3 Trillion 

Source: www.usdebtclock.org November 3, 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