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

                    Copyright Declaration                                                                                                                                       John W. White    March 29, 2013

Tesla-Hertz Stupidity caused by US Gov Fraud 211026
October 26, 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 10/26/21


We live on a Planet of Fools! Why has the corrupt U.S. Government been able to select and operate with an obviously biased fiscal policy for the last 53 years that favors America over the rest of the planet and the elite over the common man and nobody on the planet has been willing to challenge this criminal activity even as it is destroying the planet by causing Global Warming?


The corrupt U.S. Government is borrowing an infinite amount of counterfeit money from the future Americans and giving it to the U.S. upper class so the entire planet can buy an infinite amount of stuff and charge it the future Americans and no one seems to know that this is happening!


CNBC TECH

Tesla hits $1 trillion market cap for the first time after Hertz says it will buy 100,000 electric vehicles
PUBLISHED MON, OCT 25 2021
Samantha Subin


KEY POINTS
Tesla hit a $1 trillion market cap for the first time after Hertz said Monday it would buy 100,000 electric vehicles.


News of the deal brought Tesla’s stock to a new record high just one trading day after the shares topped $900.


The deal comes more than a year after Hertz filed for bankruptcy protection during the height of the coronavirus pandemic, as demand for travel and rental vehicles dropped.


Tesla management is stupid for building all of these cars! 


Hertz management is stupid for buying 100,000 EVs!


Wall Street is stupid for paying $1 Trillion for Tesla when it is worth essentially nothing!


Planet Earth is buying an infinite number of Teslas with the infinite amount of counterfeit money that the corrupt U.S. Government is fraudulently borrowing from the future Americans and giving to the U.S. upper class!


The U.S. Government is stupid, incompetent, corrupt, and criminal by “cooking the books”!


The corrupt U.S. Government is “cooking the books” by using fraudulent accounting to borrow an infinite amount of counterfeit money, so far $158.0 Trillion, from the future Americans so Planet Earth can buy an infinite number of Teslas, so Hertz can rent an infinite number of cars, and so Wall Street can buy an infinite amount of stock!


The corrupt U.S. Government is stupidly operating its fiscal policy with cash accounting rather than proper accrual accounting!


The corrupt U.S. Government has gotten Planet Earth into a real pickle by making a stupid decision to “cook the books”!


Stupid

having or showing a great lack of intelligence or common sense.


Stupid is a harsh and critical word but the corrupt U.S. Government is stupidly causing Planet Earth to do and experience some really stupid even disastrous things! As an example, it is stupid and criminal for the corrupt U.S. Government to promise future benefits to the U.S. general public and not accrue the money to pay for these future benefits! As another example, it is stupid and criminal for the corrupt U.S. Government to burn up Planet Earth!


The corrupt U.S. Government has fraudulently borrowed $158.0 Trillion of counterfeit money from the future Americans and given it to the U.S. upper class so the current Americans and people all over Planet Earth can buy a whole-hell-of-a-lot of cars from Tesla and charge them all to the future Americans!


Planet Earth has been buying cars from Tesla with monopoly money since Tesla was founded and the corrupt U.S. Government prints more monopoly money every day with ongoing GAAP basis deficit spending!


Tesla, Hertz, and Wall Street
have all been fooled by this accounting fraud


Just as a starter, the corrupt U.S. Government has already printed $158.0 Trillion of counterfeit money so we can fraudulently buy a whole lot of cars from Tesla without having to pay for them!


Wall Street has not yet discovered how the corrupt U.S. Government is pulling off this accounting trick!


The U.S. Government is corrupt and criminal for promising future benefits to the U.S. general public and not taxing the
U.S. upper class to pay for these future benefits!


Wall Street, Tesla, and Hertz are all foolish and incompetent for not recognizing the fact that the corrupt U.S. Government is incompetent and criminal!


This is stupidity! This is stupidity on steroids!


Tesla's revenue, profit, and market cap will all plummet to essentially zero when this U.S. Government incompetence, corruption, and criminality is properly exposed and we have to start buying our cars with real money!


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 $158.0 Trillion (US Unfunded Liabilities (GAAP)) from the future Americans and given it to the U.S. upper class by undertaxing them so the current Americans can buy a whole-hell-of-a-lot of cars from Tesla 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 $158.0 Trillion 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 with a Quadrillion dollars of imaginary-counterfeit money!






My 16th whistleblower letter to my congressman Van Taylor 211012 explains the epic financial, economic, physical, and humanitarian disaster that is just ahead for Planet Earth because of the 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  $3.00 Trillion 
GAAP Deficit in FY2022 
$7.30 Trillion 
US Unfunded Future Liabilities  $129.1 Trillion 
US Unfunded Liabilities (GAAP)  $158.0 Trillion 
Imaginary-Counterfeit Money 
$158.0 Trillion 
US Total National Assets 

$200.5 Trillion 

Source: www.usdebtclock.org October 26 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.


My commentary Fed-Asleep At The Switch 210901 gives a summary of the issues that this Ponzi scheme/accounting fraud is causing!


John W. White

Plano, TX