The Goldman Sachs Conspiracy!
February 14, 2017 Emailed to WSJ/NYT/DMN on 2/16/17
The following is an Op-Ed to "The Wall Street Journal", "The New York Times", and "The Dallas Morning News" that explains how the U.S. Government is using a fraudulent fiscal policy and accounting system that has colossally enriched the Goldman Sachs community.
The Goldman Sachs Conspiracy!
February 14, 2017
The U.S. Government is corrupt and The Senior Members of the U.S. Government are Criminals.
The Goldman Sachs Group has been able to exploit the fraud and corruption within the U.S. Government to create massive wealth for the employees of Goldman Sachs. As I say repeatedly, the U.S. upper class is being colossally and fraudulently enriched by this U.S. Government fraud and corruption that I call USAPonzi. However, the Goldman Sachs Group seems to have a special relationship with the U.S. Government to protect and enhance the exploitation of this fraud.
The Goldman Sachs Group, Inc. is an American multinational finance company that engages in global investment banking, investment management, securities, and other financial services, primarily with institutional clients. Wikipedia
The U.S. Government is operating with a Ponzi scheme fiscal policy that is borrowing monopoly money from the future Americans and giving it to the current Americans. The U.S. Government tries to conceal the magnitude of this fraudulent borrowing by using a fraudulent accounting system. The U.S. Government is operating with Cash Accounting rather than the proper GAAP Accounting (Generally Accepted Accounting Principles).
This U.S. Government fraud is printing imaginary-counterfeit money, $105.1 Trillion to date and $15.42 Billion every day, that is being channeled to the U.S. upper class by making false U.S. Government benefit promises to the U.S. Common Man and then not properly funding these promises. For the 48 years since the Ponzi scheme was launched in FY1969, the Goldman Sachs Group has been capturing a significant portion of this ill-gotten money and the U.S. Government has been careful to place Goldman executives in key spots in the U.S. Government so that they can continue this symbiotic relationship that has been so lucrative for the Goldman folks.
While the U.S. Government works closely with Goldman Sachs to maximize the benefit to Goldman folks, the U.S. Government is colossally enriching all U.S. upper class folks, dramatically enriching the U.S. ruling class, while colossally cheating the U.S. Common Man, and colossally cheating the rest of the planet.
When the fox is watching the chicken house, the fox wins and the chickens lose.
Goldman Sachs employees have fraudulently gained tens of billions of dollars (possibly hundreds of billions) solely because of this fraud. An unbalanced budget, by definition, is going to help some while hurting others. The Common Man does not stand a chance when the "elite class" is controlling the purse strings and the U.S. Government is careful to have the "right folks" watching the chicken house.
Someone needs to be standing up for the U.S. Common Man and the rest of the planet. But unfortunately the implosion of USAPonzi is going to create massive trauma for everyone. But for the last half century the "elite class", of which the Goldman community is a prominent member, has been enjoying the ill-gotten fruits of this U.S. Government fraud and corruption.
The U.S. Common Man and "the rest of the planet" need to be informed of this fraud but the media refuses to expose this fraud because this fraud is also lining their pockets.
|Cash Deficit in FY2017
|GAAP Deficit in FY2017
|US Unfunded Future Liabilities
|| $85.1 Trillion
|US Unfunded Liabilities (GAAP)
|| $105.1 Trillion
| Total National Assets
Source: www.usdebtclock.org February 14, 2017
This U.S. Government fiscal and accounting fraud can only be equitably eliminated by the adoption of GAAP Accounting and a commitment to a balanced GAAP basis budget by the U.S. Government.
I have published another website www.usaponzi.net that I think better explains how this fraud works to create a massive global wealth and income gap between the haves and the have-nots and to create false wealth and prosperity for the current Americans.
This fraud is explained in CliffsNotes format (USAPonzi CliffsNotes) and is also explained in much more detail on my website www.usaponzi.com and in my book “USAPonzi” which is available on Amazon in Kindle and Paperback formats and on my website in PDF format.
This is the biggest ($105.1 Trillion) financial fraud ever perpetrated, I call it "USAPonzi: The Ultimate Government Fraud" and it is "The Biggest Ponzi Scheme on the Planet"!
John W. White