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

The Starbucks Miracle/Debacle!
June 26, 2017    Emailed to the WSJ/NYT/DMN on June 27, 2017


The following is an Op-Ed to "The Wall Street Journal", "The New York Times", and "The Dallas Morning News" that explains how U.S. Government fiscal and accounting fraud has built Starbucks stores all over the planet!


The "news media" has an ethical responsibility to inform the general public of how the U.S. Government is committing fiscal and accounting fraud to cheat the general public and the rest of the planet so they can "feather their own nests" and "dramatically feather the nests of their upper-class friends".


The Starbucks Miracle/Debacle!

June 26, 2017


Starbucks appears to be an economic miracle because of its dramatic growth in number of stores, its sales, and its market capitalization! However, the success of Starbucks is due to fiscal and accounting fraud within the U.S. Government. Starbucks was founded in 1971 just two years after the U.S. Government launched the Ponzi scheme fiscal policy that I call USAPonzi!


Starbucks appears to be an economic miracle because of USAPonzi!


Starbucks will be an economic debacle when USAPonzi implodes!


Everywhere you look these days you seem to find a Starbucks store! But this is easily explained! The U.S. Government is printing counterfeit money so that the upper class can have fancy coffee whenever and wherever they want it. As of June 26, 2017, the U.S. Government has printed $106.6 Trillion of imaginary-counterfeit money so that we can have plenty of premium coffee! The U.S. Government has made a point of giving most of this imaginary-counterfeit money to the U.S. upper class so the clientele of Starbucks tends to be able to pay a premium price for their coffee.


The U.S. Government has fraudulently borrowed $106.6 Trillion from the future Americans and given it to the U.S. upper class! That is why upper-class Americans can afford fancy coffee from Starbucks!


Because the U.S. Government is not operating according to Generally Accepted Accounting Principles (GAAP Accounting), the U.S. Government is not properly taxing the U.S. upper class to pay for future U.S. Government benefit promises! The U.S. upper class is appearing to get very very rich, by $106.6 Trillion so far, because they have been undertaxed.


The U.S. Government is printing imaginary-counterfeit money at the rate of our GAAP basis deficit spending! The U.S. Government is running a giant counterfeit money digital printing press by operating with fraudulent accounting! The U.S. Government has been doing this for 48 years! The U.S. Government is corrupt! The senior U.S. Government officials are criminals!


Every dollar of GAAP basis deficit spending becomes an imaginary-counterfeit dollar in the pocket of the current American that did not pay that tax dollar! Americans, and people throughout the planet, are spending some of these imaginary-counterfeit dollars for Starbucks coffee!


Starbucks is making a killing from this massive accounting fraud! Most companies are making a killing from this massive fraud! The U.S. upper class is getting filthy rich from this massive fraud! The senior U.S. Government officials are getting rich from this massive fraud! The stock market goes up because of this massive accounting fraud. Starbucks stock goes up because of this massive fraud! When Americans have to start using "real earned income" to buy coffee, we will buy a whole lot less coffee and we will not pay premium prices for our coffee.


But when the U.S. Government is creating a never-ending supply of imaginary-counterfeit money, by borrowing it from the future Americans, we can buy an ever-increasing amount of coffee and can pay an ever-increasing price for our coffee. That is why Starbucks now has over 26,000 stores and a market cap of $86 Billion.


The Ponzi scheme that I call USAPonzi is creating money out of "thin air" by borrowing it from the future Americans so that the current Americans can drink lots of premium coffee!


The U.S. Government is able to print this imaginary-counterfeit money by using fraudulent accounting; using Cash Accounting rather than the proper GAAP Accounting. This fraud has undertaxed the U.S. upper class by $106.6 Trillion which has produced this $106.6 Trillion of imaginary-counterfeit money. The U.S. Government prints $15.20 Billion more imaginary-counterfeit money every day so that we can drink more premium coffee every day (GAAP Deficit in FY2017 = $5.55T/365 = $15.20B).


$106.6 Trillion can buy a lot of coffee!


The miracle of Starbucks has been produced by the Ponzi scheme fiscal policy of the U.S. Government. Starbucks has built over 26,000 stores because we are buying their coffee with money that the U.S. Government has fraudulently borrowed from the future Americans.


The miracle of Starbucks has been produced by the U.S. Government fiscal and accounting fraud that I call USAPonzi.


The debacle of Starbucks will occur when USAPonzi implodes! At that point we will see a whole hell of a lot of empty Starbucks stores all over the planet! When the U.S. Government starts using honest accounting, this massive stream of "free money" coming out of Washington will disappear!


But who knows when the people in Washington will start telling the truth?


The management of Starbucks has been hoodwinked by a corrupt U.S. Government as have the managements of companies all over the planet! Starbucks has foolishly built 26,000 fancy stores to sell coffee to folks that are buying it with $106.6 Trillion of imaginary-counterfeit money that has been fraudulently borrowed from the future Americans that cannot even pay the current period cash bills of the U.S. Government!


Corruption in an entity of the size and importance of the U.S. Government can cause massive corruption, distortion, and deception throughout the planet. USAPonzi is a $106.6 Trillion fraud!


Many, many companies will suffer the same fate that I predict for Starbucks when the U.S. Government finally admits to this massive fiscal and accounting fraud!


The U.S. Government has fraudulently given the U.S. upper class $106.6 Trillion of "coffee money" by deferring $106.6 Trillion of public liabilities (US Unfunded Liabilities (GAAP)) to the future Americans! Starbucks has built over 26,000 stores because of this U.S. Government fiscal and accounting fraud!


I estimate that the stock market will fall by 80-85% when USAPonzi implodes so the current market cap of Starbucks ($86B) could drop to less than $15B when the U.S. Government starts using honest accounting! But since premium coffee is a discretionary item, Starbucks stock price could drop much more than the average stock when USAPonzi implodes!


The entire global economy is operating as a massive Ponzi scheme because of U.S. Government fiscal and accounting fraud!


Starbucks is just one of many companies that are demonstrating phenomenal financial success solely because of this fiscal and accounting fraud that I call USAPonzi!


 

National Debt    $20.0 Trillion 
Cash Deficit in FY2017  $0.57 Trillion 
GAAP Deficit in FY2017 
$5.55 Trillion 
US Unfunded Future Liabilities  $86.6 Trillion 
US Unfunded Liabilities (GAAP)  $106.6 Trillion 
Imaginary-Counterfeit Money 
$106.6 Trillion 
Total National Assets 
$131.9 Trillion 

Source: www.usdebtclock.org Jun 25, 2017


This U.S. Government 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 a website www.usaponzi.net that 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. The www.usaponzi.net website is an introduction to my more detailed website www.usaponzi.com and my books "USAPonzi" (Nov 22, 2015) and "USAPonzi2" (May 1, 2017) which are available on Amazon to better explain this fraud/Ponzi scheme.


This is the biggest ($106.6 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

Plano, TX