The Biggest Ponzi Scheme on the Planet
The U.S. Government
"American Economic Exceptionalism Explained"
by John W. White
Mar 29, 2013
About the Author
Emails to Notables
What is a Ponzi Scheme?
What is GAAP Accounting? 9/27/15
What is GAAP Accounting? 4/24/15
Distributing Counterfeit Money!
Open Letter to Planet Earth Current
Open Letter to Planet Earth-Short Current
Open Letter to US General Public-Long Current
Open Letter to US General Public-Short Current
Open Letter to US Government Current
Fraud Charges against U.S. Government current
U.S. Total Financial Leverage 4.1X 1929 9/19/15
U.S. Total Financial Leverage 4X 1929
USAPonzi Financial Summary
The Distortions of USAPonzi 7/23/15
The Distortions of USAPonzi 4/20/15
The Implosion of USAPonzi 7/13/15
The Implosion of USAPonzi 5/26/15
USAPonzi Fiscal Model
Introduction to USAPonzi
The eBook of USAPonzi
Table of Contents
1 What is a Ponzi Scheme?
2 What is GAAP Accounting?
3 Introduction to USAPonzi
4 USAPonzi-Biggest Ponzi Scheme on the Planet!
5 The Oswald Financial Bubble
6 The Infinite Counterfeit Money Machine
7 Creating Counterfeit Wealth
8 Buffett makes $9M a day from U.S. Gov Fraud!
9 Creating Counterfeit Prosperity
10 Cheating the Common Man!
11 Cheating the Planet!
12 The End Game for USAPonzi
13 The American Housing Bubble
14 How LBJ Financed the SmartPhone Phenomenon
15 Why Apple Joined the Dow
16 Amazon: A Counterfeit Company
17 Washington DC-A Coming Ghost Town
18 Las Vegas-A Coming Ghost Town!
19 Why Pro Athletes make $Millions
20 U.S. Total Financial Leverage 4.2X 1929
21 U.S. Financial Crisis 9X Greece Crisis
22 The Distortions of USAPonzi
23 We Need More and Bigger Docks
24 The Implosion of USAPonzi
25 The Myth of American Economic Exceptionalism!
26 Scoundrels, Liars, and Cheaters!
27 Fed Chairmen Co-conspirators in USAPonzi
28 The Fed is NOT the Problem
29 Why the U.S. Government raises the Debt Ceiling
30 Whistleblower Letters to the SEC
31 How Oswald created ISIS
32 U.S. Government is "Too Big to Save"!
33 Sitting on a Global Financial System Time Bomb
34 The Rise and Fall of the American Empire
35 A Disciplined Budgeting Process
usdebtclock.org Nov 22, 2015
1st Whistleblower Letter to SEC Jan 8, 2014
11th Whistleblower Letter to SEC Sep 26, 2015
USAPonzi Elevator Pitch with Words
USAPonzi Elevator Pitch with Numbers
Copy of USAPonzi Elevator Pitch with Numbers
USAPonzi Elevator Speech 7/22/16
USAPonzi Elevator Speech 11/2/16
USAPonzi in a Nutshell V1 Harsh Language
USAPonzi in a Nutshell V2 Gentle Language
The Anatomy of USAPonzi July 10, 2014
U.S. Total Assets Bubble
Asset Prices to Infinity
Why Stocks Outperform Bonds!
USAPonzi is Tilting the Playing Field
Oswald made Buffett,Gates,Jordan,and Woods richer!
Favoring the Rich and Cheating the Common Man
Happy New Year USA! You just got a pay raise!
Fixing Fiscal Policy
An Absurd Situation
Government Shutdown Oct 2013
Byproducts of USAPonzi
Inflation-A Byproduct of USAPonzi
DC-A Coming Ghost Town
CEO Pay Bonanza
Copy of Stock Buybacks
High Net Worth
The Fed is NOT the Problem!
Cooking the Books!
Fiscal Gap Accounting
A Nation Fooled!
Enron on Steroids!
Detroit-A lesson in Bankruptcy
Puerto Rico-A Lesson in Bankruptcy
The Treasury Assessment
Detecting a Fraud
Counterfeit, Phantom, Qvalue Money
Living Beyond our Means
Take away the Punchbowl!
Robbing the Saver!
Pension Fund Crisis
Endowment Fund Crisis
Hedge Fund Ponzi
USAPonzi March 2013
U.S. "Real" Deficit
U.S. "Real" GDP
Devaluing the Dollar!
Post Office Ponzi
White Paper Directory
Open Letter Nov 25, 2013
Copy of Open Letter Nov 25, 2013
Open Letter Dec 7, 2013
Amazon is a Hoax by Fraud 180503
Open Letter Dec 13, 2013
Open Letter Dec 20, 2013
Open Letter Jan 1, 2014
SEC Letter Jan 8, 2014
Open Letter Jan 9, 2014
SEC Letter Jan 27, 2014
SEC Email Response Jan 28, 2014
SEC Letter Feb 24, 2014
SEC Letter Mar 17, 2014
SEC Letter Apr 14, 2014
SEC Letter Aug 18, 2014
SEC Letter Mar 11, 2015
SEC Letter Jun 29, 2015
SEC Letter Jul 30, 2015
SEC Letter Sep 15, 2015
SEC OIG Response to Whistleblower #10
SEC Letter Sep 26, 2015
SEC Letter Feb 10, 2016
Keeping a Secret
Rich get Richer/Poor get Poorer
Washington is Taking from the Poor
Scoping a Grand Bargain
Buffett on Pensions
Copy of Buffett on Pensions
FY2013 GAAP basis Results
Hensarling: Why Debt Matters
Take Away the Punch Barrel
Paul Ryan's FY2015 Budget
"The Big Lie"
Tax Rate Absurdity
The Buffett Investing Genius Magnified
The Ponzi Economy
Liars and Cheaters in Washington
Defying the Law of Gravity
U.S. "Real" GDP FY2014
The TINA Economy
Fed Chairmen Co-conspirators in USAPonzi
U.S. Government-A Lawless Enterprise
U.S. Total Financial Liabilities July 2014
USA Corrupt and Fraudulent Accounting Letter
USAPonzi Long Term Projection
Copy of USAPonzi Long Term Projection
Greed Trumps Fear!
The USA is Cheating on the World
Cooking the "Cooked Books"!
U.S. "Real" GDP FY2015 with $5.5T Deficit
U.S. "Real" GDP FY2015 with $6.5T Deficit
U.S. "Real" GDP FY2015 10/6/14
Open Letter to Financial Experts
Yellen warns of rising income gap
Yellen Does Not Understand Fiscal Policy
The $100 Trillion Counterfeit Money Machine
U.S. Citizens: Your Government is Lying to you!
The U.S. Government is Corrupt and Fraudulent!
Empty Promises to the Underprivileged
Why the Stock Market is Overvalued!
Open Letter to U.S. Citizens Dec 15, 2014
Open Letter to U.S. Citizens Dec 11, 2014
Open Letter to U.S. Citizens Dec 20, 2014
Op-Ed to New York Times Dec 29, 2014
Thomas Jefferson Predicted USAPonzi
Op-Ed to The Wall Street Journal 1/5/15
Op-Ed to The Dallas Morning News
Buffett makes $10M a day on U.S. Gov Corruption
Fools and Foxes
The Rise and Fall of the American Empire
"State of the Union" Absurdities
The Haves vs. The Havenots!
How LBJ Financed the SmartPhone Phenomenon!
U.S. Upper Class loves Government Fraud
Open Letter to U.S. Citizens Feb 5, 2015
U.S. Fiscal Policy is Patently Absurd!
Ruling/Upper Class Lie to/Cheat Mid/Lower Classes
Challenge Letter to SEC, WSJ, NYT, and DMN
Cheating the Common Man!
We Need More and Bigger Docks!
Open Letter to U.S. Citizens Mar 3, 2015
U.S. Fiscal Policy is Absolutely Absurd!
Drinking the U.S. Government Kool-Aid!
Why Apple Joins the Dow!
Americans think we are richer and more prosperous
Open Letter to U.S. Citizens Mar 16, 2015
www.usdebtclock.org Begins GAAP Reporting
LBJ Snake Oil still being sold!
How "The Rich" got rich!
Op-Ed to The Dallas Morning News 4/2/15
Las Vegas-A Coming Ghost Town!
Criminal, Manufacturing, or Service Economy?
American Institute of CPAs for Accrual Accounting
Creating Counterfeit Money
A New Car for every U.S. Citizen!
Truth in Government
Sounding the Alarm on U.S. Government Fraud!
Open Letter to U.S. Citizens May 11, 2015
Dealing with National Bankruptcy!
The U.S. Government is Corrupt!
Living on borrowed money and time!
Donald Trump: "I'm really Rich"!
Icahn/Trump: Bubble like you've never seen before!
Is the U.S. Gov Overspending or Undertaxing?
U.S. Financial Crisis 9X Greece Crisis
U.S. Government is Corrupt and Fraudulent! 7/9/15
Governments must use GAAP Accounting!
Open Letter to U.S. Citizens USAPonzi Simplified
The Oswald Financial Bubble!
Juicing the U.S. and Global Economy!
Scoundrels, Liars, and Cheaters!
Creating Counterfeit Wealth
The Infinite Counterfeit Money Machine!!
Dr. Kotlikoff: Social Security is Broken
Op-Ed to The Wall Street Journal 8/15/15
Deficit Spending/Money Supply/Counterfeit Money
Op-Ed to The New York Times 8/24/15
Cooking the Books!
Why Pro Athletes make $Millions!
Buffett-Silent Beneficiary of Government Fraud!
Bernie Sanders winning with BIGGER Fiscal Lie!
Amazon: A Counterfeit Company!
Sitting on a Global Financial System Time Bomb!
The Myth of American Economic Exceptionalism!
Don't cry for me Argentina/America!
Gagging on a Gnat while swallowing a Camel!
Taking the Plunge into Fiscal Oblivion!
USAPonzi-The Biggest Ponzi Scheme on the Planet!
The Impact of Deficit Spending!
Government Fraud makes Upper/Ruling Classes Rich!
Open Letter to U.S. Citizens Oct 26, 2015
Why the U.S. Government raises the Debt Ceiling!
Cheating the Planet! 10/31/15
U.S. Government is "Too Big to Save"!
Copy of U.S. Government is "Too Big to Save"!
How Oswald created ISIS!
Mark Zuckerberg's Charitable Giving
How Oswald created Traffic Jams
How USAPonzi created "America's Team"
How Oswald created Saudi budget deficit
Closing Scene in USAPonzi-The Movie
How USAPonzi created "The Clinton Foundation"
How much money is 2.5 Trillion Dollars?
The Bank Bubble
Clinton/Trump: Getting Rich(?) from US Gov Fraud
Whistleblower Letter to The Watchdog@DallasNews
The Meaning of Counterfeit Money
The Theory of Imaginary Money
USAPonzi: The Ultimate Government Fraud
America: A Debtor Nation!
The Janet Yellen Dilemma!
Op-Ed to WSJ, NYT, and DMN April 2016
USAPonzi Fraud Status April 15, 2016
Raising the Minimum Wage is Foolhardy
Whistleblower Letter to FixTheDebt.org 4/18/16
Fooling the Entire Planet!
Stealing from Future Americans
Whistleblower Letter to Congress April 2016
Four of Five Things in the US are Unafforadable!
Why are Interest Rates so Low? USAPonzi!
USAPonzi a Simple Fraud: Public Debt=Private Wealt
Open Letter to U.S. Citizens May 19, 2016
USA: The Land of Endless Money!
Making Something out of Nothing!
Whistleblower Letter Supreme Court May 2016
The Imaginary Millionaires and Billionaires!
USAPonzi enriches Gates/Buffett/Clinton/Trump
The U.S. Government is Corrupt!
The USA appears Prosperous by Cheating!
Getting Rich on Borrowed Money
USAPonzi is a four tiered Fraud!
Proposed Texas Ranger Stadium a $Billion Folly!
The Magic Money Spigot!
Ballooning the Global Money Supply!
Oswald changed the course of history!
Why does the Stock Market keep going up?!
The $1B Toyota Debacle!
Kevin Durant's $54.3 Million Contract Explained!
The U.S. Government is rigged!
The $102.8 Trillion Heist!
Letter to Congressman Neugebauer July 13, 2016
Oswald made the Dallas Cowboys faux valuable!
Filling the Planet with Junk!
The Oil Price Bubble!
Why "Radical Islamists" hate the Western World!
Stephen Moore-Heritage Foundation Letter
America: A Great Country Ruined by Fraud!
Apple sells billionth iPhone!
USA maintains global dominance with fraud!
The $103 Trillion Gift to the Upper Class!
Op-Ed to WSJ/NYT/DMN August 2016
How Public Liabilities produce Private Wealth!
The Practice of Selective Taxation
USAPonzi-A Classic Ponzi Scheme Aug 2016
The U.S. Government is Lying and Cheating!
The U.S. Government is Corrupt Op-Ed 8/20/2016
The Clinton Fraud Op-Ed 8/22/2016
Whistleblower Letter #2 Supreme Court Sep 2, 2016
We don't need a Wall, we need the Truth!
Creating Imaginary-Counterfeit Wealth
The Senior U.S. Government Officials are Criminals
Stealing from the Future Americans!
The U.S. Government is Cheating the Common Man
The United States of America is a Fraud!
The SEC Methodology for Detecting Ponzi Schemes
Creating Money out of "Thin Air"!
LeBron endores Hillary: "High Stakes Pay to Play"
The Concept of Imaginary-Counterfeit Money
Creating the Wealth Gap
Slipping $103.8 Trillion to the U.S. Upper Class!
The Wells Fargo Scandal Hypocrisy
Borrowing from the Future! 10/19/16
Inflation-A Byproduct of USAPonzi 10/22/16
USAPonzi CliffsNotes 11/01/16
The Windfarm Debacle
U.S. Total Financial Leverage 4.2X 1929 11/5/16
The Greatest Depression-The USAPonzi Apocaplyse
Getting Rich By Borrowing Monopoly Money!
The Bankruptcy of the United States of America!
Offshoring-A Byproduct of USAPonzi
Getting Rich from U.S. Government Fraud!
Urbanization-A Byproduct of USAPonzi
America is Living on its Credit Card
Because Oswald Assassinated JFK
Open Letter to Planet Earth Nov 2016
Unlimited Wealth to the U.S. Upper Class!
The Great Economic Divide!
America has gone Rogue
Open Letter to Planet Earth Dec 13, 2016
Open Letter to Planet Earth Dec 14, 2016 Printable
Open Letter to Planet Earth Ongoing
Breaking "The Golden Rule"
The Day the Money Runs Out!
Enriching the Upper Class/Cheating the Common Man
The American Mafia
Currency Manipulation Fraud
Whistleblower Letter #3 Supreme Court Jan 3, 2017
Why Trump and Putin are Buddies!
The Imaginary Stock Market
Jim Cramer is a Brilliant, Fast Talking Fool!
The Eight Richest Billionaires
Trump: The First Imaginary Billionaire President!
Obamacare Folly: Trying to Fix the Unfixable!
USAPonzi must be a Planned Conspiracy!
The Dow 20,000 Imaginary Milestone
Congress: What part of this do you not understand?
Tesla-The Imaginary Car
Google-A Company built on fraud!
Facebook-A Company built on fraud!
If it seems too good to be true!
Two Classes of People-Two Kinds of Money
Las Vegas-A Glitzy City built on Fraud!
Netflix-A Company built on Fraud!
Janet Yellen: Liar or Fool?
Open Letter to Planet Earth 2/11/17
The Goldman Sachs Conspiracy
Wealth and Income Inequality Crisis
The Extended Theory of Imaginary-Counterfeit Money
Stock Market Record Highs!
Open Letter to Planet Earth 2/25/17
Open Letter to Supreme Court Nominee Neil Gorsuch
New York Union Workers Struggle to Survive!
Whistleblower Letter #4 Supreme Court Mar 6, 2017
Open Letter to Planet Earth 3/7/17
Playing with a Stacked Deck!
Open Letter to Warren Buffett
Cooking the Books! 3/21/17
Open Letter to Planet Earth 3/24/17
Healthcare Cost Inflation-A Byproduct of USAPonzi
Open Letter to Planet Earth 3/29/17
U.S. Trade Deficit Explained
Chinese NOT Grand Champs of Currency Manipulation
Earning Imaginary Interest on Imaginary Money!
The LBJ Conspiracy
Borrowing from Future Americans!
Fools or Cheaters?
Ponzi Schemes Explained FruadsandScams.com
The $105.8 Trillion U.S. Government Fraud
Open Letter to the U.S. General Public
Read My Lips!
A Fraud that fooled A Planet!
Cheating the U.S. Common Man!
Drain the Swamp by Congressman Ken Buck
Earnings Beat Estimates! Earnings Beat Estimates!
Luxurious Living for the U.S. Upper Class!
Pulling Rabbits out of a Hat!
USAPonzi2: Introducing my second book on USAPonzi
Printing $106.1 Trillion of Counterfeit Money!
Plano TX: Influx of Millions!
Enriching the U.S. Upper Class! 5/15/17
The American Elite Conspiracy?
The Art of Making Money
US Government is oppressing the Common Man
Deficit spending and imaginary-counterfeit money
Whistleblower Letter #5 Supreme Court 05/19/17
Forward to Media Supreme Court Letter #5
Stealing from the Future Americans 5/21/17
The Primary Reason Terrorists hate America
Truth in the U.S. Government
The Absurdity of Trump scolding NATO
The Cause of the Internet and Housing Bubbles
Open Letter to the U.S. General Public 5/30/17
DFW home prices keep climbing 5/31/17
The U.S. Government is Corrupt 6/2/17
Air Traffic Control System Debacle
The U.S. Government is "Cooking the Books"!
The Imaginary U.S. Upper Class
Home prices hit new record
Open Letter to the U.S. General Public 6/11/17
Plano readies roads for Toyota employees
Buying stuff with imaginary money 6/15/17
The $664,000 Parking Spot in Hong Kong
Truth should reduce Political Polarization!
Why Hodgkinson attacked the GOP baseball team
Balance the Scales of Justice!
Why Stocks and Real Estate go up!
Why U.S. Government fraud is killing elephants!
The Starbucks Miracle/Debacle!
Healthcare Cost Escalation!
Janet Yellen apparently has no clue!
Open Letter to the U.S. General Public 7/1/17
Inheriting Great Wealth from our Kids!
The Wealth Gap is caused by U.S. Government Fraud!
Open Letter to the U.S. General Public 7/8/17
Getting Rich on Borrowed Money!
Why Healthcare Costs are increasing!
Hot market turns hotter!
U.S. Government fraud causes Class Inequality!
Whistleblower Letter #6 Supreme Court 07/17/17
Jamie Dimon apparently has no clue!
Stuffing $106.9 Trillion in upper-class pockets!
Creating massive wealth out of thin air!
The Imaginary Economy of USAPonzi!
The American Social Justice Crisis
The American Education Cost and Equality Crisis
A Planet fooled!
Open Letter to Planet Earth 8/9/17
A Fake America!
Oppressing the Common Man!
Dallas High-Rise Living Debacle!
Naval Accidents caused by U.S. Government Fraud!
USAPonzi CliffsNotes 9/1/17
Drugs, Wall, and Government Fraud!
Matthew Stafford $151.5M QB
Superpower by Fraud, The United States of America
An Infinite Amount of The Wrong Stuff
Suspending the "Debt Limit"!
Cheating the U.S. General Public!
Flipping picks up in D-FW! 9/15/17
The Illegal-Legal Drug Price Bubble!
Texas Rangers Globe Life Field Debacle!
USA-A Nation of Cheaters!
Social Injustice of $195 Trillion 9/26/17
USAPonzi CliffsNotes 10/1/17
Terrorism and War financed by Government Fraud
Injustice in America
Amazon Headquarters Search is a Fool's Errand
USAPonzi Elevator Speech 10/8/17
American Accounting Fraud
The $107.8 Trillion Crime
Absurdity of USAPonzi
All-Time Highs in the Stock Market
Global Financial Time Bomb
Enriching the Rich and Cheating the Rest
Whistleblower Letter #7 Supreme Court 11/1/17
Bitcoin Valuation Dilemma
Apple Imaginary Cash Hoard
Open Letter to U.S. General Public 11/6/17
Imaginary US Military
Saudi Wealth produced by U.S. Fraud
Criminals, Scoundrels, Liars, and Cheaters in DC
Cooking the Books 11/15/17
da Vinci Painting sells for $450M of fake money
$109.0 Trillion White Collar Crime in Plain Sight
Mercedes-Benz Stadium Debacle
SEC Letter Nov 25, 2017
Hands in the Cookie Jar
Jeff Bezos-The $100 Billion Man by Fraud
Open Letter to Planet Earth 12/1/17
Pete Sessions Elevator Speech
Criminals in Washington
Bitcoin Mania-Finite Bitcoins and Infinite Dollars
Opioid Crisis fueled by U.S. Government Fraud
Steal from the Poor and Give to the Rich
Robot Takeover caused by U.S. Government Fraud
Buying Cars with Counterfeit Money
Trump Stock Market Rally caused by Fraud
America living opulently on borrowed money
The Housing Bubble of 2018
Blackest Black Swan Event
News Media aiding and abetting US Government Fraud
Synchronized Global Growth by Fraud
Open Letter to Planet Earth 1/6/18
Oprah Winfrey-Presiding over Fraud?
Homes sell over list by Fraud
Illegal Immigration caused by Fraud 180115
USAPonzi Elevator Speech 1/17/18
Stock Market Meltup by Fraud 1/18/18
Imaginary US Military by Fraud 1/19/18
The American Dream is a Nightmare 180122
Netflix Miracle by Fraud 180123
The U.S. Government is printing Counterfeit Money
Amazon HQ2 Finalist Open Letter
Trump Stock Market Fraud 180127
Whistleblower Letter #8 Supreme Court 2/1/18
Criminal Acts of the U.S. Government
Open Letter to Planet Earth 2/6/18
Criminals win again with 2018 Budget Deal
Super-Juicing the Global Ecomony
The United States of Fraud
Gun Violence enabled by Fraud
Wealth and Prosperity in America 180222
imaginary-counterfeit money re-explained
WV Teacher Strike Prompted by US Gov Fraud
LBJ Fooled a Planet of Fools
Cars-Cars-Cars and Trade Imbalance
Amazon-A Counterfeit Company Built on Fraud
US Debt-Liabilities-Assets from $112.3T Fraud
Imaginary USAPonzi Military 180312
Open Letter to Planet Earth 3/13/18
AT&T CEO Income dwarfs worker salaries by Fraud
Whistleblower Letter #9 Supreme Court 3/21/18
Dallas unveils housing plan
Great Wealth and Strong Economy by Fraud
Enrichment of the Top 1% in America by Fraud
Open Letter to Planet Earth 3/28/18
Saudi Wealth by U.S. Government Fraud 3/29/18
Financial Warfare by Fraud 3/30/18
Up, Up, Up Goes the Economy by Fraud 180331
Amazon is an Imaginary Company
Social Injustice of $204 Trillion 180406
Core Principle of the U.S. Deep State
Global Inequality Tipping Point 2030
Big Gaps among Residents of Dallas 180412
Fools or Criminals in the U.S. Government?
Open Letter to Planet Earth 4/19/18
Eliteocracy in America 180422
Cooking the Books by $113.0 Trillion! 180425
Boeing shares pop after crushing earnings 180426
GM tops estimates on strong sales of crossovers
Amazon Crushes First-Quarter Profit Estimates
Open Letter to Planet Earth 180501
Amazon is a $768B Hoax by Fraud 180502
American Dream destroyed by Fraud
Apple is a $933B Miracle Company by Fraud
Buffett-Genius Investor by Fraud
Human Rights Violation in America
Drug Prices will fall when USAPonzi Implodes
Cars, Airplanes, Tall Buildings, and Boomtowns
Open Letter to US General Public 180517
Open Letter to US General Public 180524
Open Letter to Planet Earth 180525
Embarrassment of America 180528
Trump takes credit for 49 year fraud 180530
Greed Trumps Honesty in America 180601
USAPonzi Fantasy World for the