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

                    Copyright Declaration                                                                                                                                       John W. White    March 29, 2013

US Government-A Criminal Enterprise 210615
June 15, 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 6/15/21


The U.S. upper class has “a bird’s nest on the ground” because the U.S. Government is a Criminal Enterprise!


Criminal Enterprise
The FBI defines a criminal enterprise as “a group of individuals with an identified hierarchy, or comparable structure, engaged in significant criminal activity.” Typically, we think of drug cartels, racketeering enterprises, or even the Gestapo.


The U.S. Government is a Criminal Enterprise because it is using fraudulent accounting to enrich the U.S. upper class and cheat the U.S. general public!


The U.S. upper class has “a bird’s nest on the ground” because the corrupt U.S. Government fraudulently borrows more imaginary-counterfeit money every day from the future Americans and gives it to the U.S. upper class with GAAP basis deficit spending!


As of June 15, 2021, the corrupt U.S. Government has fraudulently given the U.S. upper class $149.4 Trillion of imaginary-counterfeit money!


The corrupt U.S. Government is pretending to borrow money from the future Americans, money that the future Americans do not have, and giving it to the U.S. upper class!

 
The corrupt U.S. Government 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 and giving it to the U.S. upper class by undertaxing them!


The corrupt U.S. Government is “cooking the books” by promising to pay future benefits but is not using Generally Accepted Accounting Principles (GAAP Accounting) to accrue the money pay these future benefits! Because of this fraud, the corrupt U.S. Government has fraudulently enriched the U.S. upper class by $149.4 Trillion (US Unfunded Liabilities GAAP)) and cheated the U.S. general public out of $121.0 Trillion (US Unfunded Future Liabilities) of future benefits!


The following notional chart shows how the corrupt U.S. Government has been fraudulently borrowing money from the future Americans since 1969. As of June 15, 2021, the corrupt U.S. Government has borrowed $149.4 Trillion from the future Americans and given it to the U.S. upper class! The rate at which the U.S. Government is fraudulently borrowing imaginary-counterfeit money from the future Americans is increasing exponentially and could reach a quadrillion dollars (a thousand trillion dollars) by 2045 so Americans, especially the U.S. upper class, can buy stuff and pretend like the future Americans will pay for the stuff someday!




 

The corrupt U.S. Government is a Criminal Enterprise that likes the U.S. upper class a whole lot more than it likes the U.S. general public!


USAPonzi, the fraudulent fiscal policy of the corrupt U.S. Government, is fraudulently enriching the U.S. upper class (so far by $149.4 Trillion)!


USAPonzi, the fraudulent fiscal policy of the corrupt U.S. Government, is cheating the U.S. general public (so far by $121.0 Trillion)!


The U.S. upper class has “a bird’s nest on the ground”!


The corrupt
U.S. Government is a Criminal Enterprise!



US National Debt  $28.4 Trillion 
Cash Deficit in FY2021  $3.28 Trillion 
GAAP Deficit in FY2021  $14.02 Trillion 
US Unfunded Future Liabilities  $121.0 Trillion 
US Unfunded Liabilities (GAAP)  $149.4 Trillion 
Imaginary-Counterfeit Money  $149.4 Trillion 
US Total National Assets  $162.7 Trillion 

Source: www.usdebtclock.org June 15, 2021


I have written two websites (www.usaponzi.net and www.usaponzi.com) and eight books that explain this accounting fraud/Ponzi scheme and the impact it is having on Planet Earth. My latest book (USAPonziE) is available on Amazon and can be downloaded from my www.usaponzi.net website.


John W. White
Plano, TX