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

USAPonzi Elevator Speech 1/17/18
January 17, 2018
Emailed to WSJ/NYT/WP/DMN, the US SEC, Congressman Pete Sessions, Congressman Sam Johnson, Senator John Cornyn, and Senator Ted Cruz on 1/17/18


The following is an Op-Ed to “The Wall Street Journal”, “The New York Times”, “The Washington Post”, and “The Dallas Morning News” that explains how the U.S. Government is running a Ponzi scheme (USAPonzi) to enrich the U.S. upper class!


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 "news media" is aiding and abetting the corrupt and criminal U.S. Government by refusing to report this fiscal and accounting fraud!


USAPonzi Elevator Speech 1/17/18
January 17, 2018


The U.S. Government is corrupt!


The U.S. Government is committing fiscal and accounting fraud by failing to use proper and Generally Accepted Accounting Principles (GAAP Accounting)!


The U.S. Government has borrowed $111.7 Trillion from the future Americans and given it to the U.S. upper class!


The future Americans do not have $111.7 Trillion!


This is a $111.7 Trillion Ponzi scheme (USAPonzi)!


This is a $111.7 Trillion fraud!


End of story!

 

National Debt  $20.6 Trillion 
Cash Deficit in FY2018  $0.65 Trillion 
GAAP Deficit in FY2018  $5.98 Trillion 
US Unfunded Future Liabilities  $91.1 Trillion 
US Unfunded Liabilities (GAAP)  $111.7 Trillion 
Imaginary-Counterfeit Money  $111.7 Trillion 
Total National Assets  $134.6 Trillion 

Source: www.usdebtclock.org Jan 17, 2018


To eliminate this fraud, the U.S. Government must adopt GAAP Accounting and commit to a balanced GAAP basis budget.


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), “USAPonzi2” (May 1, 2017), and  “USAPonzi3” (pre-release Feb 1, 2018) which are available on Amazon to better explain this fraud/Ponzi scheme.


This is the biggest ($111.7 Trillion) financial fraud ever perpetrated, I call it “USAPonzi: The Ultimate Government Fraud” and “The Biggest Ponzi Scheme on the Planet”.


John W. White

Plano, TX