Walmart-Goldman Fooled by US Gov Fraud 211023
October 23, 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 10/23/21
Walmart is worth essentially nothing!
Walmart will be forced to close essentially all of its 10,500 stores when the financial corruption within the U.S. Government is properly exposed!
Both Walmart and Goldman Sachs have been fooled by the U.S. Government “cooking the books”!
I am a whistleblower! The U.S. Government is corrupt! The corrupt U.S. Government is committing a fiscal and accounting fraud that is fraudulently borrowing an infinite amount of counterfeit money from the future Americans, so far $158.0 Trillion, so the current Americans can buy an infinite amount of stuff from Walmart and never have to pay for any of the stuff!
When this accounting fraud is properly exposed, Walmart will be forced to close essentially all of its stores!
The corrupt U.S. Government is stupidly operating its fiscal policy with cash accounting rather than proper accrual accounting!
The corrupt U.S. Government has gotten Planet Earth into a real pickle by making a stupid decision to “cook the books”!
having or showing a great lack of intelligence or common sense.
Stupid is a harsh and critical word but the corrupt U.S. Government is stupidly causing Planet Earth to do and experience some really stupid even disastrous things! As an example, it is stupid and criminal for the corrupt U.S. Government to promise future benefits to the U.S. general public and not accrue the money to pay for these future benefits! As another example, it is stupid and criminal for the corrupt U.S. Government to burn up Planet Earth!
Where in the world is Walmart?
Total retail units 10,524
Walmart U.S. 4,740
Sam's Club U.S. 599
Walmart International 5,185
From our humble beginnings as a small discount retailer in Rogers, Ark., Walmart has opened thousands of stores in the United States and expanded internationally. Through this model of expansion, we’ve taking a multi-local, tailored approach bringing the right businesses to the communities that need them, and creating opportunities and bringing value to customers, suppliers and associates around the globe.
Today, Walmart operates approximately 10,500 stores and clubs under 48 banners in 24 countries and eCommerce websites. We employ 2.2 million associates around the world — nearly 1.6 million in the U.S. alone.
OCT 19, 2021
Walmart Joins Goldman Sachs Conviction List; Target Removed
Goldman Sachs 'remains constructive on fundamentals' for both Walmart and Target 'into 2022,' wrote analyst Kate McShane.
Walmart (WMT) - Get Walmart Inc. Report shares rose Tuesday after Goldman Sachs placed the titanic retailer on its Americas Conviction List, while removing peer Target (TGT) - Get Target Corporation Report, whose shares also gained.
“We are adding buy-rated WMT to the list and removing buy-rated TGT, while remaining constructive on fundamentals for both companies into 2022,” wrote Goldman analyst Kate McShane.
“We believe WMT was one of the strongest stories at the Goldman Sachs Retail Conference in September, given the company’s improving ability to grow [earnings before interest and taxes] along with continued investments, which … will gain investor attention as the company executes over the coming year.”
Walmart recently traded at $144.32, up 1.9%. It has eased 1% year to date amid fierce competition in the retail industry.
McShane has a price target of $184 for the stock of the Bentonville, Ark., company.
Goldman Sachs has foolishly announced an upgrade to Walmart because they think it is undervalued!
Goldman Sachs, supposedly one of the smartest investment banks on the planet, has not yet discovered that the corrupt U.S. Government is printing an infinite amount of counterfeit money so we can fraudulently buy an infinite amount of stuff from Walmart.
Just as a starter, the corrupt U.S. Government has already printed $158.0 Trillion of counterfeit money so we can fraudulently buy a whole lot of stuff from Walmart without having to pay for it!
Walmart has a market cap today of $414 Billion and several members of the Walton family are now counterfeit billionaires because the incompetent, corrupt, and criminal U.S. Government has fraudulently borrowed $158.0 Trillion of counterfeit money, I call it imaginary-counterfeit money, from the future Americans so the current Americans can fraudulently buy a whole-hell-of-a-lot of stuff from Walmart and not have to pay for any of it!
Goldman Sachs has not yet discovered how the corrupt U.S. Government is pulling off this accounting trick!
The U.S. Government is corrupt and criminal for promising future benefits to the U.S. general public and not taxing the U.S. upper class to pay for these future benefits!
Goldman Sachs is foolish and incompetent for not recognizing the fact that the corrupt U.S. Government is incompetent and criminal!
Walmart has stupidly built over 10,500 stores because of this $158.0 Trillion accounting fraud!
This is stupidity! This is stupidity on steroids!
Walmart's revenue, profit, and market cap will all plummet to essentially zero when this U.S. Government incompetence, corruption, and criminality is properly exposed!
I am a whistleblower! The U.S. Government is corrupt! The corrupt U.S. Government is “cooking the books”!
The corrupt U.S. Government is committing a fiscal and accounting fraud, I call it USAPonzi, by not operating its fiscal policy with proper accrual accounting! The corrupt U.S. Government has fraudulently borrowed $158.0 Trillion (US Unfunded Liabilities (GAAP)) from the future Americans and given it to the U.S. upper class by undertaxing them so the current Americans can buy a whole-hell-of-a-lot of stuff from Walmart with monopoly money!
The corrupt U.S. Government is not operating its fiscal policy with proper accrual accounting (GAAP Accounting) and as a result 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, money the future Americans do not have, and giving it to the U.S. upper class by undertaxing them!
This fraud was started in 1969 when a scoundrel, Lyndon Baines Johnson, proposed and the corrupt U.S. Congress approved the Unified Budget but did not switch from Cash Accounting to GAAP Accounting that would properly accrue the money to pay future U.S. Government benefits to the U.S. general public!
The following chart shows how the corrupt U.S. Government started fraudulently borrowing imaginary-counterfeit money from the future Americans in 1969 and, so far, has fraudulently borrowed $158.0 Trillion and given it to the U.S. upper class!
This chart also gives a graphical projection of how the corrupt U.S. Government, with the current Ponzi scheme fiscal policy, could fraudulently borrow over a Quadrillion dollars (a thousand Trillion dollars) of imaginary-counterfeit money from the future Americans by 2041 and give it to the U.S. upper class so the entire planet can buy a whole-hell-of-a-lot more stuff from Walmart with a Quadrillion dollars of imaginary-counterfeit money!
My 16th whistleblower letter to my congressman Van Taylor 211012 explains the epic financial, economic, physical, and humanitarian disaster that is just ahead for Planet Earth because of the corruption within the U.S. Government!
The fools on Wall Street and the fools in Goldman Sachs have been fooled by the criminals in Washington! In the defense of Wall Street and Goldman, the corrupt U.S. Government may have fooled itself! We do not yet know if the people in the U.S. Government are accidental fools or intentional criminals! I suggest that we have some of each but they are all criminals whether they know it or not!
|US National Debt
|Cash Deficit in FY2022
|GAAP Deficit in FY2022
|US Unfunded Future Liabilities
|US Unfunded Liabilities (GAAP)
|US Total National Assets
Source: www.usdebtclock.org October 23, 2021
I have written two websites (www.usaponzi.net and www.usaponzi.com) and eight books that explain USAPonzi and the impact it is having on Planet Earth. My latest book (USAPonziE) is available on Amazon and can be downloaded from my websites in pdf format.
My commentary Fed-Asleep At The Switch 210901 gives a summary of the issues that this Ponzi scheme/accounting fraud is causing!
John W. White