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

Work from Home Fallacy 201007
October 7, 2020
Emailed to The United Nations, Fed Chair Jay Powell, St Louis Fed President James Bullard, 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, and NYT/WSJ/WP/DMN/CNBC on 10/8/20.



The U.S. Government is corrupt!
Whistleblower Letter #6 to the U.S. Congress 201005


Work from home is a fallacy because the U.S. Government is corrupt!


fallacy
a mistaken belief, especially one based on unsound argument.


Work from home appears to be possible because the corrupt U.S. Government is printing counterfeit money!


The Coronavirus Pandemic has caused us to come to the false conclusion that many people can work from home just as effectively as being in the office!


Most people do not realize that working from home appears to be possible because the corrupt U.S. Government is printing counterfeit money!


The corrupt U.S. Government has printed $154.8 Trillion of counterfeit money, I call it imaginary-counterfeit money, over the last 51 years by committing a fiscal and accounting fraud, I call it USAPonzi, so elite workers(?) can earn millions and even billions and the non-workers can have a minimally sustainable living with both the workers(?) and the non-workers doing nothing of real value! Those that pretend to work(?) have a birds-nest-on-the-ground because the corrupt U.S. Government is creating monopoly money out of “thin air” by fraudulently borrowing it from the future Americans and stuffing it into the pockets of the U.S. upper class by undertaxing them!


The United States of America appears to be the richest country on Planet Earth because the corrupt U.S. Government is in the process of printing an infinite supply of imaginary-counterfeit money by fraudulently borrowing it from the future Americans and giving it to the U.S. upper class!


The U.S. economy appears to be the largest economy on Planet Earth because the corrupt U.S. Government is in the process of printing an infinite supply of imaginary-counterfeit money by fraudulently borrowing it from the future Americans and giving it to the U.S. upper class!


Many Americans are working from home because the corrupt U.S. Government is in the process of  printing an infinite supply of imaginary-counterfeit money by fraudulently borrowing it from the future Americans and giving it to the U.S. upper class!


The U.S. Upper-class is getting really really rich because the corrupt U.S. Government is in the process of printing an infinite supply of imaginary-counterfeit money by fraudulently borrowing it from the future Americans and giving it to the U.S. upper class!


The U.S. general public is getting really really screwed because the corrupt U.S. Government is promising them future benefits that the corrupt U.S. Government is not properly funding!


The corrupt U.S. Government is pretending like the future Americans will someday find an infinite pot of gold at the end of the rainbow to pay the now $154.8 Trillion of public liabilities that the corrupt U.S. Government has fraudulently deferred to the future Americans by undertaxing the U.S. upper class!


That is the nature of a Ponzi scheme, pay the early and informed participants in the scheme with money that the operator fraudulently claims the late and uninformed participants in the scheme will pay someday!


The corrupt U.S. Government has made it possible for many people to not work at all and those that do work(?) can make millions and even billions by not doing any real work! The elite are getting paid outrageous compensation with monopoly money that the corrupt U.S. Government is fraudulently borrowing from the future Americans!


The future Americans have a whole lot of imaginary-counterfeit money, after all it is imaginary!


The corrupt U.S. Government has already fraudulently borrowed $154.8 Trillion of imaginary-counterfeit money (US Unfunded Liabilities (GAAP)) from the future Americans and given it to the U.S. upper class!


The corrupt U.S. Government is committing a fiscal and accounting fraud by not operating its fiscal policy according to Generally Accepted Accounting Principles (GAAP Accounting) also called accrual accounting!


The corrupt U.S. Government has been printing counterfeit money for the last 51 years so the current Americans can buy stuff with money they have not earned! The corrupt U.S. Government is running a classic Ponzi scheme, I call it USAPonzi, that is fraudulently borrowing money, I call it imaginary-counterfeit money, from the future Americans, money the future Americans do not have, and giving it to the U.S. upper class so the current Americans (the haves) can work(?) from home or anywhere (See USAPonzi-The Great American Fraud)!


The pundits on TV do not understand that people are working from home because the U.S. Government is corrupt!


GAAP basis deficit spending
by the corrupt U.S. Government prints imaginary-counterfeit money and gives it to the U.S. upper class by undertaxing them!


As of today, October 7, 2020, the corrupt U.S. Government has fraudulently borrowed $154.8 Trillion (US Unfunded Liabilities (GAAP)) from the future Americans and given it to the U.S. upper class so a lot of Americans can work from home!


USAPonzi is also causing five global crises (See Quintet of Global Crises (economy, climate, health, hunger, and depression)) that are setting the stage for The Greatest Depression and if this Ponzi scheme is continued it will Destroy Planet Earth!



US National Debt  $27.0 Trillion 
Cash Deficit in FY2021  $3.15 Trillion 
*GAAP Deficit in FY2020  $28.6 Trillion 
US Unfunded Future Liabilities  $127.8 Trillion 
US Unfunded Liabilities (GAAP)  $154.8 Trillion 
Imaginary-Counterfeit Money  $154.8 Trillion 
US Total National Assets  $123.7 Trillion 

Source: www.usdebtclock.org October 7, 2020
*usdebtclock.org has stopped explicitly reporting the GAAP Deficit. The GAAP Deficit is implicitly reported as the change in US Unfunded Liabilities (GAAP). US Unfunded Liabilities (GAAP) were $126.1 Trillion on October 1, 2019 the start date for FY2020 and were $154.7 Trillion on September 30, 2020 the end of FY2020 therefore the GAAP Deficit in FY2020 was estimated by usdebtclock.org to be $28.6 Trillion ($154.7T-$126.1T = $28.6T).


I have written two websites (www.usaponzi.net and www.usaponzi.com) and eight books that explain this accounting fraud 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.


This is the biggest ($154.8 Trillionfinancial fraud ever perpetrated, I call it USAPonzi: The Great American Fraud” and “The Biggest Ponzi Scheme on the Planet”!


John W. White
Plano, TX