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

Amazon Crushes First-Quarter Profit Estimates
April 28, 2018
Emailed to WSJ/NYT/WP/DMN, the US SEC, Congressman Pete Sessions, Congressman Sam Johnson, Senator John Cornyn, and Senator Ted Cruz on 4/26/18


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 why “Amazon Crushes First-Quarter Profit Estimates”! Amazon is selling a lot of stuff because the corrupt and criminal U.S. Government is “Cooking the Books by $113.0 Trillion


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!


Amazon Crushes First-Quarter Profit Estimates
April 28, 2018


Amazon Crushes First-Quarter Profit Estimates
E-commerce and cloud behemoth Amazon.com Inc. (AMZN - Get Report) blew past first-quarter earnings and revenue expectations on Thursday, reporting EPS of $3.27 vs. expectations of $1.24. Shares were rising more than 6% in after-hours trading to $1,612, close to an all-time high.
By Eric Jhonsa
April 26, 2018


Amazon is selling a ton of stuff to buyers that have $113.0 Trillion of monopoly money!


Amazon is selling a lot of stuff because the U.S. Government is corrupt! The corrupt and criminal U.S. Government is “Cooking the Books” so Amazon can sell a lot of stuff! The U.S. Government is operating its fiscal policy with cash accounting rather than the proper accrual accounting! Because of this accounting fraud, the corrupt and criminal U.S. Government has fraudulently borrowed $113.0 Trillion from the future Americans and given it to the U.S. upper class!


U.S. Government fiscal and accounting fraud is providing the imaginary-counterfeit money so Amazon can sell a lot of stuff!


Amazon will not sell very much stuff when this U.S. Government fraud is exposed!


The corrupt and criminal U.S. Government is committing fiscal and accounting fraud to enrich the U.S. upper class and give Americans the money to buy stuff with $113.0 Trillion of imaginary-counterfeit money! Most Americans are buying stuff from Amazon with reckless abandon without having to pay for this stuff with real money that they have earned. They simply use the imaginary-counterfeit money that the corrupt and criminal U.S. Government is fraudulently borrowing from the future Americans.


This fraud is explained in more detail in my “Cooking the books by $113.0 Trillion” commentary posted on April 25, 2018.


The corrupt and criminal U.S. Government is simply borrowing non-existent money from the future Americans and giving it to the U.S. upper class! GAAP basis deficit spending is digitally printing imaginary-counterfeit money and giving it to the U.S upper class!


Amazon is selling a lot of stuff because the U.S. Government is corrupt and is digitally printing imaginary-counterfeit money so Americans can buy Amazon stuff using monopoly money!


That is why Amazon has outstanding earnings!


Amazon is selling a whole hell-of-a-lot of stuff that the real economy cannot support!


As soon as this U.S. Government fraud is properly exposed, Amazon will not be selling very much stuff at all because this $113.0 Trillion of imaginary-counterfeit money will evaporate!


The stock market continually goes up because the corrupt and criminal U.S. Government is continually borrowing non-existent money, $16.4 Billion per day, from the future Americans and giving it to the U.S. upper class (GAAP Deficit in FY2018 = $6.00T/365 = $16.4B)! Amazon stock is just one of the many stocks that are dramatically overpriced because of U.S. Government fraud!


The global economy appears to be in synchronized expansion mode because people all over the planet are buying stuff with imaginary-counterfeit money that the corrupt and criminal U.S. Government is creating out of “thin air” with GAAP basis deficit spending! Amazon stuff is being purchased with some of the $113.0 Trillion of imaginary-counterfeit money that the U.S. Government is fraudulently borrowing from the future Americans!


Because of this fiscal and accounting fraud that I call USAPonzi, Americans are filling the planet with junk bought and built with imaginary-counterfeit money so we do not have to pay for any of it! The corrupt and criminal U.S. Government has fraudulently deferred $113.0 Trillion of public liabilities to the future Americans to produce $113.0 Trillion of imaginary-counterfeit money! Amazon stuff is just one of the many kinds of junk that is being fraudulently purchased with fake money!


This fiscal and accounting fraud that I call USAPonzi, if it is allowed to continue, will produce an infinite amount of imaginary-counterfeit money so Amazon will be able to sell an infinite amount of stuff! At that point, Amazon earnings should be really fantastic!


This massive fraud/Ponzi scheme that I call USAPonzi was caused by Oswald shooting JFK (See The Oswald Financial Bubble)!


The corrupt and criminal U.S. Government is filled with scoundrels, liars, cheaters, and criminals!


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

 

National Debt  $21.2 Trillion 
Cash Deficit in FY2018  $0.74 Trillion 
GAAP Deficit in FY2018  $6.00 Trillion 
US Unfunded Future Liabilities  $91.8 Trillion 
US Unfunded Liabilities (GAAP)  $113.0 Trillion 
Imaginary-Counterfeit Money  $113.0 Trillion 
Total National Assets  $138.6 Trillion 

Source: www.usdebtclock.org April 28, 2018


This fraud/Ponzi scheme (USAPonzi) is explained on my websites www.usaponzi.com and www.usaponzi.net and in my books “USAPonzi”, “USAPonzi2”, and “USAPonzi3”!


This is the biggest ($113.0 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