Amazon Minimum Wage Increase by Fraud 181003
October 3, 2018
Emailed to WSJ/NYT/WP/DMN, the US SEC, Congressman Pete Sessions, Congressman Sam Johnson, Senator John Cornyn, and Senator Ted Cruz on 10/03/18
The following is an Op-Ed to “The Wall Street Journal”, “The New York Times”, “The Washington Post”, and “The Dallas Morning News” which explains that Amazon is increasing its minimum wage because of U.S. Government fiscal and accounting fraud!
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! The U.S. Government should be operating its fiscal policy with accrual accounting!
Amazon Minimum Wage Increase by Fraud 181003
October 3, 2018
Amazon Sets $15 Minimum Wage For U.S. Employees, Including Temps
October 2, 20187:33 AM ET
National Public Radio
Amazon will pay all of its U.S. employees a minimum of $15 an hour, more than double the federal minimum wage of $7.25. The retail giant, run by the world's richest man, was criticized earlier this year after revealing its workers' median pay was $28,446.
Amazon says the new rate will go into effect on Nov. 1, covering all of its full-time, part-time, temporary and seasonal employees in the U.S.
"We listened to our critics, thought hard about what we wanted to do, and decided we want to lead," said Amazon's founder and CEO Jeff Bezos, as the company announced the new pay scale Tuesday. "We're excited about this change and encourage our competitors and other large employers to join us."
Amazon announced yesterday that it was increasing its “minimum wage” to $15 an hour! Amazon can afford to do this because the U.S. Government is corrupt! The U.S. Government is running a classic Ponzi scheme that is borrowing an unlimited amount of imaginary-counterfeit money from the future Americans so that the current Americans can buy an unlimited amount of stuff from Amazon!
Bernie Sanders is applauding this increase in the minimum wage when he himself is a criminal in the U.S. Government that is committing a fiscal and accounting fraud that is printing imaginary-counterfeit money so that Amazon can sell a lot of stuff and pay their employees an ever-increasing wage while Jeff Bezos becomes richer and richer; even more than his current net worth of $160 Billion!
Bernie Sanders apparently has no clue that he is a principal player in this massive $115 Trillion fraud!
Bernie Sanders complains that Jeff Bezos is filthy rich but has employees that can barely make a living wage when Bernie Sanders and his fellow members of Congress are directly responsible for fraudulently enriching the rich and oppressing the poor by committing fiscal and accounting fraud!
The U.S. Government is borrowing an unending and ever-increasing stream of imaginary-counterfeit money from the future Americans so that the current Americans can buy an unending and ever-increasing amount of stuff from Amazon!
The corrupt and criminal U.S. Government is committing fiscal and accounting fraud by not operating its fiscal policy according to Generally Accepted Accounting Principles (GAAP Accounting)!
As of today, the U.S. Government has borrowed $115.0 Trillion (US Unfunded Liabilities (GAAP)) from the future Americans, money the future Americans do not have, and given it to the current Americans so they will have plenty of money to buy stuff from Amazon without having to pay for it! Every day the U.S. Government fraudulently borrows $16.6 Billion more imaginary-counterfeit money from the future Americans so the current Americans will not run out of money to buy stuff from Amazon!
The corrupt and criminal U.S. Government is in the process of printing an infinite amount of imaginary-counterfeit money with GAAP basis deficit spending and giving it to the current Americans so they can buy an infinite amount of stuff from Amazon without paying for it!
Amazon is a counterfeit company built on U.S. Government accounting fraud (See Amazon-A Counterfeit Company built on Fraud)!
With an infinite amount of imaginary-counterfeit money printed by the U.S. Government, Amazon can have an infinite amount of sales, make an infinite amount of profit, and have an infinite market capitalization!
Jeff Bezos is an imaginary centi-billionaire because of U.S. Government accounting fraud (See Jeff Bezos-The $100 Billion Man by Fraud)!
With an infinite amount of imaginary-counterfeit money printed by the corrupt and criminal U.S. Government, Amazon can have an infinite amount of sales, an infinite amount of profit, and an infinite market capitalization so Jeff Bezos can gain an infinite imaginary-counterfeit net worth!
The corrupt and criminal U.S. Government is in the process of printing an infinite amount of imaginary-counterfeit money so Americans can buy an infinite amount of stuff from Amazon, so Jeff Bezos can get filthy rich, and so Amazon employees can get a nice raise!
When this U.S. Government accounting fraud is exposed, Amazon will go out of business, Jeff Bezos will be broke, and Amazon employees will be out of a job!
USAPonzi is a $115.0 Trillion Fraud!
The U.S. Government is corrupt!
The senior officials of the U.S. Government are common criminals that have committed a $115.0 Trillion criminal act by not operating the U.S. Government fiscal policy with proper accrual accounting! The senior officials of the U.S. Government are common criminals because they are direct financial beneficiaries of this massive fraud! The corrupt and criminal U.S. Government is overpaying itself with imaginary-counterfeit money!
We have 535 criminals in the U.S. Congress and an untold number of criminals in the White House!
I have sent 14 whistleblower letters to the U.S. Securities and Exchange Commission, a whistleblower letter to every member of the U.S. Congress, and 9 whistleblower letters to each member of the U.S. Supreme Court so that all three branches of the U.S. Government would be informed of this massive fraud!
I have also sent over 200 Op-Eds to the “mainstream media” in an attempt to expose this massive fraud to the citizens of Planet Earth! None of these Op-Ed candidates have been published!
This massive fraud is explained in more detail in my Open Letter to US Government, my Open Letter to Planet Earth, and my Open Letter to US General Public!
I have presented specific fraud charges against the U.S. Government in my Fraud Charges against U.S. Government commentary!
I have also explained this fraud to the International Monetary Fund in my Open Letter to the International Monetary Fund commentary!
To eliminate this massive ($115.0 Trillion) fraud, the U.S. Government must adopt GAAP Accounting and commit to a balanced GAAP basis budget.
|Cash Deficit in FY2019
|GAAP Deficit in FY2019
|US Unfunded Future Liabilities
|US Unfunded Liabilities (GAAP)
|Total National Assets
Source: www.usdebtclock.org Oct 3, 2018
This fraud/Ponzi scheme (USAPonzi) is explained in much more detail on my websites www.usaponzi.net and www.usaponzi.com and in my books “USAPonzi” 11/22/15, “USAPonzi2” 5/1/17, “USAPonzi3” 2/1/18, and “USAPonziA” 9/1/18! Each of these books have updates that I made every few days until the next book was published. I have published 658 commentaries since March 29, 2013 in an attempt to explain and expose this massive U.S. Government fraud!
This is the biggest ($115.0 Trillion) financial fraud ever perpetrated, I call it “USAPonzi: The Ultimate Government Fraud” and “The Biggest Ponzi Scheme on the Planet”.
John W. White